{"id":1004603722,"date":"2022-09-22T03:35:01","date_gmt":"2022-09-22T11:35:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004603722"},"modified":"2025-02-24T02:03:54","modified_gmt":"2025-02-24T10:03:54","slug":"shvo-unveils-miami-office-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/","title":{"rendered":"SHVO Unveils Miami Office Development"},"content":{"rendered":"
\"One<\/a>

One Soundscape Park. Image courtesy of SHVO<\/p><\/div>\n

SHVO<\/strong> has unveiled its plans for the construction of One Soundscape Park, a 52,500-square-foot office development located at 1665-1667 Washington Ave. in Miami. SHVO is collaborating with Peter Marino<\/strong> for the complex’s design.<\/p>\n

The finished project will overlook Miami\u2019s Soundscape Park, as well as the city\u2019s South Beach neighborhood. The development\u2019s key architectural features will incorporate Art Deco-style motifs in line with area-specific designs, floor-to-ceiling material glazing, as well as a solar shading device that maximizes the interiors’ exposure to daylight. The building\u2019s amenities include custom-made artistic fixtures and furniture, private terraces, valet parking and a site-specific tailored service program.<\/p>\n

The announcement follows SHVO\u2019s recent unveiling of The Alton, a nearby Miami mixed-use project, as well as its collaboration with Foster + Partners for the $250 million redevelopment of the Transamerica Pyramid Center<\/a> in San Francisco.<\/p>\n

Miami\u2019s hot office market<\/h2>\n

Despite a slight cooling in its office transaction volume<\/a> in the first half of the year, the greater Miami metro’s office market is experiencing significant growth during a time of mass corporate migration to the city. This uptick in leasing, investment and construction is primarily attributable to the area\u2019s warm climate and lax regulatory environment.<\/p>\n

As of August, the city had 2 million square feet of office space under construction and one of the lowest vacancy rates nationwide at 8.6 percent, CommercialEdge data shows<\/a>. The market saw the sharpest drop in vacancies across the top 50 office markets in the country\u2014490 basis points compared to the same period last year, according to the same source.<\/p>\n

Another recent high-profile project in the area is Helm Equities\u2019 Parterre 42<\/a>, a 500,000-square-foot mixed-use office and retail development in the city\u2019s Design District.<\/p>\n","protected":false},"excerpt":{"rendered":"

One Soundscape Park marks the firm\u2019s second project in the market this year.<\/p>\n","protected":false},"author":3012,"featured_media":1004603721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1492,21742,21747],"tags":[33022,51696,51695,48632],"class_list":["post-1004603722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-miami","category-latest","category-office","tag-avison-young","tag-kobi-karp-architects","tag-peter-marino","tag-shvo"],"acf":[],"yoast_head":"\nSHVO Plans New Miami Office Complex - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"SHVO is collaborating with Pater Marino in developing One Soundscape Park, its second project in the area this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHVO Unveils Miami Office Development\" \/>\n<meta property=\"og:description\" content=\"SHVO is collaborating with Pater Marino in developing One Soundscape Park, its second project in the area this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-22T11:35:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-24T10:03:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/One_Soundscape_Park__Front-e1663793338985.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"801\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Frank\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/\",\"name\":\"SHVO Plans New Miami Office Complex - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/One_Soundscape_Park__Front-e1663793338985.jpg\",\"datePublished\":\"2022-09-22T11:35:01+00:00\",\"dateModified\":\"2025-02-24T10:03:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cf1bfd2d6753f6ea305911ffd020862c\"},\"description\":\"SHVO is collaborating with Pater Marino in developing One Soundscape Park, its second project in the area this year.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/shvo-unveils-miami-office-development\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/One_Soundscape_Park__Front-e1663793338985.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/One_Soundscape_Park__Front-e1663793338985.jpg\",\"width\":801,\"height\":621,\"caption\":\"One Soundscape Park. 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