A PROJECT FOR THE PEOPLE
In 2017, the Carrie Meek Foundation fulfilled its ambition to
begin a major real estate development that both changed the community and increased employment opportunities. The Miami
Gardens, FL-based charitable organization formed a historic pub-lic/private partnership with Foundry Commercial of Orlando to
develop government-owned land near the Opa-Locka Executive
Airport in Miami-Dade County. The Foundry team was led by
Pryse Elam, president of development and investments, and Ford
Gibson, managing director of development and investments.
The deal, which closed last July, calls for the partners to use
some of the proceeds to train nearby residents for the jobs created
by the $200-million Carrie Meek International Business Park.
Amazon has already signed on for a highly automated, 855,000-sf
distribution facility that will create at least 1,000 new jobs.
In total, the asset will encompass more than 2. 4 million square
feet of floor area and include some of the most advanced technologies in the consumer logistics industry. When completed, the project will have created more than $250 million in additional tax base
and provided significant funding to the Carrie Meek Foundation
to be used to further economic development and job training for
the most underserved residents in Miami-Dade County.
THAT CERTAIN SOMETHING EXTRA
Office developers these days recognize the need to make their
properties stand out, and this approach is illustrated in a number
of recently delivered projects. The idea is that creative, unique
facilities, or those that set new amenity standards in their areas, will
do more to attract tenants looking to recruit and retain employees.
Last December saw the completion of the Offices One at Frisco
Station in Frisco, TX. The seven-story, 230,000-sf, class A spec
building is the first of five planned for The Offices at Frisco
Station. It also launched the initial wave of development for
Frisco Station, a 242-acre, mixed-use project that will total more
than five million sf of office and corporate campus space.
The Rudman Partnership, which had owned the vacant land for
more than 50 years, started work in 2016 with partners Hillwood
and Van Trust Real Estate. J.E. Dunn Construction signed on as the
design-build contractor and HKS Inc. as the project architect.
Along with amenities that foster collaboration, the Offices One is
designed with visibility and accessibility in mind. The development
will have direct access to Frisco Station’s planned entertainment
district, the Hub, and surrounds the new Dallas Cowboys headquarters. Employees also have access to health and wellness options
through Frisco Station’s medical and wellness campus, a regional
hub for fitness, outdoor spaces for community programming, hiking and biking trails and healthy dining options.
Leading the team working on Frisco Station are Geoff Meyer,
EVP for VanTrust; Mike Berry, president, Hillwood Properties
and Hillwood Urban; and Trey Sibley, general manager of the
Rudman Partnership. The Dallas/Fort Worth office of Cushman
& Wakefield will market and lease the project’s office space.
In February 2016, developer Schnitzer West LLC formed a joint
venture with an institutional client of Barings LLC to begin work
on Madison Centre. The a 37-story, 754,000-sf tower was delivered
to Seattle’s CBD last September and has all the resources of a corporate campus in one building.
Most notably, a three-story glass rotunda serves as a common
area that opens onto two floors of amenities, including high-tech
meeting spaces. A three-story living wall, the tallest of its kind in the
state, anchors the space and a rooftop terrace features landscaping
and views of the Puget Sound. The JV also formed a first-of-its-kind
relationship with the Washington Athletic Club to operate a fitness
and wellness center, Rev powered by WAC.
Leading the project team were Barings’ John Kennedy, Western
Region managing director, and asset manager Ben Green;
Schnitzer West’s Pam Hirsch, managing partner, director Jeff
Harmer and Steve Cook, investment partner. The design and
construction team consisted of NBBJ, shell & core architect; interior architect HKS Architects; BAMO Inc., interior designer; and
Sellen Construction Co., general contractor.
Perkins+Will designed a new science and research campus in
San Diego’s University Towne Centre life science market that
could change how people there think about office space. The
three trapezoidal, all-white concrete buildings make up the
new BioMed Realty i3 campus, which last summer was fully occupied under a 10-year lease by leading genomics research and life
sciences company Illumina.
The project’s progressive interior design and 100% wireless
capability fits well with the tenant’s “work anywhere” culture;
Carrie Meek International
Offices One at