Sumaida + Khurana and Bizzi+Bilgili, a collaborative venture between Bizzi & Partners and Serdar Bilgili, have successfully secured a substantial $47.3 million construction loan for their ambitious project, THE FIFTH MIAMI BEACH. This luxurious five-story Class A+ office building, crafted by the esteemed Spanish architect Alberto Campo Baeza, marks his debut commercial venture in the United States. Nestled in the prestigious South of Fifth neighborhood in Miami Beach, the project promises to deliver an impressive 60,200 square feet of office, retail, and restaurant space. Cain International, a notable name in finance, has played a pivotal role in supporting this venture.
Launched in 2022 with the unanimous endorsement of the Miami Beach Historic Preservation Board, THE FIFTH MIAMI BEACH is poised for completion in 2025. Its strategic location at the gateway to Miami Beach, intersecting Michigan and Fifth Street, further elevates its appeal. The building, a paragon of sustainable and innovative design, is LEED Certified and reflects the unparalleled quality and architectural brilliance synonymous with the developers' legacy in residential condominium projects.
Gabellini Sheppard Associates, an internationally acclaimed firm, is steering the interior design, while Cube 3 stands as the executive architect. The landscape architecture is being masterfully handled by Urban Robot Associates based in Miami.
THE FIFTH MIAMI BEACH is envisaged as a modern architectural marvel, encapsulating a blend of glass, white marble, and concrete. Its biophilic design seamlessly integrates natural elements, fostering creative and expansive workspaces. The building boasts a grand marble lobby, towering ceilings, and flexible floor plans with floor-to-ceiling windows. Each office space extends into private outdoor terraces, with a spectacular atrium at the core. The rooftop offers a lush, landscaped haven with panoramic water views, complemented by an advanced fitness center, spa, diverse culinary options, and valet parking. Emphasizing sustainability and health, the building incorporates cutting-edge air quality and filtration systems.
Alberto Campo Baeza, a celebrated figure in Spanish architecture and recipient of Spain's National Prize for Architecture in 2021, has an illustrious portfolio including the Houses Turégano and de Blas in Madrid, the Olnick Spanu Museum in New York, and the Museum of Memory of Andalucía in Granada.
The visionary leadership of Saif Sumaida and Amit Khurana at Sumaida + Khurana, along with Davide Bizzi and Alessandro Pallaoro at Bizzi & Partners, has cemented their reputation in the global real estate sector. Their collaborations with Pritzker Prize laureates like Tadao Ando and Alvaro Siza, and renowned architects like Renzo Piano, have led to iconic developments such as 152 Elizabeth Street, 611 West 56th Street, 565 Broome SoHo, Eighty Seven Park, and the Langham Hotel in New York.
Source: PROFILEMiami, MMCG Invest, LLC, Michal Mohelsky