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URBIN
Tags: BUSINESS

Location Ventures To Build Coworking And Coliving Concept

Developer Location Ventures is moving forward with its URBIN concept, with plans to use $56 million to build a coworking and coliving development in Miami.

The developer purchased the site for $20 million for the coworking and coliving concept that includes two buildings totaling 33,488 square feet. 

Location Ventures has 16 to 18 months to complete construction, which is expected to be part of the transformation Washington Avenue is experiencing.

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The site’s three-story office building will add a 5,000 square foot wellness center, as well as 21,000 square feet of flexible office space across various floors. Both short and long-term leases will be available.

The adjacent retail building will be demolished and replaced with a six-story building featuring a food market, 60 residential units with 120 bedrooms and a roof deck that will have a pool and bar.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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