Starwood Property Trust and developer partner Integra Investments announced the topping off of 2340 Collins Avenue, Starwood Property Trust’s new headquarters in Miami Beach.
Upon anticipated completion in late 2021, the 144,430-square-foot, ‘Class A’ office building will serve as Starwood Property Trust’s corporate headquarters, where the firm will occupy approximately 55-percent of the square footage in the six-story east building and part of the west building.
The building will be occupied by 300 employees and feature 8,000 square feet of ground floor retail, as well as a 277-space parking garage with valet service.
“We are thrilled to reach this milestone in the development of Starwood Property Trust’s new headquarters in Miami Beach,” said Barry Sternlicht, Chairman and CEO, Starwood Capital Group and Chairman and CEO, Starwood Property Trust. “We look forward to calling this incredible city our home for years to come and, on behalf of all of us at Starwood Capital, I am tremendously grateful to everyone who played a role in the design, financing and construction of this innovative project.”
“We are proud of our development team as we bring this project a step closer to fruition with the completion of vertical construction,” said Integra Investment Principal Nelson Stabile. “As an innovative building in the heart of Miami Beach, it embodies a modern urban lifestyle just one block from the ocean that is tremendously well thought out and highly sophisticated in design.”