One Kane Concourse Secures $74M Loan for Bay Harbor Islands Office Project
December 27, 2024One Kane Concourse is set to reshape Bay Harbor Islands’ office market. Jonathan Landau and Taubco secured a $74 million construction loan for the project, which will introduce 126,000 square feet of Class A office space. Located at 9551 East Bay Harbor Drive, this development will bring luxury workspaces to one of South Florida’s most exclusive communities.
A High-End Office Space in Bay Harbor Islands
Designed by Miami architect Luis Revuelta, the nine-story building will include:
- 75,000 square feet of office space
- 17,000 square feet of retail, pre-leased to a luxury Japanese brand
- A waterfront marina with docking options
- Two levels of underground parking
Cushman & Wakefield has started leasing offices, targeting hedge funds, boutique financial firms, and high-net-worth individuals.
Prime Location for Business Growth
Bay Harbor Islands continues to attract investors and businesses.
“You’ve got Indian Creek, Surfside, and Sunny Isles—it’s centrally located,” said Jonathan Landau. “Many companies and residents are moving here.”
While remote work has changed the office market in many cities, Miami’s high-end office sector remains strong. Notable leases in the area include:
- Ares Management’s 10,500-square-foot lease at Eighteen Sunset in Miami Beach
- Tom Brady’s family office at Terra’s The Well
A Collaboration Between Landau Properties and Taubco
This project is a joint venture between Landau Properties and Taubco, led by Irwin and Laura Tauber. The site, already owned by Taubco, will house one of the most upscale office buildings in the area.
Developers expect construction to be completed by 2026.
Landau Expands in Bay Harbor Islands
This project follows Landau’s boutique condo development, which secured a $29 million loan last year. The condo project is already 50% pre-sold, generating over $45 million in sales.
The Future of One Kane Concourse
As demand for luxury office spaces in Miami grows, One Kane Concourse will become a top business address in Bay Harbor Islands.
Explore luxury real estate opportunities at BRG International.