SHVO TO DEVELOP "THE ALTON" - FIRST FOSTER + PARTNERS OFFICE BUILDING IN MIAMI BEACH
MIAMI BEACH, Fla., July 5, 2022 /PRNewswire/ -- SHVO, the luxury real estate development and investment firm, closed on an assemblage including 1656-1680 Alton Road and 1677 West Avenue at the nexus of Lincoln Road. This significant site is targeting developing 250,000 square feet with over 300 feet of prime Alton Road exposure, grand terraced outdoor rooms, and panoramic views.
- Joining a significant portfolio of Miami Beach assets including the famed Raleigh Hotel, this acquisition builds upon an established SHVO commitment to Miami Beach.
- SHVO plans to develop unique Class A commercial space with renowned design firm Foster + Partners, recognized internationally for conceiving state-of-the-art office space.
- The first Foster + Partners office building in Miami Beach, this development builds upon SHVO's collaboration with Foster + Partners at Transamerica Pyramid Center in San Francisco.
- The Alton is slated for an emphatic commitment to quality, sustainability, and a conscious initiative to elevate the standard of Miami Beach office space.