Billionaire Carl Icahn Is Moving His Offices To Sunny Isles Beach (Downtown Miami Is Too Far)

Carl Icahn is taking his talents to Sunny Isles Beach.

The billionaire investor has chosen the oceanfront city as the location for his Miami offices, according to the NY Post.

Icahn Enterprises will lease one and a half floors at the Milton Office Tower, which is being built at 16690 Collins Ave.

Icahn’s commute will be less than fifteen minutes from his home on Indian Creek island. By comparison, a drive to downtown Miami would take 40 minutes.

J. Milton Associates is building the 14-story tower with 107,274 square feet, of which 67,257 is leasable office at rates of $55 per square foot, according to Loopnet. Completion is scheduled for March 2020.

There will also be a six-floor parking garage, and 4,000 square feet of ground-floor restaurant and retail space.

 

Construction in November 2018: