Miami Beach’s Planning Board voted unanimously to approve developer Shvo’s proposed Alton Road office project in South Beach.
Pritzker Laureate Lord Norman Foster and the team at Foster + Partners is designing the project with a biophilic design, inspired by Florida’s climate and vegetation. Kobi Karp Architects is working along with Foster on the design.
The project is known as The Alton. It is planned to rise six stories, and include:
- 170,000 rentable square-feet of Class A office space
- 17,000 square-feet of ground floor retail
- five luxury residences
The next step is a Design Review Board hearing in October. If approved, construction of The Alton is expected to commence early 2024.
Shvo is collaborating with Foster and architect Peter Marino on three Class-A office properties, totaling almost 400,000 square feet in Miami Beach, of which The Alton is one. The developer is investing over $2 billion in Miami Beach in partnership with Deutsche Finance America.
