A developer has submitted an offer to purchase the historic Dade Civil Courthouse in downtown Miami, according to Miami Today.
GFO Acquisitions LLC, which is a subsidiary of GFO Investments, submitted the bid of “about” $52.3 million.
Marisa Galbut is the CEO and president of of GFO, with Russell Galbut the chairman.
The developer plans a mostly residential, mixed-use redevelopment that respects the building’s history, a spokesperson told the paper.
The Dade County Courthouse was completed in 1928 and became the tallest building south of Baltimore. It was also the tallest municipal building in the United States.
A new courthouse building is scheduled to open across the street on January 21, allowing for the redevelopment.
