Moishe Mana has announced that he has commenced construction on the Nikola Tesla Innovation Hub in Downtown Miami.
The Nikola Tesla Innovation Hub will be created by renovating a 13-story office building at 155 South Miami Avenue, formerly the City National Bank building.
Records show that a Notice of Commencement to begin work was filed on January 26. A renovation permit from Miami’s Building Department has been issued.
According to the permit, 150,000 square feet will be renovated at a cost of $14.9 million.
The 13-story office building will house the Miami International University of Art and Design, with another five floors on the lower levels for a startup hub, Mana previously said.
Telesco Construction is the contractor.
The Miami Herald first reported Mana’s announcement, which was made in an online presentation.
