Across from Brickell City Centre, an investor is planning to convert an old office building into a retail and restaurant center.
The Barlington Group is in contract to buy the building at 90 Southwest Eighth Street, which had an asking price of $33 million, according to The Real Deal. The company already owns the Blackbird Ordinary building across the street.
Barlington plans to invest a total of $45 million to buy and renovate the property. They are already marketing the property for lease (at $125 per square foot on the ground floor), and plan to close on the purchase in the fall of 2017.
Renovation work is expected to last six months, according to Barlington.