Oak Row Lands $181M Construction Loan for Miami Apartment/Office Highrise

Oak Row Equities started work on a multifamily and office tower in the Edgewater district of Miami. Oak Row obtained a $181 million construction loan from Bank OZK. Coastal Construction Group is building the project, 2600 Biscayne Boulevard. Arquitectonica is doing the design work.

The 41-story building will take over an entire city block and is located one block from the planned Northeast Corridor rail stop. The tower features 187,000 square feet of office and retail space and 399 studio to three-bedroom (plus den) rental residences.

For the residents, a wraparound 12th-floor amenity deck will have a lap pool, cold plunge, hot tub, well-appointed cabanas, fitness center and BBQ grills. The tower’s 41st floor will feature a coworking lounge and rooftop deck. 

Outdoor amenities exclusive to the office tenants include a landscaped rooftop terrace, exclusive padel court, open-air seating, and covered picnic areas. Inside, there is a dedicated business lounge, private meeting areas, conference rooms, and an entertainment room with a golf simulator.