REBusinessOnline

285,000-SQUARE-FOOT OFFICE TOWER TO BREAK GROUND IN FEBRUARY

CORAL GABLES, FLA. — 396 Alhambra LLC is eyeing a February groundbreaking of a two-tower, 285,000-square-foot office development at 396 Alhambra Circle in Coral Gables. The $130 million property is being developed by a joint venture of the companies Alhambra Investors and Agave Florida Investments. Coral Gables-based Fullerton Diaz designed the project, which will be built to silver LEED standards. More than 900 employees will work at the building, which is slated for completion in the spring of 2010.

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