Bridge Industrial plans to replace a corporate campus in Doral into nearly 270,000 square feet of warehouses, marking continuing office-to-industrial redevelopment in South Florida.
Across the tri-county region, developers are seizing on aging suburban office complexes with plans for new projects, primarily warehouses, with some planning residential developments. Although office leasing has boomed in Miami’s Brickell and downtown West Palm Beach, older office buildings have felt the sting from remote work.
Chicago-based Bridge plans the Bridge Point Doral 826 project with a pair of warehouses spanning 268,700 square feet, combined, on the 16-acre site at 7775 Northwest 48th Street, according to the developer’s news release. The firm is working on site preparations, and the project is expected to be completed in the third quarter of 2027.
Bridge, led by Steve Poulos, with Kevin Carroll leasing the Southeast region, paid $45.4 million for the site last year. The selling entity, managed by Richard and Warren Zinn in Miami, had paid $7.8 million for Corporate Park of Doral in 2010, records show.
The existing complex, called Corporate Park of Doral, consists of eight buildings spanning a combined 192,800 square feet. It was completed in the 1970s, according to LoopNet.
Bridge is a prolific South Florida industrial developer with 11 million square feet of completed and planned projects in the tri-county region, the release says.
This marks Bridge’s second office-to-industrial project in Miami-Dade County. Last year, the firm scored a $53 million construction loan to develop the 326,400-square-foot Bridge Point Flagler Station with two warehouses on the site of Ryder Systems’ former headquarters at 11690 Northwest 105th Street in an unincorporated area of the county. Ryder, a homegrown logistics giant that had been based at the property since 2005, moved to a smaller headquarters in Coral Gables, citing the need for less office space due to hybrid work.
Near Doral, Nashville-based Hamilton Development plans to tear down the Flagler Station office buildings at 9725 Northwest 117th Avenue and 10451 Northwest 117th Avenue, and replace them with over 300,000 square feet of industrial space in two facilities.
Elsewhere, the Pérez family’s Related Group, Toledano family’s BH Group and Pebb Enterprises plan to redevelop one of the office buildings at 6600 North Military Trail in Boca Raton into a 500-unit apartment building. The other two office buildings at the Office Depot campus will remain intact.
Near Dadeland Mall, Keystone Development + Investment is working on creating 212 apartments at the office buildings at 9400 South Dadeland Boulevard and 9500 South Dadeland Boulevard in Miami-Dade’s Kendall neighborhood.
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