Giralda Place — the high-end, mixed-use project currently underway in Downtown Coral Gables that encompasses an entire city block — has announced the signing of a long-term lease agreement with HSBC.
The prominent corporate bank, one of the largest financial services institutions in the world, will occupy ground-floor retail space in the project’s “Class A” office component. Gordon Messinger, managing director with Cushman & Wakefield, represented Giralda Place in the lease negotiations.
Located at 2222 Ponce de Leon Blvd., HSBC will encompass 3,300 square feet within the existing, seven-story East Tower at Giralda Place. Relocating from 2199 Ponce de Leon Blvd., HSBC sought to upgrade to a superior location and more modern environment.
Giralda Place’s significant investment in infrastructure will accommodate the bank and other high-quality tenants, while transforming the property into the area’s newest live-work-play lifestyle destination. HSBC is scheduled to open this summer.
“We are pleased to welcome this signature ground-floor retail tenant to our highly anticipated project, which will greatly serve the needs of our office tenants, residents and the surrounding community,” said Christopher Brown, a co-developer of Giralda Place.
“The unparalleled location of our development continues to draw interest from residential buyers, along with multi-national and local companies desiring to be part Coral Gables’ renaissance,” he added.
“HSBC is a world-class organization that will complement our vision for the project’s tenant mix,” Messinger said.“We have seen increased demand in the project since signing with HSBC, and expect to announce shortly additional new and exciting tenants.”
Comprised of 43,602 square feet, the East Tower is undergoing significant enhancements scheduled for completion this month, which include a refreshed Mediterranean façade, new roof, and adding floor-to-ceiling windows to enhance natural light and expansive views of the surrounding skyline. The building also features a spacious third-floor terrace that was fully renovated in 2014.
Giralda Place’s ‘Class A’ office component, divided between two towers, will include state-of-the-art finishes and a penthouse level. The East Tower soon will be complemented by a nine-level West Tower, providing an additional 57,700 square feet of office space currently under construction and slated for completion in December.
The project also will boast Giralda Place Residences, a collection of 33 luxury condominiums amidst nine floors, with prices starting at $900,000, and a total of 13,390 square feet of ground-floor retail. Together, it will deliver sophisticated living paired with urban lifestyle conveniences and premier commercial offerings.
Situated at the corner of Giralda Avenue and Ponce de Leon Boulevard, Giralda Place is set adjacent to an extensive streetscape renaissance by the City of Coral Gables that will transform the aesthetics and walkability of Miracle Mile and Giralda Avenue — some of the area’s most popular thoroughfares. The development also offers direct access to Miami International Airport and Miami’s Metrorail via the Coral Gables Trolley.
Giralda Place is slated for delivery in early 2018. For more information, visit www.giraldaplace.com or call 786-409-6500.
