Town Center One
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Town Center One is a high-rise building located in Dadeland, an urban area in unincorporated
Miami-Dade County Miami-Dade County is a county located in the southeastern part of the U.S. state of Florida. The county had a population of 2,701,767 as of the 2020 census, making it the most populous county in Florida and the seventh-most populous county in ...
, Florida. Constructed from 2007 to 2009, it contains class A commercial office space and was built near the end of the
United States housing bubble The 2000s United States housing bubble was a real-estate bubble affecting over half of the U.S. states. It was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reac ...
of the 2000s. The building reaches a height of about , making it one of the taller buildings in Dadeland. The building stands out for its dark green glass curtain wall
façade A façade () (also written facade) is generally the front part or exterior of a building. It is a Loanword, loan word from the French language, French (), which means 'frontage' or 'face'. In architecture, the façade of a building is often t ...
. This was the result of a design change; as the name implies, the building was intended to be the first of several buildings in a
mixed-use development Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some ...
. Due to poor market conditions and a regional overbuilding of office space, the building sat largely vacant until several years after completion. In 2011, the majority of units went into foreclosure when a construction loan could not be repaid, which led to the restructuring of the building's finances in 2012 by its anchor tenant, BMI Companies.


References

{{Miami skyscrapers Skyscraper office buildings in Miami Office buildings completed in 2009 2009 establishments in Florida