Southeast Financial Center is a two-acre development in

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at ...

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and ...

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. It consists of a tall office

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ri ...

and its 15-story parking garage. It was previously known as the Southeast Financial Center (1984–1992), the First Union Financial Center (1992–2003) and the Wachovia Financial Center (2003–2011). In 2011, it retook its old name of Southeast Financial Center as

Wachovia Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total asset ...

merged with

Wells Fargo Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and intern ...

and moved to the nearby

Wells Fargo Center Wells Fargo Center may refer to: *Wells Fargo Center (Los Angeles), California *Wells Fargo Center (Sacramento), California * Wells Fargo Center (San Francisco), California * Wells Fargo Center for the Arts, Santa Rosa, California *Wells Fargo Cent ...

. When topped-off in August 1983, it was the tallest building south of

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and east of the

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, taking away the same title from the Westin Peachtree Plaza Hotel, in

Atlanta Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,7 ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

."Southeast Financial Center is Topped Off" Ocala Star-Banner - August 12, 1983 It remained the tallest building in the southeastern U.S. until 1987, when it was surpassed by

One Atlantic Center One Atlantic Center, also known as IBM Tower, is a skyscraper located in Midtown Atlanta, Georgia. It is the third tallest building in Atlanta. History It is the third-tallest in Atlanta, reaching a height of with 50 stories of office space wi ...

in Atlanta and the tallest in Florida until October 1, 2003, when it was surpassed by the Four Seasons Hotel and Tower, also in Miami. It remains the tallest office tower in Florida and the fourth tallest building in Miami.

Structure

Southeast Financial Center was constructed in three years with more than 500 construction workers. Approximately 6,650 tons of structural steel, 80,000 cubic yards of

concrete Concrete is a composite material composed of fine and coarse aggregate bonded together with a fluid cement (cement paste) that hardens (cures) over time. Concrete is the second-most-used substance in the world after water, and is the most wid ...

and 7000 cubic tons of reinforcing

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistan ...

bars went into its construction. The complex sits on a series of

reinforced concrete Reinforced concrete (RC), also called reinforced cement concrete (RCC) and ferroconcrete, is a composite material in which concrete's relatively low ultimate tensile strength, tensile strength and ductility are compensated for by the inclusion ...

grade beams tied to 150 concrete

caissons Caisson (French for "box") may refer to: * Caisson (Asian architecture), a spider web ceiling * Caisson (engineering), a sealed underwater structure * Caisson (lock gate), a gate for a dock or lock, constructed as a floating caisson * Caisson (p ...

as much as ten feet in diameter and to a depth of 80 feet. A steel space-frame canopy with glass skylights covers the outdoor plaza between the tower and low-rise building. The tower has a composite structure. The exterior columns and beams are concrete encased steel wide flanges surrounded by reinforcing bars. The composite exterior frame was formed using hydraulic steel forms, or "flying forms," jacked into place with a "kangaroo" crane, that was located in the core and manually clamped into place. Wide flange beams topped by a metal deck and concrete form the interior floor framing. The core is A braced steel frame, designed to laterally resist wind loads. The construction of one typical floor was completed every five days. The low-rise banking hall and parking building is a concrete-framed structure. Each floor consists of nearly an acre of continuously poured concrete. When the concrete had sufficiently hardened, compressed air was used to blow the forms fiberglass forms from under the completed floor. It was then rolled out to the exterior where it was raised by crane into position for the next floor. The building was recognized as Miami's first and only office building to be certified for the LEED Gold award in January 2010.

History

The center was developed by a partnership consisting of Gerald D. Hines Interests, Southeast Bank and

Corporate Property Investors Corporate Property Investors was a real estate investment trust that built several notable shopping centers, including Lenox Square in Atlanta, the Burlington Mall in Massachusetts, and Roosevelt Field Mall in New York. History CPI was founded in ...

for $180 million. It was originally built as the headquarters for Southeast Bank, which originally occupied 50 percent of the complex's space. It remained Southeast Bank's headquarters there until it was liquidated in 1991. The Southeast Financial Center comprises two buildings: the 55-story office tower and the 15-story parking annex. The tower has 53 stories of office space. The first floor is dedicated for retail, the second floor is the lobby and the 55th floor was home to the luxurious Miami City Club. The parking annex has 12 floors of parking space for 1,150 cars. The first floor is dedicated for retail, the second floor is a banking hall and the 15th floor has the Downtown Athletic Club. A landscaped plaza lies between the office tower and the parking annex. An enclosed walkway connects the second story of the tower with the second story of the annex. The courtyard is partially protected from the elements by a steel and glass space frame canopy spanning the plaza and attached to the tower and annex. The glass space frame canopy was removed between 2020 and 2021. Southeast Bank's executive offices were located on the 38th floor. Ground was broken on the complex on December 12, 1981 and the official dedication and opening for the complex was held on October 23, 1984. The Southeast Financial Center was designed by Edward Charles Bassett of

Skidmore, Owings and Merrill Skidmore, Owings & Merrill (SOM) is an American architectural, urban planning and engineering firm. It was founded in 1936 by Louis Skidmore and Nathaniel Owings in Chicago, Illinois. In 1939, they were joined by engineer John Merrill. The fir ...

. The Associate Architect was Spillis Candela & Partners. It has 1,145,311 ft² (106,000 m²) of office space. A typical floor has about 22,000 ft² (2,043.87 m²) of office space. Each floor has 9 ft x 9 ft (2.7 m x 2.7 m) floor to ceiling windows. (All of the building's windows are tinted except for the top floor, resulting in strikingly bright and clear views from there.) The total complex has over 2.2 million ft² (204,000 m²). The distinctive setbacks begin at the 43rd floor. Each typical floor plate has 9 corner offices and the top twelve floors have as many as 16. There are 43

elevator An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They ...

s in the office tower. An emergency control station provides computerized monitoring for the entire complex, and four generators for backup power. The Southeast Financial Center can be seen as far away as Ft. Lauderdale and halfway toward

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. Night space shuttle launches from Cape Canaveral 200 miles to the north were plainly visible from the higher floors. The roof of the building was featured in the

Wesley Snipes Wesley Trent Snipes (born July 31, 1962) is an American actor, film producer, and martial artist. His prominent film roles include '' Major League'' (1989), ''New Jack City'' (1991), '' White Men Can't Jump'' (1992), '' Passenger 57'' (1992), '' ...

motion picture '' Drop Zone,'' where an eccentric base jumper named Swoop parachutes down to the street from a suspended window cleaning trolley. The building also appeared in several episodes of the 1980s TV show ''

Miami Vice ''Miami Vice'' is an American crime drama television series created by Anthony Yerkovich and produced by Michael Mann (director), Michael Mann for NBC. The series stars Don Johnson as James "Sonny" Crockett and Philip Michael Thomas as Ricardo ...

'' and at the end of each episode's opening credits. Zara founder

Amancio Ortega Amancio Ortega Gaona (; born 28 March 1936) is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara and Bershka clothing and accessories shops. As of November 20 ...

purchased the building from

J.P. Morgan Asset Management JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the w ...

in December 2016. The purchase price was reportedly over $500 million, making it one of the largest real estate transactions in South Florida history.

Tenants

* Arnstein & Lehr * Bryan Cave *

Citadel LLC Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Kenneth C. Griffin, it has more than $50 billion in assets under management . The company ...

* Citadel Securities *

Cushman & Wakefield Cushman & Wakefield plc is a global commercial real estate services firm. The company's corporate headquarters is located in Chicago, Illinois. Cushman & Wakefield is among the world's largest commercial real estate services firms, with revenues ...

DLA Piper DLA Piper is a multinational law firm with offices in over 40 countries throughout the Americas, Asia Pacific, Europe, Africa, and the Middle East. In 2021, it had a total revenue of US$3.47 billion, an average profit per equity partner of U ...

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Ho ...

* K&L Gates *

Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment ba ...

Morgan, Lewis & Bockius Morgan, Lewis & Bockius LLP is an American multinational law firm with approximately 2,200 legal professionals in 31 offices across North America, Europe, Asia, and the Middle East. Mergers with other law firms stimulated global growth and led to ...

* Shutts & Bowen * Squire Patton Boggs *

Stroock & Stroock & Lavan Stroock & Stroock & Lavan LLP (known as Stroock) is an American law firm based in New York City, with offices also in Los Angeles, Miami, and Washington, DC. Stroock provides transactional and litigation guidance to multinational corporation ...

* White & Case

Gallery

Image:Wachovia tower closeup front.jpg, Closeup frontal view File:Wachovia Financial Center parking annex.JPG, 14 story parking annex File:Wachovia Financial Center from the south.jpg, Bottom of the building from the south with a

Metromover Metromover is a free mass transit automated people mover train system operated by Miami-Dade Transit in Miami, Florida, United States. Metromover serves the Downtown Miami, Brickell, Park West and Arts & Entertainment District neighborho ...

vehicle passing by Image:Wachovia_Financial_Center_flat.jpg, Angle showing bevelled side File:Unique roof architecture of the Wachovia Financial Center.jpg, Roof over the plaza between the tower and the parking garage File:Southeast Financial Center.jpg, As seen from the park in 2012 File:200 South Biscayne Blvd, Wachovia Financial Center sign.jpg, 200 Biscayne Boulevard sign located at the main entrance File:Southeast Financial Center northwest view.jpg, Northwest view

References

External links