Philip Levine Plans $36M Office Development on Alton Road in Miami Beach

• Location: 930 and 960 Alton Road, near 10th Street and across from Whole Foods in South Beach, Miami Beach, Florida.
• $36 million development planned by former Miami Beach Mayor Philip Levine, featuring an eight-story, Class A office building with 37,037 square feet of office space.
• Arquitectonica-designed project would include 760 square feet of ground-floor retail, 106 parking spaces and specialized office-residential suites.
• The Miami Beach Planning Board is scheduled to review the proposal on December 8, 2026, with plans replacing existing office and retail buildings.

What Philip Levine Plans for Alton Road

Former Miami Beach Mayor Philip Levine has filed plans for a boutique office development at 930 and 960 Alton Road, adding another high-end commercial project to South Beach’s evolving real estate market. The proposed eight-story building would deliver 37,037 square feet of office space, with estimated construction costs of $36 million. The project would replace an existing office building and a neighboring retail property, repositioning the site for modern commercial use.

 

 

What the Arquitectonica Design Includes

The proposed Class A development, designed by Arquitectonica, combines office space with limited retail and a distinctive office-residential concept. Plans call for approximately 760 square feet of ground-floor retail and 106 parking spaces across the first three floors. The fourth and fifth floors would include “residential office” suites, each described in the proposal as combining 1,623 square feet of office space with 1,000 square feet of residential space. The configuration could appeal to businesses seeking a premium South Beach location with convenient parking and proximity to upscale residential neighborhoods. However, the project remains subject to planning review, and the final design and approvals may change.

What Miami Beach’s Office Market Signals

The proposal arrives as investors and developers pursue specialized office properties in affluent Miami neighborhoods. According to Colliers’ first-quarter 2026 report, Miami-Dade recorded 96,877 square feet of positive office absorption, while average Class A gross rents reached $70.01 per square foot. These figures point to demand for premium space, although countywide performance does not guarantee the success of an individual project. Other investments reinforce the interest in boutique office properties. Pebb Capital, led by Todd Rosenberg, acquired the Uno office building in South Beach in July 2026 in a transaction reported at more than $69 million. Meanwhile, The Fifth, developed by Sumaida + Khurana and Bizzi + Bilgili, adds another high-end office option to the Miami Beach market. For landlords and investors, the trend suggests that well-located, amenity-rich office buildings can attract capital even as broader office markets continue to adjust to changing workplace needs. Location, tenant demand and construction costs will remain critical to underwriting new projects.

What Happens Next for Levine’s Development

The Miami Beach Planning Board is scheduled to hear the application on December 8, 2026. That review will be an important milestone before the project can advance through the city’s approval process. Levine served as Miami Beach mayor from 2013 to 2017. The proposal also comes amid public scrutiny following reported allegations involving Levine and Jeffrey Epstein. Levine has not been charged with crimes relating to testimony cited in those reports. For commercial real estate investors, the immediate focus is the project’s planning review and whether South Beach’s demand for premium, neighborhood-based office space can support another new development.