TotalBank will relocate its headquarters to the iconic Miami Tower and rename it TotalBank Tower. The bank is a $2.47 billion-asset subsidiary of Spanish banking giant Banco Popular Espanol SA with current headquarters located at 2720 Coral Way.
In May TotalBank plans to move into 60,000 square-feet of Miami Tower’s 503,000 square-feet of office space including the 13th, 14th and 32nd floors, as well as a first-floor branch.
The 47-story office building located in central Downtown is currently the 8th tallest building in Miami and Florida. It was originally built for CenTrust Savings & Loan in 1987 and is known for its elaborate night-time illuminations and its dramatic three glass tiers, once prominently featured in the television series Miami Vice. Designed the by Pei Cobb Freed & Partners architectural firm, the tower is built upon the air rights of a 10-story city-owned parking garage.
The property features the world’s only elevated metro station in a skyscraper (Knight Center station) and an ornate 11th floor skylobby. It has previously been known as CenTrust Tower, Nations Bank Tower and Bank of America Tower.
“In addition to gaining an outstanding skyline and plaza signage, our move to the Tower will provide the opportunity to work together to continue to grow our customer service model,” TotalBank Chairman Jorge Rossell stated in a press release.
Matthew Goodman, Managing Principal for Cresa South Florida, represented TotalBank in the transaction. Miami Tower was represented by Transwestern Senior VP Eric Groffman.
Photo credit: Wikipedia user Averett