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 East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...
,
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 to ...
,
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. 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-ris ...
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 asse ...
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 Cen ...
.
When topped-off in August 1983, it was the tallest building south of
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
and east of the
Mississippi River
The Mississippi River is the second-longest river and chief river of the second-largest drainage system in North America, second only to the Hudson Bay drainage system. From its traditional source of Lake Itasca in northern Minnesota, it f ...
, taking away the same title from the
Westin Peachtree Plaza Hotel
The Westin Peachtree Plaza, Atlanta, is a skyscraper hotel on Peachtree Street in downtown Atlanta, Georgia, adjacent to the Peachtree Center complex and the former Davison's/Macy's flagship store with 1,073 rooms. At and 73 stories, a total ...
, 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 498,715 ...
,
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 wi ...
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-resistant ty ...
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 tensile strength and ductility are compensated for by the inclusion of reinforcement having hig ...
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 (pe ...
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 A. Owings, Nathaniel Owings in Chicago, Illinois. In 1939, they were joined by engineer Jo ...
. 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 wire rope, cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or deck (building), decks of a building, watercraft, ...
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
Fort Lauderdale () is a coastal city located in the U.S. state of Florida, north of Miami along the Atlantic Ocean. It is the county seat of and largest city in Broward County with a population of 182,760 at the 2020 census, making it the tenth ...
and halfway toward
Bimini
Bimini is the westernmost district of the Bahamas and comprises a chain of islands located about due east of Miami. Bimini is the closest point in the Bahamas to the mainland United States and approximately west-northwest of Nassau. The populat ...
. 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 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 202 ...
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 Securities
*
Cushman & Wakefield
*
DLA Piper
*
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, H ...
*
K&L Gates
K&L Gates LLP is an American multinational corporation law firm based in the United States, with international offices in Asia, Australia, Europe, the Middle East, and South America. Its namesake firms are Kirkpatrick & Lockhart, a Pittsburgh-ba ...
*
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 bank ...
*
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
Shutts & Bowen LLP is an Am Law 200 Florida-based law firm with 270 attorneys in seven offices in the State of Florida. Shutts & Bowen was founded in 1910. Frank B. Shutts came to Miami in 1909 and became the legal representative of Henry M. Flag ...
*
Squire Patton Boggs
Squire Patton Boggs is an international law firm with 42 offices in 20 countries. It was formed in 2014 by the merger of multinational law firm Squire Sanders with Washington, D.C. based Patton Boggs. It is one of the 30 largest law firms in the ...
*
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 corporations, ...
*
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 ...
*
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 neighborhoods. M ...
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
See also
*
List of tallest buildings in Miami
The U.S. city of Miami, Florida has the country's third-tallest skyline (after New York City and Chicago) with 439 high-rises, over 100 of which stand taller than and 65 which are taller than . The tallest building in the city is the 85 ...
*
Downtown Miami
Downtown Miami is the urban city center of Miami, Florida. The city's greater downtown region consists of the Central Business District, Brickell, the Historic District, Government Center, the Arts & Entertainment District, and Park West. It ...
*
List of tallest buildings in Florida
This list of tallest buildings in Florida ranks the tallest buildings ( or higher) in the United States, U.S. state of Florida by height. The tallest building in the state is the 85-Storey, story Panorama Tower, which rises in the Miami, City ...
*
List of tallest buildings in the United States
References
External links
Southeast Financial websiteat Hines Interests Limited Partnership
{{Miami skyscrapers
Office buildings completed in 1984
Skyscraper office buildings in Miami
Bank buildings in Florida
Skidmore, Owings & Merrill buildings
1984 establishments in Florida