CI Financial to Launch U.S. Headquarters at Miami’s 830 Brickell Office Tower
The company will lease approximately 20,000 square feet at the property
Although 830 Brickell is not slated to open until next year, it continues to attract high-end businesses. CI Financial Corp., a leading Canadian asset and wealth management firm, has become the latest company to announce plans to lease office space in the Class A+ office tower.
“Miami is an incredible place to establish our U.S. headquarters and support our fast-growing U.S. business,” says Kurt MacAlpine, Chief Executive Officer of CI Financial. “It serves as the next logical step for our expansion plans as we work to build the leading wealth management platform in the country. In addition, Miami is a vibrant, multicultural city that offers a deep talent pool, an attractive location for recruiting and a very business-friendly environment. Locating at 830 Brickell puts CI at the heart of this dynamic city and its growing financial community.”
Currently under construction, 830 Brickell is a 55-floor, 640,000 square foot tower slated to open in 2022. The project is a joint venture between developers OKO Group and Cain International. It was designed by architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati. Amenities featured in the building include a top-notch health and wellness center with panoramic views, a first-class restaurant and open-air rooftop lounge, a private conference facility for tenants, and 24-hour concierge service.
CI Financial is the second significant financial tenant to lease space at 830 Brickell, with private equity firm Thoma Bravo planning to occupy 36,500 square feet of office space in the tower. Software technology giant Microsoft also announced plans to occupy 50,000 square feet in the building.
“We are thrilled by CI Financial’s decision to make 830 Brickell the home of its U.S. headquarters,” says Jonathan Goldstein, CEO of Cain International. “This move demonstrates the firm’s commitment to Miami and underscores the city’s rise as a hub for global and domestic businesses. Attracting a group like CI Financial is precisely what we envisioned when we decided to develop this best-in-class office tower in the Brickell Financial District.”
Officials from the Miami Downtown Development Authority (DDA), which has been at the forefront of bringing tech firms to Miami, anticipate Microsoft’s move to the area will further enhance the downtown location as a significant player in the financial industry.
“The steady flow of financial firms into Downtown Miami is strengthening our position as Wall Street of the South, creating job opportunities for locals, bringing new life to our city streets, and supporting existing businesses in our community,” says Miami DDA Chairman and City Commissioner Manolo Reyes. “The arrival of CI Financial reflects the Miami DDA’s ongoing pursuit of finance and technology firms across the U.S. and abroad. Each day, companies from New York, Chicago, Connecticut, California and around the world are moving or expanding to Miami and growing their businesses, hiring talent, and offering their employees an improved lifestyle along with cost savings.”