I.M. Pei’s glass pyramids at the Louvre are one of Paris’ top attractions. But Miamians don’t have to travel across the pond to see an I.M. Pei archtiectural masterpiece. Downtown Miami’s Miami Tower was designed by Pei in the mid-1980’s. Today, the building is best known for its spectacle of exterior lights, which change color to correspond with holidays, sporting events, and charitable causes. From the Miami Herald…
One of Miami’s most well known downtown high rises has received a new name and tenants: The Bank of America Tower at International Place has been renamed “Miami Tower.”
The 600,000 square-foot I.M Pei-designed building is known for its changing palette of exterior lighting schemes.
Its name change was announced by owner Robert Aldrich, president for Wealth Capital Investments.
“Miami Tower’s landmark status extends far beyond South Florida; it has been an international icon for more than two decades,” he said. “When people think of Miami, they instantly picture I.M. Pei’s iconic skyscraper lighting up the night sky. It’s only fitting that the building’s new name has universal appeal. Miami Tower truly is the face of Miami.”
The building’s former tenant, Bank of America, decided to consolidate its area office space in another South Florida building.
But the Tower has done 62,000 square-feet worth of lease transactions in the past year, including a five-year, 34,536 square-foot deal with UBS Financial Services.