Architect Kobi Karp relocating his office from Edgewater to Wynwood
After 15 years at the same location, a famed architectural firm is saying goodbye to its office in Edgewater and hello to Wynwood.
Kobi Karp Architecture & Interior Design Inc. is the latest firm to plan its relocation to the up-and-coming neighborhood. Kobi Karp, the firm’s founder and principal, said Wednesday that he plans to relocate his team from 2915 Biscayne Blvd., Suite 200, to the recently purchased Miami Ad School building.
His team will move to 571 NW 28th St. within the next six months, Karp said.
“I am the end user for the Wynwood Miami Ad School location,” Karp said at the Florida CCIM Chapter of Miami-Dade/Monroe District “2020 Commercial Real Estate Outlook” session.
The variety of Wynwood end users, including schools and a growing office market, attracted the firm to the neighborhood, Karp said.
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“There are various end users in that neighborhood that embellish it,” Karp said.
Karp bought over 27,000 square feet of contiguous land that comprises the Miami Ad School building at 571 NW 28th St, 565 NW 28th St., 588 NW 29th St., and 570 NW 29th St. for $6.7 million this month, according to the Real Deal.
The office market in Wynwood continues to expand and attract new tenants. Most recently, developer Moishe Mana announced plans to break ground on his first of several projects for the neighborhood in the fall — a three-story office building. And in the past few months, prominent firms, including Casa Tua, bought office space in the area.
Karp established his firm in 1995. His team has designed several residential towers decorating the Miami skyline. His latest project is Palazzo Del Sol and Palazzo Della Luna on Fisher Island.
Karp bought the firm’s current office space, constructed in 1965, in 2005 for $9.3 million, according to property records. He paid about $214 per square foot for the three-story, 43,450-square-foot commercial building. He filled the ground floor with several tenants, including Starbucks.
The architect sold the building for $6 million, or about $138 per square foot, in 2014 and remained a tenant in the building.
This story was originally published January 16, 2020 at 7:00 AM.
