Sweetbird North Broke Ground in Design District
The eight-story project secured a $125 million construction loan and signed high-profile office tenants.
Updated on Sept. 30, 2026 in Commercial
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Developer Craig Robins has officially broken ground on Sweetbird North, an eight-story office development located at 95 Northeast 40th Street in the Miami Design District. The project recently secured a $125 million construction loan from Crédit Agricole to move forward with the build.
Why it matters
The development signals a continued expansion of high-end office and commercial space in the Design District, with major tenants like Atria Health Research already committing to the site. The project represents a significant shift in the area's landscape as it prepares for an expected completion in 2028.
The project secured a $125 million construction loan to build out 92,000 square feet of office space and 22,500 square feet of ground-floor retail. Atria Health Research has already committed to a 55,000-square-foot lease at the development.
The players
Craig Robins
The developer leading the Sweetbird North project.
Atria Health Research
A health research firm that signed a 55,000-square-foot lease at the development.
26North Partners
An investment firm founded by Josh Harris that is relocating its office to the development.
Crédit Agricole
The lender that provided a $125 million construction loan for the project.
Raycliff Capital
An investment firm from New York that will occupy one floor at the development.
The details
Atria Health Research joins Raycliff Capital and 26North Partners as primary office tenants at the 120,000-square-foot development. 26North Partners will move its operations from its previous location at 404 Washington Avenue in Miami Beach to the new Design District hub. The site plans eventually grow to include a 25-story condo tower and a 12-story hotel alongside the current eight-story office phase.
Timeline
2022: Josh Harris founded 26North Partners.
August 2026: Sweetbird North secured a $125 million construction loan.
September 23, 2026: Sweetbird North broke ground.
2028: Construction completion expected.
Beyond the 305
This development follows the long-term trend of transforming the Design District from an industrial hub into a high-end commercial corridor. It repeats the pattern of attracting major national firms to move their offices from markets like New York and Miami Beach into the area.
Business owners and residents should anticipate increased construction activity near 95 Northeast 40th Street through 2028. Commuters in the Design District may experience localized traffic shifts as the site transforms from a ground-breaking zone into a high-density office complex.
The takeaway
The Design District is solidifying its role as a premier destination for corporate offices. Keep an eye on local zoning and permit filings as the project moves toward its projected 2028 completion date.
Further reading
For more on the changing landscape of local workspaces, read our latest Commercial reports.
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