Real Estate

Miami Beach Office Asking Top Rents Lures Posh NYC Restaurant

  • Sant Ambroeus to open a spot at the Fifth Miami Beach project
  • Wall Street firms are bringing infusion of wealth to the area
A rendering of the Fifth Miami BeachSource: TECMA
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A new Miami Beach office building seeking some of the area’s priciest rents has lured a posh New York restaurant brand to serve a growing financial-industry clientele.

Sant Ambroeus is leasing space for a full-service restaurant at the Fifth Miami Beach, a five-story property under construction and scheduled for completion next year. Sant Ambroeus, founded in Milan, has multiple locations in Manhattan and the Hamptons and opened its first South Florida outpost in Palm Beach in 2017.