Yeah, but I'm not sure where the 18,000 sf of retail is. If it's at pedway level, that's far from ideal.
Magellan keeps the site plan on their website fairly up-to-date. Looking at it, you can clearly make out the footprint of this new BKL tower, and just west of it is another footprint that is unmistakeably the Arquitectonica design.
You're correct that the recession probably cut into their business, but IIRC they've continued to get work, and they just built a new building in The Grove. Great article
about that, including an unsavory client named "Mr. Blow". You know, Miami in the 80s...
I recently applied for a job with them, so they're not dead yet.