Miami Springs Town Center is still undergoing construction in Miami-Dade County, Florida. The South Florida Business Journal reports that originally, developers intended to start vertical construction in early 2020. Then Covid-19 happened. Now that the project’s back on track (thanks to a $14.7 million construction loan), it’s nearing completion.
Sources report that upon completion, the mixed-use venture will comprise almost 120,000 square feet of new construction. The co-owner, LV Lending, reports that the venture will feature 51 rental units, measuring 975 square feet to 1,075 square feet each. There are two-bedroom and three-bedroom options.
Miami Springs Town Center will offer retail space and 51 rental units.
In June 2021, LV Lending reported that rent would likely start at around $1,850 a month. Rentcafé notes that for an 843-square-foot apartment in Miami Springs, one can expect to pay around $2,186 a month.
Miami Springs Town Center is more than apartments, however. It will offer 23,500 square feet of retail, as well as a 124-spot parking garage. The development will rest on a 1.1-acre plot and measure three stories above grade.
The venture offers groundfloor retail space.
LV Lending and Crossman & Company own the project. They acquired the build site for $4.65 million in 2018. Other involved parties in the venture include Cabrera Ramos Architects, Inc. (the architect) and Natalie West Contractors Incorporated (the sitework contractor).
Miami Springs Town Center’s address is 1 Curtiss Parkway, Miami Springs, Florida, 33166, in Miami-Dade County.
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