Sabal Palm Village at Flagler Trail is a proposed development in Miami, Florida. The $120 million complex could span 5.9 million square feet. The Real Deal reports that, of that square footage, there will be 168,011 square feet of office space, 296,297 square feet of retail, and a 43,760-square-foot community/vocational college.
Plans also call for 2,929 multifamily homes. Of those apartments, 512 are set aside as workhouse housing. Residents who reside at Design Place (the 512-unit community that Sabal Palm Village will replace) will get first priority. The workforce housing aspect was added after the project stalled for three years.
The 25.97-acre property comprises at least 20 buildings, with some measuring five stories above grade. Cash Flow in Miami Realty reports that the venture’s been in the works for years, and it’s met controversy from those in the area. Sources report that construction could start in March 2023. As of September 1, 2022, the project was seeking rezoning variances from city commissioners.
SPV Realty owns the venture. Kobi Karp Architect & Interior Design is the architect. It designed the community to increase bicyclist and pedestrian activity. The design also incorporates the nearby Caribbean community’s influence.
Sabal Palm Village at Flagler Trail’s address is 5175 Northeast 2nd Avenue, Miami, Florida, 33137, in Miami-Dade County.