Helm Equities has unveiled plans for The Helm, a $500 million mixed-use tower slated to rise in Miami’s Design District. The announcement marks a significant evolution from an earlier proposal in 2022, which envisioned a much smaller office building for the same property. The new project will include residential units alongside commercial and retail spaces, transforming the site into a high-density, transit-oriented development by leveraging the opportunities provided by Florida’s Live Local Act.
The Helm is planned to rise 36 stories and include 162 branded residences alongside 116 income-restricted apartments under the Live Local Act. The residential component reflects the shift in Miami’s urban development strategy, which now emphasizes the inclusion of workforce housing within luxury projects to address the city’s growing affordability challenges. In addition to its residential offerings, the building will include approximately 83,338 square feet of office space and 48,111 square feet of retail and dining options, creating a vertical community designed to serve residents and visitors. The development will also feature 620 parking spaces onsite to accommodate the project’s mixed uses.
Credit: Cube3.
The building’s design, led by Cube3, will emphasize sustainability and walkability, aligning with broader trends in urban planning. The tower’s massing is oriented toward the adjacent Brightline tracks and the planned Northeast Corridor train station, underscoring its transit-oriented design. The station’s proximity aims to reduce reliance on car traffic, consistent with Miami’s growing emphasis on integrating public transportation into its urban core.
Helm Equities’ latest proposal highlights the transformative impact of Florida’s Live Local Act, which has allowed developers to increase density and add income-restricted housing in high-demand neighborhoods like the Design District. Including these affordable units represents a growing effort to balance Miami’s reputation for luxury development with the needs of its local workforce. The Helm is poised to contribute to the area’s ongoing evolution as a central hub for culture, business, and residential living by integrating a mix of housing types, office spaces, retail, and transit connectivity.
While plans for the project are still in their early stages, The Helm signals a notable shift in Miami’s development landscape. It highlights a growing focus on combining luxury and accessibility in a way that aligns with the city’s economic and demographic realities. The project is expected to create a significant addition to the Design District, already known for its cultural vibrancy and architectural significance. Further details regarding construction timelines or completion dates have yet to be announced.
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