CIM Group

Leasing Launches For Strata Wynwood At 21 Northeast 22nd Street In Miami’s Wynwood Arts District

8:00 am on May 19, 2022 By Oscar Nunez

Leasing has launched for Strata Wynwood, a recently completed 12-story mixed-use development at 21 Northeast 22nd Street in the heart of the Wynwood Arts District. Architecturally designed by Stantec with interiors envisioned by Mary Cook Associates for developers CIM Group and One Real Estate Investment, the property comprises 257 residential rental apartments, 61,503 square feet of Class A office space and 33,474 square feet of ground-floor retail. Leasing operations and property management are being led by Bozzuto, while Rockhill Management, L.L.C. (Rockhill), is serving as the management team for the commercial and retail components. The building began welcoming it’s first residents in March, with 50% of units already under leases.

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Miami Worldcenter Reaches Milestone With The Completion Of Block H

8:00 am on March 22, 2022 By Oscar Nunez

The 27-acre Miami Worldcenter mega project, has reached a new milestone in construction with the completion of Block H, adding to the residential, retail and parking components on the $4 billion mixed-use development reinvigorating the Park West neighborhood of Downtown Miami. Block H is comprised of 50,000 square feet of prime street-level and rooftop retail space, and a 922-space public parking garage fronting Northeast 7th Street, between Northeast 1st and 2nd Avenues. A portion of the structure’s rooftop is also home to a resort-style amenity deck serving Bezel Miami, a recently completed 43-story luxury rental tower developed next door by the Moinian Group in collaboration with ZOM Living. Miami Worldcenter was envisioned and master planned by Miami Worldcenter Associates, a joint venture led by Principal Art Falcone and Managing Partner Nitin Motwani in partnership with CIM Group.

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Permits Issued For Another 40-Story Tower At Miami Worldcenter In Park West, Downtown Miami

8:00 am on December 22, 2021 By Oscar Nunez

Construction permits have been issued for 697 North Miami Avenue, a 40-story mixed-use building planned to rise behind the 43-story Caoba tower at the 27-acre Miami Worldcenter development in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by the CIM Group, the structure would rise 413-feet as part of the second phase of Block G. Plans for the second tower include 473,330 square feet of new construction with up to 411 residential units and 4,103 square feet of retail space. There would be no need for additional parking as the building will share the garage already attached to Caoba. Kaufman Lynn Construction, Inc. is listed as the general contractor.

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