Royal Palm Companies

Legacy Hotel & Residences. Designed by Kobi Karp.

Royal Palm Companies Secures $340 Million In Construction Financing For Legacy Hotel & Residences

7:30 am on December 14, 2021 By Oscar Nunez

Dania Beach-based real estate developer Royal Palm Companies has landed a massive $340 million construction loan from New York City-based Silverstein Capital Partners for Legacy Hotel & Residences, a 51-story mixed-use building planned for 938 Northeast 1st Avenue within the 27-acre Miami Worldcenter master-planned development. The loan marks the third largest financing package executed in the state of Florida, and will allow for the vertical construction of the 690-foot-tall structure projected to yield nearly 1 million square feet. Renowned Miami architect Kobi Karp designed the modern Art-Deco inspired tower, and will feature interiors by ID & Design International.

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Legacy Hotel & Residences. Designed by Kobi Karp.

Full Site Plan, Diagrams And Additional Renderings Unveiled For Kobi Karp-Designed Legacy Hotel & Residences

8:00 am on September 11, 2021 By Oscar Nunez

Detailed site plans and diagrams have finally been unveiled for Miami Worldcenter’s (MWC) upcoming Legacy Hotel & Residences, a 51-story neo-futuristic mixed-use skyscraper underway at 938 Northeast 1st Avenue in Downtown Miami. Set to rise 681-feet within the Park West neighborhood, the highly anticipated tower is designed by Kobi Karp for Miami-based Royal Palm Companies as part of the 27-acre MWC mega-development. The city’s Urban Development Review Board has received an application for the project requesting approvals for the include site plans. Marissa Neufeld of Greenberg Traurig LLP is listed as the representative for the developer in the application.

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Legacy Hotel & Residences. Designed by Kobi Karp.

RPC Files Notice Of Commencement For 691-Foot-Tall Legacy Miami Worldcenter

8:00 am on August 19, 2021 By Oscar Nunez

Ground-breaking is imminent on the site of the 691-foot-tall Legacy Miami Worldcenter, a 50-story luxury mixed-use skyscraper set to rise at 930 Northwest 1st Avenue within the 27-acre Miami Worldcenter mega-development in the Parkwest neighborhood of Downtown Miami. Designed by Miami-based architect Kobi Karp and developed by Royal Palm Companies (RPC), the tower is expected to yield 310 condominium units, 220 hotel rooms and over 100,000 square feet of space dedicated to wellness. Moss & Associates is listed as the general contractor for the project. 

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Legacy Miami Worldcenter. Designed by Kobi Karp.

Legacy Miami Worldcenter Gets Height Increase Approval From The FAA

7:30 am on July 29, 2021 By Oscar Nunez

The Kobi Karp-designed Legacy Miami Worldcenter has recieved an increase in height as per a recent determination by the Federal Aviation Administration. The developer now has permission to build approximately 20-feet higher than the original approval, from 661-feet to 680-feet. When factoring in the elevation of the site, the total height above sea level increases from 671-feet to 691-feet. Addressed as 930 Northeast 1st Avenue, the tower will rise to become the second tallest structure at the mega development behind Paramount Miami Worldcenter. Royal Palm Companies is the developer of the project, where units are 100% sold out.

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