YIMBY spotted a new rendering of another potential large scale mixed-use project for an undeveloped site in Miami Worldcenter, better recognized as MWC Block A in Park West, Downtown Miami. 2.2-acres of this city block is under the ownership of Miami-based developer and investment firm Abbhi Capital, led by founder and managing partner Sankesh Abbhi, which was assembled by the firm under the Sanaproperty8 LLC between 2020 and 2021 for a total of approximately $44 million. The developer is reportedly planning a mixed-use project with multi-family, office, retail and hotel components, currently in the pre-construction and entitlement phases. The property allows for up to 2 million square feet of development, which would be incorporated into the 27-acre Miami Worldcenter complex.
New construction permits have been filed for The Crosby Miami Worldcenter, a 33-story residential building slated for the 27-acre Miami Worldcenter 10-block mixed-use complex in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by Related Group and Merrimac Ventures under the DT G Block LLC, the 376-foot-tall will yield 450 fully finished and furnished condominium units spread across 387,355 square feet with interiors by AvroKO, as well as 3,370 square feet of general retail space. Beauchamp Construction Co., Inc. is the general contractor for the project, which is addressed as 601 North Miami Avenue.
YIMBY recently went to check out views of construction from above Miami Worldcenter (MWC), a 27-acre world-class mixed-use development under construction in the Park West district of Downtown Miami. The $4 billion development, led and master planned by Miami Worldcenter Associates, a joint venture between master developers Art Falcone, Nitin Motwani and CIM Group, spans 10-blocks and includes immense residential, hotel, office and retail spaces across multiple buildings. The development stretches as far as Northeast 2nd Avenue on the east, Northwest 1st Avenue on the west, Northeast 11th Street on the north and Northeast 6th Street on the south.
Royal Palm Companies (RPC) purchased the neighboring 7,500-square-foot parcel of land at 61 Northeast 9th Street beside Legacy Hotel & Residences (Legacy) at Miami Worldcenter to expand its 10-floor $100 million first-of-its-kind Blue Zones Medical and Wellbeing Center to be even more expansive than previously planned. The property was purchased by 61 NE 9TH STREET LLC, an entity linked to RPC, for $4,450,000 from SIN BIN INC Given the impressive demand for preventative medicine and wellness, Dan Kodsi and his team are catering to the demand through expanding the center by 60%. The original plans called for 100,000 square feet of space, and will now span 160,000 square feet.
A new rendering has surfaced of Legacy Hotel & Residences, a 51-story mixed-use building officially underway at 930 Northeast 1st Avenue within the 27-acre Miami Worldcenter. Designed by Kobi Karp Architecture & Interior Design Inc. with interiors by ID & Design International and developed by Royal Palm Companies, the near 1-million-square-foot structure is planned rise 690-feet and include 310 residences and 219 hotel rooms, 37,227 square feet of commercial space, 55,088 square feet of office space, over 140,000 square feet of wellness space, 482 parking spaces and 30 bicycle spaces. Moss & Associates LLC is listed as the general contractor.