Miami Worldcenter

Blue Zones Medical And Wellbeing Center At Legacy Hotel & Residences Gets 60% Expansion Following Land Acquisition From RPC

8:00 am on June 3, 2022 By Oscar Nunez

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.

Updated Rendering Revealed For Legacy Hotel And Residences At Miami Worldcenter

8:00 am on May 15, 2022 By Oscar Nunez

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.

Miami Worldcenter Launches $5M Public Art Program in Downtown Miami

8:00 am on April 4, 2022 By Oscar Nunez

Miami Worldcenter, the 27-acre ‘city within a city’ transforming the heart of Downtown Miami, is teaming up with international art dealer and curator Jeffrey Deitch who will spearhead the overarching curatorial vision for the $4 billion mixed-use development’s public art program. Deitch will collaborate with Primary, a Miami-based curatorial collective with a focus on public works, to bring Miami Worldcenter’s aesthetic vision to life.

Naftali Group Closes On 1.3-Million-Square-Foot Miami Worldcenter Site With Plans to Build Two Supertall Residential Skyscrapers

8:00 am on March 29, 2022 By Oscar Nunez

New York-based developer, Naftali Group, a leading privately held global real estate development and investment firm, recently announced it has closed on a development site allowing 1.3 million square feet of new construction at 1016 Northeast Second Avenue in Miami Worldcenter, which spans 27 acres near Downtown Miami and is the second largest active private development in the United States with $4 billion in total investments. Naftali, in partnership with Cara Real Estate Management, purchased the site for $40.5 million. Mika Mattingly, Executive Managing Director at Colliers’ Urban Core Division, represented both Naftali, and Akara Partners, the seller, in the off-market transaction. According to a press release, the developer is planning to construct two supertall residential towers, which would be the first for Miami Worldcenter. Pre-sales for 1016 Northeast Second Avenue are slated for the end of this year.

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.

Additional Renderings Released For 31-Story The Crosby At Miami Worldcenter

8:00 am on February 10, 2022 By Oscar Nunez

Additional renderings have surfaced of the recently announced The Crosby, a 31-story residential tower planned to rise at 601 North Miami Avenue within the 27-acre Miami Worldcenter complex in the Park West neighborhood of Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed between the Related Group, one of South Florida’s most active condo developers, and Merrimac Ventures led by the Motwani Brothers, the development will include 450 fully-furnished units with interiors by New York City-based AvroKO, ranging between 350 square feet to 825 square feet. Units will come in studio, one-bedroom and two bedroom floor plans accompanied by over 22,000 square feet of amenities and 4,000 square feet of ground floor commercial space. Residences at The Crosby will have no rental restrictions, meaning owners will have the option to offer their units as short-term rentals.

Kinect Miami to Comprise Two High-Rise Towers At Miami Worldcenter In Downtown Miami

7:00 am on January 21, 2022 By Colt Dodd

Kinect Miami is just one part of the larger Miami Worldcenter, one of Miami-Dade County’s biggest mixed-use ventures. The project comprises two towers, one measuring 39 stories and the other 79 stories. In total, the venture will yield more than one million square feet of new construction.

Witkoff Group Initiates Pre-Application For 700 North Miami Avenue At Miami Worldcenter

8:00 am on January 13, 2022 By Oscar Nunez

A pre-application has been initiated for an administrative site plan review with the Miami-Dade County Department of Regulatory and Economic Resources for 700 North Miami Avenue, the site of the cancelled Marriot Marquis Miami Worldcenter and the former location of the Miami Arena (demolished in 2008). The application lists WG 700 North Miami LLC, an entity owned and managed by New York City-based Witkoff Group, as the owner of the application, and reveals Miami-based Kobi Karp Architects is leading the design for the project. Plans for the 4.7-acre site consists of three 57-story mixed-use buildings with up to 2,195 residential units, 540,000 square feet of office space, and 49,999 square feet of retail space. Witkoff, along with Chicago-based Monroe Capital, acquired the property for $94 million from MDM Group in July of last year.

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.

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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