Miami Worldcenter

Legacy Hotel & Residences. Designed by Kobi Karp.

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

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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Final Touches Underway For Moinian Group’s 43-Story Bezel At Miami Worldcenter

The final touches are underway at Bezel, a 43-story mixed-use building located within the 27-acre Miami Worldcenter Complex in Downtown Miami’s Park West district. Designed by Stantec and developed by New York City-based Moinian Group in collaboration with ZOM Living, the  493-foot-tall structure nears completion, addressed as 650 Northeast 2nd Avenue and yielding 434 residential units with ground floor commercial space. The project is scheduled to open to residents on December 15th as leasing efforts are well underway.

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Construction Continues On Miami Worldcenter’s ‘Jewelry Box’ Retail Building On Block F-East

Construction is continuing on what is often referred to as the Jewelry Box, a multi-level retail building located on Block F (East) of the 27-acre Miami Worldcenter development in Downtown Miami. The structure is designed by NBWW Architects for Miami Worldcenter Associates, a partnership between Art Falcone, Nitin Motwani and the CIM Group. The building will yield 135,208 square feet of new construction, including 78,264 square feet of retail across the first two floors, and a usable rooftop space.

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The Jewel Box (Block F West). Courtesy of Miami Worldcenter Associates.

Sephora, Lucid Motors, Bowlero Ink Leases At $4 Billion Miami Worldcenter Development

Miami Worldcenter, the 27-acre – $4 billion mixed-use development led by Art Falcone, Nitin Motwani and CIM Group, has signed on three new major retail tenants to lease up space. Multinational beauty retailer Sephora, electric vehicle manufacturer Lucid Motors, and bowling chain Bowlero will occupy a combined 60,000 square feet of space. Leasing is being led by the CIM Group and Miami-based The Comras Company, and are scheduled to open retail venues in 2022.

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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

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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