Luxury

Miami World Tower. Designed by NBWW Architects.

Utilities Deal Signed For Lalezarian Properties’ 53-Story Miami World Tower At Miami Worldcenter

A utilities deal was recently signed between Kevin Lalezarian, on behalf of Miami World Towers LLC, and Miami-Dade County, to connect the proposed 53-story Miami World Tower to the city’s water and sewage system. As per the agreement, the first phase of the development, which is designed by NBWW Architects, will include 565 residential units and a 3,000-square-foot full service restaurant venue. The skyscraper is planned to rise 579-feet within the greater 27-acre Miami Worldcenter development in the Park West neighborhood of Downtown Miami, and is addressed as 700 Northeast 1st Avenue. Lalezarian Properties of New York is the developer

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Miami Worldcenter Block-F West. Designed by NBWW Architects.

An In-Depth Look At Miami Worldcenter’s 280,000-Square-Foot Retail And Commercial Development

Miami Worldcenter Associates, led by Nitin Motwani, Art Falcone and the CIM Group, has 280,000 square feet of retail and commercial spaces in the works at Miami Worldcenter (MWC), a 27-acre, $4 billion mixed-use mega project in Downtown Miami’s Park West neighborhood. The managing partners have planned to develop a plethora of venues and outlets throughout multiple buildings in the 10-block complex, including some buildings solely dedicated to that purpose, with several other mixed-use buildings housing variously sized spaces. The retail spaces at MWC will be a mix of food and beverage/fast casual, specialty and service establishments, and the developers are hoping to lease as locally as possible, as opposed to strictly onboarding  large and recognized anchor tenants and national chains.

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201 4th Avenue South. Courtesy of Camden Property Trust.

18-Story Expansion Proposed For Camden Pier District Apartments In Downtown St. Petersburg

Texas-based Camden Property Trust is planning to redevelop a corner parcel of land adjacent to their Camden Pier District Apartments, previously known as AER Luxury Apartments, and expand the development with an 18-story residential tower at 201 4th Avenue South in the Waterfront Arts District in Downtown St. Petersburg. The developer recently purchased the 0.23-acre piece of property for $2.1 million, which is currently improved with a small medical office and a single family home. Both structures will be demolished to make way for the new tower which is planned to yield 95 additional apartments and rise approximately 200-feet. 

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