Miami Worldcenter

Naftali Group Granted Building Permits For Near 700-Foot-Tall Towers At Miami Worldcenter

8:00 am on January 17, 2023 By Oscar Nunez

New York-based developer Naftali Group (Naftali) has been granted several building permits for a twin-towered residential project at Miami Worldcenter with up to 1.3 million square feet of potential space. The Federal Aviation Administration (FAA) has determined the proposed structures would have no substantial adverse effect on the safe and efficient utilization of the navigable airspace by aircraft or on the operation of air navigation facilities, allowing them to rise 684 feet, or 691 feet above sea level. Naftali formed a joint venture partnership with Cara Real Estate Management and purchased the 44,500-square-foot site at 1016 Northeast 2nd Avenue in Downtown Miami’s Park West neighborhood last year for nearly $41 million. Zoning allows for buildings with a maximum floor count of 60 stories.

FAA Building Permits Filed For 700-Foot-Tall Structure At Miami Worldcenter Block A

8:00 am on December 8, 2022 By Oscar Nunez

Building permits have been submitted to the Federal Aviation Administration (FAA) for work at Miami Worldcenter Block A, where Miami-based private investment firm Abbhi Capital, led by founder and managing partner Sankesh Abbhi, is planning a large-scale mixed-use development with multi-family units, office, retail and hotel space. The FAA filing reveals the developer has applied to build a 692-foot-tall structure, or 700 feet above sea level, atop a 2.2-acre site fronting Northeast 1st Avenue between Northeast 10th and 11th Streets, approximately addressed as 100 Northeast 11th Street. Very few details on the project are known, but at the proposed height and factoring in the zoning regulations, a 55 to 60-story tower can be possible for the site with nearly 850 residential units and 1.2 million square feet of new construction.

Jewelry Box. Designed by ODP Architects.

Miami Worldcenter Delivers 80,000-Square-Foot ‘Jewel Box’ Retail Building in Downtown Miami

8:00 am on December 7, 2022 By Oscar Nunez

The developers of Miami Worldcenter have completed another 80,000 square feet of lifestyle-driven retail space. The stand-alone building, Block F-East, marks one of the final retail components of the 27-acre project to be delivered as active vertical development continues at the $4 billion mixed-use development in the heart of Downtown Miami. Featuring a modern design enclosed with floor-to-ceiling glass, Miami Worldcenter’s ‘Jewel Box’ is located at the confluence of the 7th Street Promenade and World Paseo open-air retail pedestrian streets, directly west of the development’s upcoming citizenM boutique hotel and north of the completed luxury apartment tower Bezel Miami.

Miami Worldcenter’s First Tenant, Ariete Hospitality Group’s Brasserie Laurel, Is Scheduled To Open On November 28

7:30 am on November 12, 2022 By Oscar Nunez

With a Michelin Star under his belt for his highly acclaimed restaurant Ariete, Chef Michael Beltran and his team at Ariete Hospitality Group (AHG) bring another stellar concept to Miami’s lineup of remarkable dining and drinking spots. Brasserie Laurel will deliver upscale French-inspired Miami cuisine to Miami Worldcenter in Downtown Miami. Set to open to the public on November 28, 2022, Brasserie Laurel will focus on local, seasonal ingredients and provide a wide array of table-side services for some of their signature dishes. The quality of food preparation and service will be at the levels of Ariete; it is no secret that the drive is to deliver world-class hospitality and maintain the highest standards.

Savage X Fenty, lululemon, Ray-Ban & Posman Books Coming to Miami Worldcenter in Downtown Miami

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

Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.

Lynd Living Applies For 698-Foot-Tall Building At Miami Worldcenter

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

Texas-based real estate developer Lynd Living has applied for building permits to construct a 698-foot-tall building at Miami Worldcenter. The Federal Aviation Administration received applications on September 8 for the 0.47-acre site at 941 North Miami Avenue, which the developer recently acquired for $30 million. The structure would top off at 709 feet above sea level when factoring in the site’s elevation and could yield up to 1.2 million square feet including 650 residential units.

Lynd Living Acquires One Of The Last Remaining Development Sites At Miami Worldcenter

8:00 am on September 1, 2022 By Oscar Nunez

One of the last remaining vacant development sites in the 27-acre Miami Worldcenter master-planned district, a 20,600-square-foot assemblage at the southeast corner of North Miami Avenue and Northeast 10th Street, traded hands for $30 million. The previous owner, IRR Parkwest Investments LLC – headed by Marc Roberts, sold the 0.47-acre site to 925 N Miami LLC, an affiliate of San Antonio, TX-based Lynd Living (Lynd). A $22.75 million land acquisition loan was arranged by Concord Summit Capital, LLC for the property, alternatively referred as Block 23, which occupies the northeast frontage of North Miami Avenue between Northeast 9th and 10th Streets

Abbhi Capital Releases First Concept Rendering Of A Planned Mixed-Use Project For Miami Worldcenter Block A

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

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.

Permits Filed For The Crosby Miami Worldcenter At 601 North Miami Avenue

8:00 am on August 5, 2022 By Oscar Nunez

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 Scopes Views From Above Miami Worldcenter In Downtown Miami

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

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.

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