Miami Worldcenter

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.

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.

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