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.
The Federal Aviation Administration has granted approvals for the installation and use of four tower construction cranes at 601 Northeast 1st Avenue, the address for the upcoming NATIIVO, a 51-story, 588-foot-tall mixed-use skyscraper set to rise on the northeast corner of NE 1st Avenue and NE 6th Street in Downtown Miami. The tower is designed by Arquitectonica with interiors being handled by Urban Robot Associates, and developed by Sixth Street Miami Partners LLC which is owned by the Galbut Family. The tower is expected to yield 932,839 square feet of space and intends to service the home-sharing and short-term-rental industry.
Just recently, YIMBY took the opportunity to take a tour of the newly opened experiential sales gallery for the upcoming Waldorf Astoria Hotel and Residences Miami, a 1,049-foot-tall mixed-use supertall skyscraper planned to rise at 300 Biscayne Boulevard. Developed between Property Markets Group and Greybrook Realty Partners, and designed by Carlos Ott with Sieger Suarez Architects as the architect of record…
Eleven55 NoMi is the working name of a new housing development located in North Miami. Per the South Florida Business Journal, the complex will be built on 4.1 acres of land and is intended to provide housing to “mixed-income” families.
Aria Development Group has unveiled plans and renderings for their upcoming 40-story tower officially named 501 First Residences in Downtown Miami. Designed by renown architect Revuelta Architecture International with interiors by Shim Projects, the development is located at 501 Northeast 1st Avenue, at the south-western corner of the interior lot with frontage along NE. 1st Ave. facing west, and NE. 5th St. facing south. The tower is expected to yield 448 fully furnished luxury residential units.