Developers EDEN Multifamily and The Dermot Company have unveiled plans for a residential rental tower in downtown Miami’s Park West District 11. This 46-story, 430-unit high-rise, designed by the renowned Kobi Karp Architects, will be the first collaboration between Miami-based EDEN and New York-based Dermot. Miami’s Urban Development Review Board is expected to review plans on April 19, 2023, and the project is scheduled to break ground in 2024.
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.
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.
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.
The Related Group, one of South Florida’s most active condo developers, and Merrimac Ventures, led by the Motwani Brothers, have teamed up for the development of The Crosby, a 31-story residential tower announced to rise at 601 North Miami Avenue within the 27-acre Miami Worldcenter complex. The project is comprised of 450 fully furnished units ranging between 350 square feet to 825 square feet, configured in studio, one-bedroom and two bedroom floor plans; over 22,000 square feet of amenities and 4,000 square feet of ground floor commercial space. Residences at The Crosby will have no rental restrictions, meaning owners will have the option to offer their units as short-term rentals. Miami Lakes-based Cohen Freedman Encinosa & Associates, the architect behind the 43-story Caoba tower, is leading the design with New York City-based AvroKO named as the interior designer.