250-Unit Falls At Grand Central Planned Near MiamiCentral

A 21-story, 250-unit project called The Falls at Grand Central is planned for Overtown’s Block 46.

The Southeast Overtown/Park West Community Redevelopment Agency had previously agreed to a deal with a development group for the property, and is scheduled to meet next week on giving the developer an extension to break ground.

In a letter, the developer wrote that they were applying for HUD financing for construction.

If the CRA approves, the developer will have until June 1, 2018 to begin construction.

 

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bitg
3 years ago

Looks good. Build build build. The more buildings like this in/near the urban core, the better. Makes the case stronger to provide a streetcar/light rail and/or expand metromover.

Anonymous
3 years ago

Offices please!!!!! We’re probably the downtown with the highest ratio of condos/office in the word. I have nothing against condos, but we need more office. If we fill everything with condos, when companies start coming here (they already are), we will be forced to build in the suburbs for them.

Anonymous
3 years ago

I agree, assuming the market exists for more highrise office buildings. Also why not distribute them more – Midtown, Edgewater, Arsht Center area, Parkwest?

Anonymous
3 years ago

I agree. All that area should become a big down town filled with office towers and also some condos for density and lifestyle. However, if we fill everything with condos, we will create a big down town population with no work close to them. Even worse, the remaining land will be so expensive that building new office towers will become even more difficult. This is a big issue IMO. Encouraging more offices tower now (even if demand is not there yet) is investing in our city for the future and make it really world class. If we keep building condos, we will remain an industry-less city. The only good paying jobs right now are int’l finance and healthcare… we need way more.

Anonymous
3 years ago

Projects like this allows more people that cant affords these expensive ass condos an opportunity to live closer to downtown. This will add density and more people walking rather than driving, not sure why developers don’t understand this or the city of Miami. There should be special programs for developers willing to build affordable apartments it will be profitable for them in the long run. Just because we see a new condo going up doesn’t mean it’s a good thing because for one we will never be allow inside unless you own a unit and the rich people who do own a unit is never this or never walks. So you end up with just a new condo that sits there with nobody in it but I guess for us we just like to see another lot filled. When you look at other cities so many people live in the core because that’s where they work an they use transit. We don’t have many office buildings which means jobs or affordable housing for whatever jobs we do have so we left with everybody spaces out.

Anonymous
3 years ago

Honestly this is a nice proposal for subsidized housing, nice density and will get more people in the core.

Anonymous
3 years ago

It looks better than even many high-end developments. Build, baby, build!

marc
3 years ago

Excellent. Will this be next to Poinciana Village or will they be raising it and building this in its place?

Anonymous
3 years ago

This will answer any question ……

https://shar.es/1Bvsed

Demand remains robust for rental housing in Miami and the rest of South Florida, among residents and real estate investors alike. But despite the area’s population and employment growth, some market watchers say South Florida’s extended, postrecession rise in monthly rents could slow or stop if over

Wang
3 years ago

A report just came out that said Miami-Dade county experienced net migration OUT of the area. How can this be?

aceraroja
3 years ago

Fine. Looks like a lot of parking still, just from the podium size. The tradition of lazy, meaningless project naming continues proudly. What could “The Falls” possibly mean for a project like this?

Anonymous
3 years ago

Not bad at all. Hopefully “the falls” doesn’t mean gunshot victims.

Anonymous
3 years ago

Nah…it’s not a school in white suburbia.