A second residential tower is in the works at Miami Worldcenter.
The 45-story tower is simply called ‘Tower 1’ in plans recently submitted to Miami’s Planning Department. It will be located at the south entrance to The Mall at Miami Worldcenter, at NE 7th Street and NE 2nd Avenue.
At just under the 500-foot mark, Tower 1 will include 427 units and 209 parking spaces. There will be 12 units on each typical floor, with a total of 601,479 gross square feet.
It isn’t clear who will develop the tower, although Newgard Development’s Harvey Hernandez has said that he plans to build a residential project at Worldcenter.
Paramount at Miami Worldcenter is also included in Worldcenter’s first phase, which is set for review by Miami’s UDRB next week. Paramount will include 493-units in a 58-floor, 706-foot tower.
Construction on the first phase (which is separate from MDM’s Marrriott Miami World Expo Center) is planned to begin in the first quarter of 2015.