Construction Underway On First Phase Of Centrocity, Will Have Up To 1,200 New Apartments

Terra Group has commenced construction and obtained $230M in construction financing for the first phase of their CentroCity project in Miami, according to multiple reports.

CentroCity is proposed to include:

  • 1,200 apartments
  • 250,000 square foot Class A commercial office building
  • Revamp of a shopping center with 300,000 square feet of lifestyle-oriented retail
  • 3,145 parking spaces

CentroCity will be built by redeveloping the Central Shopping Plaza across from the Magic City Casino.

The first phase now under construction will include 470 apartments, and renovation and new construction of retail space.

Target has signed a lease for a 77,000-square-foot store in the complex.

Arquitectonica is the architect of the apartment area, with RSP Architects overseeing the shopping center upgrade.

 

 

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Anonymous
1 month ago

I like the project but feel the vast parking lot is a missed opportunity. Build more commercial real estate and housing on them with parking garages.

Melo is sigma and chad
1 month ago

My thoughts exactly, they could increase the number of apartments by making a garage instead of keeping that massive surface lot.

Zonked
1 month ago

Agreed. What a wasted opportunity and complete eye-sore.

Anonymous
1 month ago

Yup, they could easily fit 4-5 thousand units in that space but 3/4ths of this will just be for pArkInG, even though Magic City Casino has a city sized parking lot that is 99% empty 99% of the time. A smart developer would have just leased parking spaces from the already existing parking lot

Shamus
1 month ago

The developer was quoted as saying, “I am a avid reader of the comments in The Next Miami. As such, no way am I building a parking pedestal. Oh…and….the sidewalks have to be 50ft wide because a lot of those guys find it “impossible” to walk in Brickell”.

Anonymous
1 month ago

well, truth is that its a pain in the rump to walk on those 4′-0″ sidewalks with the baby carriages, the dog leases, the scooters, the motorized electric xyz…… wider sidewallks and a tree canopy makes for a luxe area. no one really looks at the “style of the architecture”….. coral gables spanish, grove contemporary, wynwood graffitti, brickell urban…. love the comment on wider sidewalks, tho.

Melo is sigma and chad
1 month ago

My brother in Christ, just build a parking garage for you could put more apartments instead of keeping a massive surface lot.

Melo, a true giga chad
1 month ago

That’s not theirs. The apartments are just the old strip of pavement behind the shopping center where tractor trailers used to park.

Mmmm
1 month ago

It’s 2022 and they’re still building surface lots, wow.

Anon
1 month ago

It’s not a new construction… Theyre just tearing up some lots in the back of the old strip mall to build new apartments…

Phoenix Suburb
1 month ago

*ParkingLotCity

Anonymous
1 month ago

Do people not realize that theyre reducing surface parking lot car spaces in this development. The original surface parking lot strip mall had a huge surface parking lot. Now they’re redeveloping the back lots and replacing them for apartments, also reducing spaces in the original surface lot for more trees and another commerical space.

While I do think they shouldve redeveloped the strip mall, I believe this is a step up from the past mall.

Anonymous
1 month ago

Its a baby step, we need adult steps

anon
1 month ago

The retail entrances facing the parking lot instead of the housing is a huge miss.

Anonymous
1 month ago

Almost half of the land is intended for parking on only one level, that of the ground. It’s a lot of wasted area.

Anonymous
1 month ago

More like CentroSuburb, but it’s still way better than what’s there.

Anon
1 month ago

Poor poor urban design. Should have teamed with DPZ, Dover Kohl, or someone who knows what they’re doing

Anonymous
1 month ago

Right, because DPZ sure knew what they were doing with Miami21 when every developer wants a slew of waivers and the resulting building looks worse than old code.

Anonymous
1 month ago

They should at least put liner buildings along the surface lot so it’s not an absolute nightmare to be a pedestrian along that street

Azure
1 month ago

It’s funny that there’s more parking than actual buildings. What’s the priority here?

Adrian Diaz
1 month ago

I think this is awesome. City of Miami just keeps attracting developers.

Anonymous
1 month ago

The developer is from Miami…

Antennae
1 month ago

Terra is not a new developer either.

anonymous
1 month ago

Another car centric development. Over 3,000 parking spots? GTFO!

Shamus
1 month ago

What a horrible phrase, “car centric”.
The dopey professor who came up with that should take it back. No real estate is built “for the car”, it is built for people who have the freedom of choice to decide whether want/need a car.

lol
1 month ago

How do you live in suburbs without owning a car?

Zonked
1 month ago

Wth? It’s just a strip mall with apartments a block behind it. How is this in anyway “innovative”.

anonymous
1 month ago

Sucks that so much space is being used for a parking lot but hopefully this area gets a lot of demand and down the road more development can be done by building above the parking lot.

Shawn Kouri
1 month ago

What about all of the other phases? When are they supposed to be done?

XChihuahua
1 month ago

Looks great! We need this.

Anonymous
1 month ago

that area on douglas road from bird road to freedom park , has great potential

Anonymous
1 month ago

Very curious to know the rental prices

Fern
1 month ago

Looks good, but I’m gonna pronounce the name the same way as Atrocity. Like Megamind

Anonymous
1 month ago

Extend Metrorail down NW 37th Avenue from Miami Airport to Douglas Road Station, and this could become real TOD with less parking.

Anonymous
1 month ago

Great location. Within walking distance of BK, McD, Wendy’s, KFC, Pollo Tropical, 2 fish markets, and multiple other stores. Publix only 8 blocks away. Hopefully the rents are commensurate with the average Miami salary.

AbyNormal
1 month ago

The Parking is clearly being talked about…but it’s a “place holder” for future development…in a prime location. Terra will likely wait for Magic City to be re-developed before touching the vast expanse of concrete/asphalt.

Anonymous but Famous
1 month ago

This had been, back in 1964, the first nail in the coffin for Downtown Miami. But in the present context I’m very excited. For a long time I’ve held the belief that many of these shopping centers will ultimately act as land banks for future development, and so it is in this case and so will be the future of the surviving parking lot. (By the way, in order to further grease the slide toward development, I favor classifying all parking lot trees as “experimental” to unplug that blockage.) Anyway, funny no mention of the out parcels littering the whole complex.

Disgusted
1 month ago

It’s funny how people only see the waste of real estate not being developed on the parking lot but fail to see the added traffic, population overload and most probably crime that this development will bring to the area. I have a cousin of mine that lives in the Milton on Fontainebleau Boulevard. The only thing you see there is Riff Raff and trash. The Milton is a huge development with a big amount of apartment buildings. That’s most probably the same thing that’s going to move into this place. I do hope I’m wrong but if I’m not at least I was the first one to post the truth.

Anonymous
1 month ago

This! is where Arquitectonica should focus…. West Miami- Dade. Keep them away from the bayside!
Just wish they would go away.