Demolition Underway At Innovation District Site; Developer ‘100% Committed’ To Build

The developer of the proposed Miami Innovation District is preparing to demolish the former Greyhound Bus facility in Park West.

Innovate Development Group CEO Michael Simkins told TNM that work is now underway to remove an FPL Vault on the property, located at 1151 Northwest 1st Avenue.  The vault removal will take about two weeks, and all of the buildings on the site will be demolished once completed.

The developer paid $54 million for the Greyhound property in 2014.

Simkins said that the developer is 100% committed to bringing the Miami Innovation District to the 10 acres that his company owns in Park West.