Developers Buy 600 Miami Worldcenter Land, Say Pre-Sales Are Strong

Developers have completed the acquisition of the 600 Miami Worldcenter site and say demand for condo units is strong.

600 Miami Worldcenter will include 600+ residential units allowing for short term rentals.

Aria Development Group and Nitin Motwani and Dev Motwani’s Merrimac Ventures paid $17.5M for 24,000 square-foot development site known as The Miami Link, located at 33-55 NW 6th Street. Their total assemblage size is now 34,800 square feet.

Merrimac is also co-developing a 450-unit tower on the same block called The Crosby, which is now in permitting.

Aria is building the 448-unit 501 First tower nearby, also a similar concept.

The International Longshoremen’s Association was the seller of The Miami Link property.

“Pre-sales for 600 Miami World Center are already off to a strong start,” said David Arditi, Co-Founder of Aria Development Group and Head of Aria Miami.

Colliers Executive Managing Director Mika Mattingly, Executive Director Jack Lowell, and Senior Associate Cecilia Estevez represented the buyer and the seller in the transaction.

The new 600 Miami Worldcenter tower is planned to rise 32 stories.

Revuelta is the architect.

 

 

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Anon
2 months ago

I wish we had another rendering – this shows very little

Anonymous
2 months ago

I agree…

Anonymous
2 months ago

Because there is nothing to see!!! Sad!!

Melo is sigma and Chad
2 months ago

Now AT&T needs to sell, for 5th st could be a canyon of highrises

Anonymous
2 months ago

that 501 first is a beauty…i see crane installed on the lot so movement forward…this project is nice but i hope its not painted grey…that never looks good after about 6 months….

Anon
2 months ago

From the looks of the rendering it will be grey painted stucco so….

Anonymous
2 months ago

Love grey, no other color works so well. White gets dirty fast, and beige is more appropriate for low/mid rises like in Coral Gables. They can break up the gray with glass and natural materials.

Anon
2 months ago

I agree – grey stucco looks the best when paired with glass. Black fades really fast – the black stucco on Parkline and Coaba already looks like garbage.

Anonymous
2 months ago

I wish it were taller but it’s a great addition for density. Bravo.

MINDSET
2 months ago

32 stories is not bad.. considering its replacing a no more than two story building that’s been there for decades.

Anonymous
2 months ago

32 stories is super tall for this city. Hope they keep developing these and lower buildings.

Original
2 months ago

“lower buildings?”

I think these developers will build whatever they can to maximize their profits.

Anonymous
2 months ago

Not if they can’t fill them. They can get more profits by maximizing quality over quantity. And the city can play a part in zoning and design approval.

Original
2 months ago

What makes you think this building won’t get filled?

Anonymous
2 months ago

Because people don’t want to live in dense super tall areas. That’s why they left NY. They want some higher buildings but they want density balanced with height diversity. They like that Miami is dynamic city with breathing room. They also want the exclusivity of boutique buildings.

Ex-NYer
2 months ago

They left NYC because of the crime, high taxes and corrupt government.

Original
2 months ago

“Because people don’t want to live in dense super tall areas. That’s why they left NY. They want some higher buildings but they want density balanced with height diversity. They like that Miami is dynamic city with breathing room”

First of all, MiamiDade has a population that’s probably now only a little over three million people. So where will all this “height density” be that’s so concerning to be scared of? Secondly, some people moved or are planning on moving out of NYC because of housing prices being on the top of the list, along with other things that concerns them below that.

ray
2 months ago

Anyone know what is going on with Aria on the Bay? Seems to be little construction activity. Melo has finished Downtown First, more or less and project on NE 2nd Ave. should be completed first half next year. Maybe they are taking a pause before they start another project. Just curious.

Anonymous
2 months ago

Aria reserve is still doing foundation work , I think is taking them a little longer because of the labor and material shortage and also because this building is taller and little more complex than their other buildings

Anonymous
2 months ago

I wonder how many times somebody has to explain what you just explained to the clueless?

Anonymous
2 months ago

The clueless don’t understand that permits and foundation work take time. Just because a project is announced, you’re still not going to see construction for awhile due to the massive filing and review.

Anonymous
1 month ago

Yes. No more apartment buildings. Only condos, please!

RenRich
2 months ago

Boring infil. Good density.

Anonymous
2 months ago

Looks better than The Crosby, I suppose. At least it has some curved edges and symmetry.

Anon
2 months ago

Does symmetry automatically = good design to you? I’m curious. I see this comment a lot.

Pi Space
2 months ago

The Crosby is a fabulous building and design. This one looks like they are trying to pack it in and make as much as they can per square inch. This building would look nicer if it was no more than 20 stories.

Ex-NYer
2 months ago

District 225 should be the standard.