A residential tower that would rise above an existing parking garage in downtown Miami is being prepared for submission to Miami’s Planning Department for review.
In 2013, the Miami Parking Authority board approved a deal with Downtown 56, LLC to redevelop the garage, located at 70 SW First St. The garage is known as the Cultural Center Garage, or Garage 2. It sits on a 28,910-square-foot lot, while Downtown 56 owns an adjacent property sized at about 17,000-square-feet.
As part of the project, a 52-story tower with 432 rental units is planned for the empty lot. The garage is to be restored, refurbished, and brought up to code, while adding additional spaces and ground-floor retail.
Submission to the city is expected within the next ‘couple of months’, an MPA official told TNM. Once approved, construction is expcted to take 36 months.