Former Related Group president Roberto Rocha has teamed with art dealer Gary Nader on a plan to develop a Biscayne Boulevard property owned by Miami Dade College.
The proposal calls for replacing a 2.56-acre surface parking lot owned by MDC at 520 Biscayne Boulevard with a project that includes:
Tower A – 144 condo/hotel units (142,272 rentable sf), 228 luxury residential condo units (450,718 sellable sf)
Tower B – 300 luxury residential condo units (692,100 sellable sf)
Latin American Art Museum (122,902 sf)
Theater (1,600 seat)
Conference Center (29,150 sf)
Nader’s proposal, called ‘Museu’ was unsolicited, and MDC is asking for alternative bids from other developers, due early November. In a May letter, Nader had said that he hoped to begin marketing the project during this year’s Art Basel.