Miami Worldcenter Gets Utilities For More Retail & Restaurant As Cranes Arrive At Site Of 43-Story Luma

Miami Worldcenter’s developer completed several transactions allowing for more retail and restaurant space to begin construction, along with the 43-story Luma Tower.

MWC Retail F East LLC, a subsidiary of the developer, completed a utilities agreement with the county this week to construct a building with 45,000 square feet of restaurant and 35,000 square feet of retail.

The new retail and restaurant building will be on Block F. On the same block will be another multi-level retail building, a public square, and a 12-story CitizenM Hotel with 348 rooms (CitizenM already owns the property and is preparing to break ground).

One block south, developers Zom and Moinian Capital Partners just closed on the $19.5m purchase of the property where they will build the 43-story Luma residential tower. $119m in construction financing is in place, and a crane was seen being delivered to the site yesterday.

Luma and Block F will be joined by the Seventh Street Promenade, a pedestrian walkway lined with retail and restaurant space.

 

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Anonymous

Looking forward to having some quality food and beverage options within walkable distance after heat games…

Anonymous

Yeah bc Bayside doesn’t exist…

Anonymous

Bayside sucks.

Anonymous

Compared to……?

Anonymous

Slumlord Mana’s flea markets, which he’s just waiting to make into GAME CHANGER projects when Orange Man gone, right?

suomynona

“Quality”.

Anonymous

It’s not all bad, you guys relax if you want quality food move to Paris or New York

Anonymous

Crazy can’t wait to see what this area looks like in a couple real estate cycles

Anonymous

Beautiful, cant wait!!!!

peej

Making progress! Just hope Luma doesn’t turn out like ZOM’s other ventures (looking @ you, Met 3)

Any word on the companion tower to Caoba? It’s sure gonna suck for those residents, esp. at the shared pool deck.

Anonymous

Anyone knows what the plans are for the parking lot in front of the AAA? Park? Parking? Building?(hope not the latter)

suomynona

Building.

No private developer is going to build a money-losing park. And a giant parking lot in downtown is stupid.

Anonymous

Miami growing up everyday !

Anonymous

Now I know those windows are fake

Anonymous

Yeah, it would’ve looked better with an exposed parking garage TBH.