Miami Worldcenter Selling ‘Last Remaining Parcel’ At Block A, Up To 1.7M Square Feet Can Be Built

The last remaining parcel at Miami Worldcenter has been listed for sale.

The 2.18-acre parcel of land is located along Northeast 1st Avenue between 10th and 11th Streets and is also known as also known as the western portion of Block A. It can be used for residential, retail, office or hotel uses with up to 1.7 million square feet or around 1,100 units if built as residential.

Previously, two separate developers from Chicago submitted plans to build towers on Block A.

Chicago’s Fifield proposed a 47-story, 499-foot tower with 533 apartments. Those plans appear to be cancelled, with the land now for sale.

On the eastern portion of Block A, Chicago developer Akara Partners is planning a two phase project called Kenect Miami with 39 stories and 79 stories.

“The coming year will see a series of important milestones at Miami Worldcenter, including the delivery of a substantial amount of retail space, the rise of a CitizenM hotel, the opening of our signature condo tower, and the announcement of our first retail tenants,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “In marketing our last remaining parcel, it’s critical that we identify an investor or joint venture operator whose plans are aligned with our vision for creating a city within a city in the heart of Downtown Miami.”

Worldcenter says that Hines is still preparing to build a new tower that will comprise up to 500,000 square feet of Class A office space and MDM Group is planning a 1,700-room Marriott Marquis hotel and adjacent 600,000 square foot expo center.

In addition, a 348-room CitizenM hotel is about to break ground, and vertical construction is now underway at the 43-story, 434-unit Luma residential tower. Two other residential towers, Paramount and Caoba, have already been delivered, and delivery of 300,000 square feet of retail will soon begin.

Cushman & Wakefield’s Robert Given has the listing.

 

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Anonymous

we need office space

Anonymous

Who’s stopping you from building some?

Anonymous

The lack of office-using employment in the city.

Anonymous

Damn bro good response! So clever and witty, really punched him in the gut with that one.

Anonymous

Have you checked in Doral?

Anonymous

MDM group is planning? Wtf you mean planning? They been planning for 8 years! How hard is it to build a hotel an convention center in what will be the most happening area in Miami!!! Are you guys still trying to figure it out or are you planning on messing up the plans even more? The hotel an convention center should be icons! Bringing in events from all over the world! Why is that so hard to figure out an why is it taking so damn long!!!

Anonymous

Uh, you’re getting a Ferris Wheel instead… aren’t you happy about that?

Anonymous

Politicians demanding X% of the workforce be from the “community” (i.e. people straight out of prison for the Xth time), and claim they’re pro-transit while pocketing the money for boats, “business” trips to China, or selfie PR.

Anonymous

racist much?

Anonymous

this has turned out to be nothing like what it was promised, or I did not follow the news, either way I am disappointed, but hey who cares, it is miami.

Anonymous

Will the 24-hour club district move?

Anonymous

yeah… out. :/

Anonymous

I guess you prefer they replace it with a shuffleboard court?

Anonymous

Yoga and pickle board courts.

Anonymous

That’s owned by Simkins/Miami Innovation District, along with everything else between there and railroad tracks.

Anonymous

This is old news

Anonymous

We need a lot of things

Anonymous

My wife keeps telling me that and I keep telling her, “no we don’t!”

Anonymous

A lot of very fine things!

Anonymous

You mean like paychecks?

Shawn Kouri

Why not build an 80-story office tower.

Anonymous

So are we going to have a club district, or is every last square inch of culture which attracted this kind of attention in the first place going to be paved over by luxury apartments and overpriced shops. Miami is known for it’s party scene, what is going to happen to the so-called Arts & Entertainment District once the NIMBY’s move in?

Anonymous

Car-centric development.

Anonymous

Yeah, especially since Miami has such a vast Mass Transit System.