A property owner in Lemon City (which was recently renamed Little Haiti) could be planning a large project.
Cho Dragon’s Magic City Properties (controlled by Robert Zangrillo and Tony Cho) recently met with city officials about the possibility of a Special Area Plan under the Miami 21 zoning code. The SAP designation is rare since it requires an assemblage of at least 9 acres, and provides more flexibility to developers.
One of the properties in the assemblage is the six-acre Magic City Trailer Park at 6001 NE 2nd Ave. Cho Dragon paid $15 million for it in 2014, and has been acquiring neighboring properties since then.
Cho Dragon is represented by Neisen Kasdin of Akerman Senterfitt. Kasdin’s clients include Brickell City Centre, All Aboard Florida, Miami Beckham United, and Dacra’s Design District.