Terra Group has announced plans for a mixed-use project in Miami called CentroCity.
CentroCity is proposed to include:
CentroCity will be built by redeveloping the Central Shopping Plaza across from the Magic City Casino.
The first phase will be the redevelopment of the shopping center with a new façade, common areas, landscaping, and signage.
The project’s first phase of residential development will follow, with three 8-story multifamily buildings including 460 garden-style rental apartments each.
A total of seven new courtyard buildings are planned on the 38 acre property.
Construction is expected to get underway in Summer 2021.
Arquitectonica is the architect, with RSP Architects overseeing the shopping center upgraded.
Miami’s Urban Development Review Board reviewed the proposal at a meeting in November 2020.