Miami’s Central Shopping Plaza across from Magic City Casino is planned to get nearly 1,400 residential units.
The proposal by Terra Group would not demolish the strip mall on the 38 acre property. Instead, the new buildings would be built behind the existing shopping area.
A total of seven new courtyard buildings are planned.
The new construction will include several parking garages. Miami zoning law requires 2,970 combined parking spaces for the existing retail and new residential. With 1,649 new garage spaces and the reconfiguration of an existing surface lot, the property will have a total of 3,145 spaces.
Arquitectonica is the architect.
Terra Group, which is the developer, is in contract to buy the property from the owner of the Magic City Casino.
Miami’s Urban Development Review Board was scheduled to review the proposal at a meeting yesterday.