A multifamily project designed to promote Metrorail ridership has been proposed at 650 NW 8th Street.
The eight story project is to be called River Central. It will include 839,594 square feet of floor area, with 633 residential units and a small amount of ground floor retail. It is also proposed to include 656 parking spaces – fewer than required by code, due to the project being located a quarter of a mile away from the Culmer Metrorail station (a waiver will be needed.) The Miami River is also a short walk away.
Miami’s UDRB is set to review the plans next week.
Windsor Capital Corporation, led by Roland DiGasbarro, is the developer. Windsor has invested in $3 billion worth of real estate since being founded in 2003. DiGasbarro is a board member of Professional Bank and a former investment banker at Lehman Brothers.