‘Whole New Level Of Residential Living’ Coming To Miami Worldcenter After Developer Buys Piece

A parcel next to Legacy Miami Worldcenter has just been sold to an apartment developer, and a broker involved in the transaction has high expectations for what’s coming.

An affiliate of residential developer Lynd paid $30 million for the lot, county records show.

The property is directly adjacent to Legacy, on the corner of NW 10th Street and N. Miami Avenue. It currently appears to be in use as a staging area for construction at Legacy.

A broker involved in the sale and financing of the property told the SFBJ he expects Lynd to bring “a whole new level of residential living” to Worldcenter “that the market has not seen before.”

Up to 650 apartments can be built, with up to 1.2 million square feet, according to an allocation of density rights recorded along with the sale.

The seller retained a similarly sized parcel next door, also adjacent to Legacy. The allocation also leaves and additional 650 apartments and 1.2 million square feet for that parcel, bringing the potential total to 1,300 units.

IRR Parkwest Investments LLC, managed by Marc Roberts, was the seller.

 

As seen from the Legacy live construction cam this afternoon:

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zobernaki
26 days ago

As someone whos been following the Miami Worldcenter stories since the old skyscraper city forum dates it just seems so surreal the vision that was put in place all those years ago and how its coming together. Amazing.

Urbanist
26 days ago

Love that somebody referenced SSC on here. (Former moderator there from back in the day)

Vince
25 days ago

You weren’t the blind guy who kept posting threads of horribly blurry pictures were you?
Those pictures were equal parts sad and funny.

Anonymous
26 days ago

Amazing?? This has been a complete downgrade

Anon
26 days ago

In what way? You’re not telling me you actually preferred the already-dated enclosed mall concept?

This isn’t the 1990’s. It was a smart move to ditch that idea and move forward with a pedestrian focused indoor/outdoor mixed use neighborhood. Welcome to the 2020’s.

Anonymous
25 days ago

Right, a pedestrian-focused indoor/outdoor mixed-use neighborhood with massive and clearly visible parking decks at street level. Yes… as if the first two years of the 2020s weren’t welcoming enough.

Just me
25 days ago

Lol

Just me
25 days ago

Wait. Enclosed air-conditioned mall or street level in the Miami heat shops? Come on dude. I’ll take the AC every time.

Anonymous
25 days ago

^^The Great Indoorsman

Anonymous
22 days ago

If you need AC that badly you live in the wrong half of the country bud

Just me
25 days ago

Why can’t people here admit that MWC did not turn out to be anything like it was originally presented? It’s just a bunch of mediocre apartment buildings. There is nothing there that is really worth the hype you guys give it. Yes, it’s better than what was there before. New apartment buildings where empty lots once stood is a major improvement. But tone down the hype. It’s just a bunch of new apartment buildings. Nothing more.

Anonymous
25 days ago

Tone down what hype?

So according to you, if somebody’s opinion is negative about MWC, nobody can counter with a positive opinion?

Just me
25 days ago

That’s my point exactly. That’s what you are now doing to me. To me, it’s just a handful of apartment buildings. Nothing more. While others claim ” world class neighborhood”. Art and fountains and, and, and. No. A handful of mediocre apartment buildings. Not much more. If you are insulted by that, and you appear to be, continue the hype.

Downtown Vagabond
26 days ago

It’s nowhere near what it was originally planned to be, unfortunately, so you’re not seeing that coke together at all. But it’s better than nothing!

Anonymous
26 days ago

You’re right; it is completely different than originally planned – and thank god for that. Enclosed mall? Bloomingdales? Are you serious? That sounds awful.

A world class mixed-use neighborhood with pedestrian amenities, public artwork, green space, high-street retail, public squares, fountains, I could go on. The developers have been flexible and the development has adapted to a changing world/marketplace (for the better).

Anonymous
25 days ago

LOL Bloomingdale’s is awful but Bowlero is totally world class, outlet mall-tier tourist traps are high-street, and flexible is a nice way of saying “value engineering.”

Anon
25 days ago

The tenants are flexible and will change with time. An enclosed mall isn’t flexible, and they are being demolished all across the country. Transitioning to high street retail was the better long term decision, hands down. Sorry that you’d rather it be a shopping mall, but that doesn’t necessarily make it a downgrade.

Just me
25 days ago

So, is Brickell City Center and the Saks are not in a mall? Sure looks like a mall. Well, you must pay for parking, unlike say…Dadeland. oh and yes, it’s hotter in the open air concept at BCC and Merrick than Dadeland or Aventura.

Just me
25 days ago

So, tenants in malls don’t change?

Just me
25 days ago

The globe from the museum is your idea of world class art? What is a world class mixed neighborhood? The Dubai Marina. What fountains? When was the last time you saw a running fountain in Miami? The only one I recall is on Ponce outside of Merrick Park. Why are you still pushing this mix of mediocre buildings as a world class neighborhood. What other world class neighborhood are you comparing it to?

Kingpin
25 days ago

Why shop at Bloomies when you can go bowlin’?

Anonymous
26 days ago

Let me guess, another rental tower?

Antennae
26 days ago

What’s going on with E11even? I see no activity… Seems like most projects at MWC grow at turtle pace or no growth at all

Anonymous
26 days ago

Gee haven’t you read about the construction worker shortage in Miami?

Not Anonymous
25 days ago

Melo seems to be doing just fine. That’s just an excuse.

Anonymous
25 days ago

I walked by the other day – they are moving forward, doing tons of site work and equipment arriving. Miami World Tower is already on the 6th floor; will top out by 2023. wym?

Anonymous
25 days ago

Oh boy.. here:

Construction materials shortage – Miami
http://www.floridacdc.org › articles
Rising steel costs, low supplies of cement and a shortage of workers still may be delaying construction schedules in Miami-Dade County.

Vince
25 days ago

2/9/2011….looks like the problems referenced in your decade old link have been overcome.

Anonymous
25 days ago

Well, history will repeat itself…

Anonymous
25 days ago

^
Okay.. try this then:

South Florida’s skilled labor shortage is challenging – Miami Herald
http://www.miamiherald.com › opinion › letters-to-the-editor › article3605104
Florida’s construction sector is booming with 40,000 new jobs added in the past year alone, according to the U.S. Labor Department.

Downtown Vagabond
26 days ago

Unfortunately, the area is developing too slowly. Let’s see where we are by end of the year.

Anonymous
25 days ago

Rome wasn’t built in a day

Anonymous
25 days ago

You mean like the whole new level of retail after a proposed new Macy’s and Bloomingdale’s were axed for a bowling alley and gloried sports bar? Sure… “A whole new level” must be the new “iconic” or “game changer.”

Anonymous
25 days ago

But will it be “iconic”?!

Anonymous
25 days ago

For shore

Azarius
26 days ago

Bring ‘em on. We need more inventory in the downtown area. Unless it’s like Aston or 1000 Museum then …..

Not Anonymous
26 days ago

then what?

Yet Another Anonymous
25 days ago

Then it looks nice but it’s too high end to help the inventory.

YEET
26 days ago

This is really good news. Although disappointed with the progress at Legacy right now. They poured the mat foundation a couple months ago and yet no vertical progress.

Anon
26 days ago

Miami WorldCenter growing even more?? Wow, we are now at 15 planned towers. Absolutely enormous development.

Anonymous
25 days ago

What is it that makes it a “World Center”? If it’s apartments and condos then Brickell is the real World Center.

Anonymous
25 days ago

You mean other than Miami Central Station, the city’s main Sports Arena, all of our Museums and Civic Institutions, the city’s largest park, the Freedom Tower, and 15+ towers of residential, retail, and office space?

Just me
25 days ago

None of what you have mentioned are part of MWC.

Anonymous
25 days ago

Brickell sucks

Duke
22 days ago

Another overpriced tower which is turning this city into a dumpster..!!! Thank you

Vince
26 days ago

Lynd is the Texas developer that thought naming the tower on top of Mary Brickell Publix after one of the 7 Deadly Sins was a good idea.

I’m glad that they changed the name from EnV to Nine after sales stalled.

Curious to hear how Lynd is going to bring a whole new level of residential living to the site, and wish them all the best!

Anonymous
25 days ago

Oh you’ve got to be kidding me. Any buyer who would be bothered by the name of the building because it’s “one of the deadly sins” is surely not all the way there. (Probably inherited their down payment given that smarts are clearly not their strong suit). They probably also believe the month they were born determines every characteristic about themselves.

Anonymous
25 days ago

Are you talking about me?!!!

– President 45

lol…

Vince
25 days ago

No. Not kidding.
Probably not bothered, but wondering why a developer could be so stupid to come up with such a name and an embarrassingly silly mega banner.

Perhaps it was that EnV was spelled “EnV” that turned of the sticklers of spelling.

Whatever it was, once they decided to change the name to NINE the sales took off.

Anonymous
25 days ago

I don’t recall that certain somebody with a lucrative brand name with licensing deals naming developments will silly play-on words.

Anonymous
25 days ago

World center has been a let down!!! Like many other projects in miami. Edgewater is turning into a disorganized arrange of cereal boxes.
Downtown has a long way to go, and Brickell is getting there, but seriously, architects, developers and politicians need to be more selective in what they allow to be built here. The skyline is becoming super boring.

Anonymous
25 days ago

The “Dunce Cap Architect” has said his usual gooble-dee-goop of words.

Melo is sigma and chad
26 days ago

Glad its growing

Yet Another Anonymous
25 days ago

“A whole new level”

649′

Anonymous
25 days ago

Kind of hard to surpass what Bezel has done without being condo product. So much so I would say it wouldn’t be a good thing as I doubt you could charge the rents required to support the construction cost to deliver such a product. Brokers will be brokers.

Anonymous
25 days ago

Iconic