Worldcenter Developer Plans To Break Ground On Another 45-Story Tower Within A Year

A partnership that includes one of the developers behind several towers at Miami Worldcenter is planning a 45-story apartment project, according to The Real Deal.

Dan Kodsi and Rafael Pecchio closed on the purchase of 1317 and 1345 North Miami Avenue for $8.9 million. They are 50-50 partners in the new venture.

Kodsi is the developer behind the Paramount and Legacy towers at Worldcenter.

The property is located north of the Signature Bridge and outside Worldcenter’s boundaries. It is currently occupied by ABC Restaurant Supplies & Equipment, which can remain in place until construction begins.

The new project will include:

  • 200 apartments
  • Ground floor retail
  • 8-story parking podium

Nomadas is the architect.

Pecchio said they expect to begin construction within a year.

 

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Anonymous
7 months ago

Melo revitalized this area and now we are seeing the benefits

Not Anonymous
7 months ago

Every da, Miami’s skyline is becoming more coherent, with less ugly gaps

Not Anonymous
7 months ago

*day

Anonymous
7 months ago

Too bad most of Melo’s towers are akin to tumors.

Anonymous
7 months ago

Yes! The city would look MUCH better if the parking lots they replaced were still there!

Anonymous
7 months ago

If only Mana would do the same, Downtown would be where it’s at

Anonymous
7 months ago

Make it taller!!

Anonymous
7 months ago

What for? 🙄

Anonymous
7 months ago

In your case to sit on it

Ciparoo
7 months ago

Pretty thin tower if it’s 45 stories and only 200 apts

Anonymous
7 months ago

Hopefully it’s twin tower

Shawn Kouri
7 months ago

Why is there no renderings? Come on now.

Anonymous
7 months ago

Lots of haters in these comments rooting for this part of Miami to fail. Pretty lame.

Anonymous
7 months ago

They all live in Hialeah and are just envious

Anonymous
7 months ago

Does that mean Miami Worldcenter is expanding its boundaries?

Anonymous
7 months ago

🤦‍♂️🤦‍♂️🤦‍♂️

Not Anonymous
7 months ago

What is wrong with Worldcenter expanding?

Anonymous
7 months ago

I think we are too early for phase 2 as phase 1 is still ongoing

Anonymous
7 months ago

World center is a flop. Nothing like the original concept.

Anonymous
7 months ago

Different than original doesn’t mean it’s a flop. Times change and Worldcenter is adjusting. I personally think it’s shaping up to be a great development.

Anonymous
7 months ago

I think this area is going to be the worst part of town. The paramount is turning into the new flamingo. All the new developments around are short term rentals. Going to be inviting the wrong type of crowd.

Anonymous
7 months ago

The New Flamingo and Opera Tower. Unfortunately these short term rentals attract people who do not care about our city.

Just this week someone was shot at the Opera Tower.

Anonymous
7 months ago

^ well I guess grocery stores don’t “care about our city” also because just the other day somebody was shot and killed in one.

Anonymous
7 months ago

“Where Getting Shot Is A Pleasure”

Anonymous
7 months ago

^ Heck, that can happen to you when you’re just driving on the freeway in your car.

Anonymous
7 months ago

We need fewer short term rental buildings! Sure, the population increase the past two years hasn’t helped, but the insane percentage of short term-friendly buildings popping up is what’s really making 12 month leases so expensive now.

Anonymous
7 months ago

This area has Miami Central Station, FTX Arena, a plethora of museums, historic architecture, the city’s best park, and that’s not even all the new restaurants, shopping, etc. What the hell are you talking about lol this neighborhood is going to be great.

Anonymous
7 months ago

All these comments and like are from the same person. Probably someone that made the mistake to invest elsewhere in Miami and is now recognizing they should have invested in this area instead.

Not Anonymous
7 months ago

Bingo!

Anonymous
7 months ago

It’s not even a single development. The original developer sold all the sites to other developers. This is unlike BCC where swire actually developed and built the entire project.

Anonymous
7 months ago

God forbid it doesn’t follow BCC’s business model. Plenty of developments are broken up between developers. Hudson Yards? Hello? MWC is in it’s infancy, enormous swaths of the development have not even been revealed.

Anonymous
7 months ago

A great development of apartments and condos. A “World Center” it’s not.

Not Anonymous
7 months ago

exactly

Anonymous
7 months ago

I don’t think even 50% of the development has been revealed yet. And barely any of the retail. What are you basing this on?

Anonymous
7 months ago

No, it’s just a world center developer who is investing outside the boundaries.

Anonymous
7 months ago

It’s similar to how the World Series has only 1 Canadian team and the rest are US.

Anonymous
7 months ago

I wish they kept and revitalized the 1920’s abandoned building across the street.

Anonymous
7 months ago

The beautiful old building adjacent to this lot is being refurbished right now.

Anonymous
7 months ago

The tallish building at 1334 North Miami Avenue? A couple years back, there was a proposal to designate and restore it. It would make a fine boutique hotel.

Anonymous
7 months ago

They are…..

Anonymous
7 months ago

Based on their track record, the design of this project will NOT be a Melo box.

Anonymous
7 months ago

The problem is that the ugly gaps are being filled with ugly buildings. Specially, Melo and anything designed by Architectonica.
At least these developers have a good track record so far, hopefully, this will be another great looking building