Miami Worldcenter finalized a deal with the City of Miami to close Northeast Seventh Street just days before announcing that they were cancelling plans to build a mall.
Nitin Motwani, a vice president of the developer, signed the paperwork on December 22, and the documents were recorded last week. Worldcenter announced that they were cancelling the mall on January 11.
A portion of the mall, including a Bloomingdale’s, would have been built on the area where the street is currently located. Worldcenter now claims to be exploring building “high street” retail.
Worldcenter was required to post a bond for $661,383 for construction. They also agreed to a 50-foot pedestrian easement.
this bloomingdale’s was to have been built on the land currently occupied by northwest seventh street: