Worldcenter Posts $1.2 Million Bond For Roadway, Sidewalk And Drainage Improvements

Miami Worldcenter developers have posted a $1.2 million performance bond for roadway, sidewalk and drainage work in Park West.

Worldcenter was required to post the bond and sign an agreement as part of a replat of their property in Park West. The developer must complete sidewalk, drainage and roadway improvements within one year, although the deadline can be extended for a fee.

Nitin Motwani of Miami Worldcenter and Nathan Forbes of mall developer The Forbes Company signed the agreement.