In Miami, New Worldcenter Downtown Neighborhood Takes Shape – CoStar
Country’s Second-Largest Project of Its Kind Expands City’s Urban Center, with info on Nichols Architects projects – the Jewel Box, Miami World Towers I, II and III
Miami Worldcenter has been a marathon of sprints, explains Nitin Motwani, one of the sprawling project’s creators.
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Despite the challenges, Miami Worldcenter is inching toward completion. Starbucks announced plans in December to open in a more than 2,800-square-foot space at the Jewel Box, an 80,000-square-foot, lifestyle-driven retail space at the site. The announcement brings Miami Worldcenter’s 300,000 square feet of retail space to more than 90% leased.
The $6 billion master-planned project with mixed uses spans 27 acres, making it the second-largest of its kind still underway in the United States — only New York’s Hudson Yards covers more ground — and it has already reshaped the Miami skyline. The neighborhood’s wide spaces and central open-air plaza seem set to provide the automobile-dependent city with a newly built and expanded urban core designed to be walkable.
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At 700 N.E. 1st Ave., New York-based developer Lalezarian Properties topped off the 52-story Miami World Tower 1 in July, with three additional residential towers on the way.
Miami Worldcenter extends along 2nd Avenue and Miami Avenue toward 11th Street. Overall, the project is designed to provide Miami with 600,000 square feet of offices, 300,000 square feet of retail space, over 100,000 square feet of public green area, about 11,000 residential units that include both rental and for-sale units, and 850 hotel rooms.
Read on at Source: CoStar https://www.costar.com/article/7215622/in-miami-new-worldcenter-downtown-neighborhood-takes-shape