Formally branded as MetroCenter, the 28-acre district includes the seat of government for Miami-Dade County. When a developer is chosen, they could be given the right to build up to 23.7 million square feet of mixed-use space on 17 acres. The developer could be chosen in 2024, according to the Miami Herald.
The master builder would also get “unlimited height and development intensity” on the land that would be leased long-term to the developers, according to the county.
— Commerical Observer
Reports indicate that the scheme would include up to 8,500 total units, with 2,000 being designated as affordable or workforce housing, according to the RFP. Of the plan’s 11 sites, 9 are earmarked for “vertical development” while the remaining 2 are reserved for parklands. AECOM will serve in an advisory role. Developers liken the plan to Hudson Yards or the Umeda in Osaka, Japan.
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I follow some real estate social media accounts and it seems a big condo or mixed use project is approved/announced in Greater Miami every other day. So much construction going on there.
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