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(Photo Credit: Miami Worldcenter Associates)
Miami Worldcenter recently announced the completion of Block H, adding to the retail and parking components at the 27-acre project as active vertical development continues on the
$4 billion mixed-use development in the heart of Downtown Miami.
Block H is composed of 50,000 square feet of prime street-level and rooftop retail space, and a 922-space public parking garage fronting NE Sevnth Street, between NE First and Second avenues. A portion of the structure’s rooftop is home to a resort-style amenity deck serving Bezel Miami, a newly delivered 43-story luxury rental tower developed next door by ZOM Living.
As the largest private, urban development underway in Florida, Miami Worldcenter will feature a diverse mix of residential, commercial and hospitality uses complemented by a total of 300,000 square feet of retail, restaurant, and entertainment space. The project is being developed by master developers Miami Worldcenter Associates, led by principal Art Falcone and managing partner Nitin Motwani, in partnership with CIM Group.
“When we envisioned Miami Worldcenter more than a decade ago, we pictured a Downtown Miami where people could walk, ride a bike, push a stroller, get on public transportation or drive a car — and as more of our developments continue to deliver, we’re seeing that vision come to life,” Motwani said. “Miami Worldcenter is at the confluence of arts, culture, entertainment, transportation and education, and I believe this is just the beginning of Downtown’s evolution into a fully integrated community.”
Approximately 176,000 square feet of retail space has now been completed at Miami Worldcenter, with another 124,000 square feet remaining under construction and slated to deliver by the end of the year. The development’s enticing lineup of recently announced tenants includes Chicago’s Maple & Ash and etta restaurants, Miami chef Michael Beltran’s Brasserie Laurel and El Vecino, Bowlero, Sephora, and Lucid Motors.
“Each development milestone is an important achievement for Miami Worldcenter and our development team,” said Shaul Kuba, co-founder and principal, CIM Group. “This is a dynamic, multifaceted project that benefits visually from a variety of architectural styles, interwoven streets, plazas and gathering spaces; creates a connected community and an engaging experience for all.”
Bezel Miami becomes the latest residential development to be completed at Miami Worldcenter, joining other completed towers including the 60-story Paramount Miami Worldcenter, and the 43-story Caoba luxury apartment building. Coming up, a 351-room citizenM hotel is expected to open at Miami Worldcenter in the spring.
Additionally, construction is now underway at New York-based developer Lalezarian’s 52-story Miami World Tower, which will comprise 550 multifamily apartment units; at Royal Palm Companies’ Legacy Hotel & Residences, a 50-story mixed-use tower with 310 branded residences atop a hotel and 50,000 square feet of medical office space, and at the second phase of Caoba, which will encompass a 40-story tower with 420 multifamily apartments.
Planned residential developments include Kenect, a hospitality-oriented apartment tower with 450 multifamily units by Chicago-based Akara Partners, and The Crosby, a 450-unit turnkey condominium by Related Group and Merrimac Ventures. The Witkoff Group also is planning a three-tower mixed-use project at Miami Worldcenter, which will include up to 2,000 residential units, 550,000 square feet of office space and 50,000 square feet of retail.
Complementing Miami Worldcenter’s open-air retail will be World Square, a 20,000-square-foot public plaza and park. Designed as a central gathering place and outdoor event space, World Square will serve as the heartbeat of the city-within-a-city featuring an abundance of shade trees, works of art by local and international artists, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.
Miami Worldcenter occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; FTX Arena; Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Wolfson Campus.
It also is adjacent to Brightline’s MiamiCentral station, which will soon offer direct train service to Fort Lauderdale, West Palm Beach, and Orlando, together with access to Tri-Rail, Metromover, and Metrorail — making Miami Worldcenter the largest and most connected transit-oriented development in Florida.
