Status Approved | Type Mixed use | |
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Location Park West, Miami, Florida, United States | ||
Miami worldcenter the new center of miami hd
Miami Worldcenter is a large mixed-use development under construction led by principals Arthur Falcone and Nitin Motwani, spanning several blocks in the Park West neighborhood of Miami, Florida, just north of Downtown. It may include over 25 acres of land, with a convention center, hotel space, residential, as well as copious street level retail and large anchor tenant space, such as Macy's and Bloomingdale's. The hotel and convention center are planned to be part of the same 55 storey building. The hotel will be very large with 1,800 rooms over the approximately 600,000 square feet (55,742 m2) convention center. One proposed residential building known as the Miami Worldcenter Signature Tower may rise to the maximum 749 feet (228 m) above sea level permitted in that area. The project may connect with the under construction All Aboard Florida intercity higher-speed rail system's Miami station.
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Taubman announced that it will not be developing an enclosed regional mall. Instead the company is planning to build an open-air development better reflecting Miami's sunny weather. The change in plans reflects a change in strategy for REITs as they move away from the enclosed regional mall concept.
Paramount miami worldcenter progress 01 2017
