Posted Mar 4, 2016, 8:42 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,840
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Miami Worldcenter, multi-billion dollar development project, breaks ground
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Construction has officially started on phase one of Miami Worldcenter — America’s second-largest mixed-use urban development — the biggest building project in Florida and Miami history.
Miami Worldcenter will be the city’s new multi-billion dollar, mega-retail, residential, entertainment and transportation complex.
It will be built on a 1.1 million square foot terrestrial landscape; spread across six downtown Miami city blocks.
At 27-acres, Miami Worldcenter is second in size only to New York’s Hudson Yards development at 28-acres. In comparison, Rockefeller Center, built in 1931, is 22-acres.
The first phase of construction begins with Paramount Miami Worldcenter. It is the development’s soaring signature residential skyscraper, which is 700-feet tall, 60-stories and costs $500-million. It will be amongst the tallest luxury residential towers in the U.S. with the world’s largest private amenities deck, including resort-style pools, walking paths, gardens, bungalows, tennis courts and an outdoor soccer field.
Paramount Miami Worldcenter residents will ride in private elevators to the ground floor, which leads to an expansive restaurant and retail promenade. It will consist of an unprecedented collection of two and three level “High Street” style stores and a fusion of restaurants. The promenade leads to a sprawling public plaza accented by fountains.
Miami Worldcenter will intertwine six other downtown Miami residential and office buildings; a 1,800 room Marriott Marquis and Convention Center and several other hotels.
“We are building a city-within-the-city-of-Miami, which many forecast will be America’s City of the Future,” Miami-Dade Mayor Gimenez says. “Miami Worldcenter will create thousands of new construction jobs, generate billions of dollars in taxes and revenues, and provide a futuristic infrastructure for generations of Miamians.”
Adjacent to Miami Worldcenter will be the main terminal of the All Aboard Florida, intrastate high-speed railroad. It will connect Miami, Fort Lauderdale, West Palm Beach, The Space Coast and Orlando.
Miami Worldcenter’s completion date is set for 2018.
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http://wfla.com/2016/03/04/miami-wor...breaks-ground/
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