MIAMI | Metrocenter (23.7 mil-sqft) - 17 Acres

[chris08876]

Metrocenter Development Concepts Released, Will Include New Downtown Transit Terminal

Miami-Dade released new concepts of the massive downtown Miami Metrocenter project, in a presentation to developers yesterday.

The winning developer will be required to build a new transit terminal as part of the project, the presentation said.

Also required: new facilities for the main library, HistoryMiami museum, other public facilities, and 2.5 acres of open space.

In addition, the winning bidder will be expected to build a minimum of 2,000 units of affordable and workforce housing.

New York’s Hudson Yards (built by Miami Dolphins owner Stephen Ross) is shown as an example of what the county wants built. The goal is a well-designed, walkable and transit-oriented development where a car isn’t necessary.

The county expects to choose the winning developer in 2024, according to the Herald.

Miami-Dade expects the project to cost around $10 billion, with completion to take 12 to 15 years, a county official said.

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1) https://account.miamiherald.com/paywall/subscriber-only?resume=264376431
2) NXT