Like Brickell City Center, which has recently begun its rise in the Brickell neighborhood to the south, Miami Worldcenter is an ambitious 17-acre mixed-use development in Miami’s urban core, set between Northeast 6th and 11th streets and between Northeast Second and North Miami Avenues, at the junction of I-95 and I-395. Miami Worldcenter will feature a top-tier indoor mall, a huge Marriott hotel and convention center, an outdoor pedestrian mall, and over 1,000 Miami condos for sale.
This transformative project is exactly what Miami needs to become a truly urban environment, creating density in the core not only during the day, but also after dark – something that most Downtown Miami neighborhoods have lacked for decades. For those who don’t know Miami, Miami Worldcenter is located in the “Arts and Entertainment District”. However, that is just a nice name for an area full of dodgy warehouse nightclubs, vacant parking lots and untoward activities, which have littered the neighborhood for years. The addition of Miami Worldcenter will bring the neighborhood more in line with the great modern residences that have risen along the development’s eastern flank along Biscayne Boulevard, namely, luxury condo buildings Marquis, Ten Museum Park, 1000 Museum (under development), 900 Biscayne and Marina Blue. As well as in line with the new Pérez Art and Frost Science museums in Museum Park further east along the bay and Adrienne Arsht Center for the Performing Arts, a few blocks to the northeast.
The Mall at the Miami Worldcenter will feature 765,000 square feet of retail, including a Bloomingdales and Macy’s as anchor stores. Like that of Lincoln Road, the 7th street Promenade will feature specialty shops, restaurants, bars and nightclubs. In addition, the 56-story 1,800-room Marriott Marquis Hotel and Convention Center will be one of the largest convention centers in the US and be directly connected to the mall and rest of the Miami Worldcenter. In addition, public transportation via the Metro Mover and All Aboard Florida will be very close by, making the center easily accessible not only by car.
While Brickell City Center will likely be a bit more upscale, given its slightly higher-end tenants (i.e., Saks Fifth Avenue) and more corporate, tony location, we see great value in Miami World Center, not only for its adjacent residents, but also for Miami residents and visitors alike. Once further along, we expect to see announcements in the area of more towers with Miami condos for sale, as well as for rent, creating even more needed density. Ultimately, this project will be one big leap forward toward Downtown Miami becoming a truly 24/7 urban environment by creating a vibrant place to work, shop and live.
(UPDATE: Feb, 1st, 2016) As reported by the Miami Herald, the developers of Miami WorldCenter has canceled plans for mega mall project that would include Bloomingdales & Macys. They will move forward with a small plan that will include an open promenade like Lincoln Road.