A 38,000 sq ft land holding at 255 NE 1st Street — in the heart of Downtown Miami — approved for a mixed-use development of two towers (62 and 52 storeys), with more than 800 residences, 120 hotel keys and 7,205 SF of retail.
The site currently operates as a 238,000 sq ft parking structure (863 stalls, 90 per cent occupancy), generating income while the development programme advances.