Discover the advances of Miami Worldcenter, one of the most ambitious and anticipated urban developments in the city of Miami. This megaproject, which is a city within a city, and is located in the heart of the city center, spans 27 acres with more than 8,300 condominiums and apartments (Dinkova, 2024). It also has shops, offices and public spaces. Aimed at Chilean investors with vision and taste for excellence, this emblematic project represents a unique opportunity in the competitive real estate market of South Florida.
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Here are some interesting facts:
What is Miami Worldcenter?
It is the second largest mixed-use project in the world that combines luxury, convenience and modernity. It has over 4.5 million square feet of total space. Therefore, it is expected that this development will become a point of reference not only for residents, but also for tourists and businessmen. Its features include:
- Luxury residences including high-end residential towers.
- Commercial spaces with internationally prestigious shops .
- Offices for companies looking to be in a strategic location.
- Recreational and green areas for a healthy and balanced lifestyle.
Recent progress of the project
The progress of the project has been impressive. To date, several phases of the project are completed or in its final phase. For example, the Paramount towers Miami Worldcenter they are ready. These offer luxurious properties in Florida for those looking for a home in the heart of Miami.
Numerous establishments have also opened, including supermarkets in Miami, which make daily life easier for residents. Also, exclusive brand stores are already available.
In addition, significant improvements have been made to connectivity and access. That includes new streets and walkways that connect different areas of the project.
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The project is expected to be fully completed in the coming years, with projected dates ranging from 2025 for some specific components. This makes it an ever-evolving opportunity for investors interested in Florida property.
Impact of Miami Worldcenter on the City
This project not only changes the face of Miami, but also has a profound impact in several aspects; For example:
- Economic: currently, job creation and investment attraction are boosting the local economy.
- Social: generates a new urban center that fosters community interaction and cohesion.
- Touristy: Attracts visitors looking for a luxury experience in a vibrant, modern setting.
For those interested in taking advantage of this evolution and exploring investment opportunities in Miami, PFS Realty offers a comprehensive service that makes it easy to acquire and manage properties. If you are looking for
invest in Miami
, do not hesitate to learn more about the pre-construction projects available.
Ibliographic references
Dinkova, L. (2024, April 1). Map: Miami Worldcenter’s pipeline of 8,400 resi units, 500 hotel keys. Nomad. https://therealdeal.com/miami/2024/04/01/map-miami-worldcenters-pipeline-of-8k-units-500-hotel-keys/
Greater Miami Chamber of Commerce. (2023) Developers talk opportunities and challenges at PARAMOUNT Miami Worldcenter. https://www.miamichamber.com/news/developers-talk-opportunities-and-challenges-paramount-miami-worldcenter
The Real Deal. (2024, April 3). Map: Miami Worldcenter’s pipeline of 8,400 resi units, 500 hotel keys. https://therealdeal.com/miami/2024/04/01/map-miami-worldcenters-pipeline-of-8k-units-500-hotel-keys/
Florida Realtors. (2023, November 6).
NYC Developer Says Miami Now a Better Bet
. https://www.floridarealtors.org/news-media/news-articles/2023/11/nyc-developer-says-miami-now-better-bet
Miami Today. (2023, June 27).
Miami Worldcenter gets net-zero emissions boost
. https://www.miamitodaynews.com/2023/06/27/miami-worldcenter-gets-net-zero-emissions-boost/