Miami Condo Market and Lifestyle Updates
Get Ready for 130,000 square feet of Retail, Commercial and Business in Overtown

Get Ready for 130,000 square feet of Retail, Commercial and Business in Overtown

by Sep Niakan | October 12, 2015

Construction is set to begin at the 3 MiamiCentral 12-story office and parking complex in Overtown after hitting and overcoming the usual setbacks.

All Aboard Florida (AAF) began construction after filing a Notice of Commencement in the last week of September, which included requests for demolition, mobilization, excavation and foundational work. Contractors have been on site since the end of September moving dirt in preparation.

The project will house over 130,000 square-feet of retail, commercial, and office endeavors, all on a 1.89 acre plot located at 160 Northwest 7th Street. In addition, there will be over 1,100 parking spaces provided for visitors at 3 MiamiCentral as well as the Lyric Theater.

AAF purchased the property from Southest Overtown/Park West Overtown Community Redevelopment Agency in August 2015 for $5.4 million. The Facchina Construction contracting company is in heading up the project.

 

Source: thenextmiami.com

Photo credit: thenextmiami.com

Recent posts

Lifestyle

10 December Holiday Events You Won’t Want to Miss

by Sep Niakan | December 06, 2016

It’s my favorite time of year to be in Miami! The weather has cooled off a bit. The city’s abuzz with people from every corner of the world (thanks to Art Basel). The holiday spirit is gradually taking over, and there’s a bunch of...

Lifestyle

Car-free in Miami: How to Give Up Your Car for Lyft and Uber . . . and Love it.

by Sep Niakan | November 29, 2016

This is a story of how one Miami condo dweller (that's me, Sep Niakan) gave up his car at the end of his lease and gained freedom (and $$) in its place. If you have been thinking of getting rid of your car or know someone who is, read...

Real Estate News

How Miami Condo Sales Will Benefit from New FHA Lending Rules

by Sep Niakan | November 24, 2016

Lending, specifically FHA lending, is inching forward in favor of Miami Condos. Before President Trump pulls out any game-changers, I thought it would be the right time to reflect on a Bill passed into law by President Obama this August. The...

Real Estate News

Reflecting on BrickellHouse Robotic Parking Garage Failure

by Sep Niakan | November 22, 2016

It’s been almost a year since BrickellHouse’s robotic parking garage blunder, and I’ve been thinking about what this means for the automated parking business in Miami condos. In brief, Boomerang Systems (the robotic garage...