TRD insider interview: Nitin Motwani talks shop about Miami Worldcenter

Miami /
Oct.October 26, 2015 01:30 PM

After participating in a candid panel about Miami’s hottest up-and-coming neighborhoods, developer Nitin Motwani sat down with The Real Deal New York’s managing web editor Hiten Samtani to give an update on the massive Miami Worldcenter development and talk about his hopes for the project.

He said demolition is complete at the nearly 30-acre site, located in Miami’s Overtown neighborhood, and groundbreaking is set to begin before the end of 2015.

When open in 2018, the mixed-use development will have a 765,000-square-foot retail center, the 500-unit Paramount Miami Worldcenter condo tower, an 1,800-room Marriott Marquis hotel and convention center, and a rental tower with 429 units developed by Orlando-based ZOM.

Motwani was a member of the “surveying Miami’s top neighborhoods” panel at TRD South Florida’s Forum & Showcase, where top developers revealed how they helped shape areas like Wynwood and the Design District.

The showcase, held on Oct. 15 at the Moore Building in Miami’s Design District, drew more than 4,000 real estate professionals who came to network and peek at South Florida’s latest developments. The event also held three panels: key players talked about their role in building Miami’s hottest neighborhoods, New York power brokers revealed their love for Miami, and top developers forecast the city’s future real estate market. — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Nitin Motwani, Sankesh Abbhi and 1016 Northeast Second Avenue (Google Maps)

Miami Worldcenter developer sells site to Abbhi Capital for $24M

Miami Worldcenter developer sells site to Abbhi Capital for $24M
Miami Worldcenter Managing Principal Nitin Motwani and a rendering of the project

Developer buys Miami Worldcenter site for mixed-use project

Developer buys Miami Worldcenter site for mixed-use project
Dan Kodsi and Legacy Hotel & Residences

For future pandemics, Miami Worldcenter plans $60M health center

For future pandemics, Miami Worldcenter plans $60M health center
Ira Saferstein and Marc Roberts, with a rendering of Miami Worldcenter

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase
2131 South Bayshore Drive (Credit: Realtor)

Isaac Kodsi trades Miami Beach pad for Grove estate

Isaac Kodsi trades Miami Beach pad for Grove estate
Daily Digest Miami

FINCEN renews order looking at cash purchases, Barry Sternlicht is eyeing an economic slowdown: Daily digest

FINCEN renews order looking at cash purchases, Barry Sternlicht is eyeing an economic slowdown: Daily digest
Rendering of Legacy Hotel and Residences with Dan Kodsi and Peggy Olin

Developer Dan Kodsi plans hotel-condo tower at Miami Worldcenter

Developer Dan Kodsi plans hotel-condo tower at Miami Worldcenter
From left: Cecilia Estevez, Mika Mattingly, and Jack Lowell

A piece bordering the $4B Miami Worldcenter megaproject just hit the market

A piece bordering the $4B Miami Worldcenter megaproject just hit the market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...