The Real Deal Miami

Miami board to review Worldcenter, Miami River and Little Havana projects

Three new apartment buildings are coming to Little Havana

Miami Worldcenter, Nitin Motwani and Art Falcone

New apartment buildings in Little Havana, a massive residential development along the Miami River, and retail at Miami Worldcenter are among a handful of projects going before the city of Miami later this month.

The developers of Miami Worldcenter filed plans for the seven-story, 1,100-space parking garage with about 81,000 square feet of retail space. The building would be built on Block D of the Worldcenter site, which is on Northeast Second Avenue between Northeast Eighth and Ninth streets. Miami Worldcenter Associates, led by Nitin Motwani and Art Falcone, closed on a $43 million construction loan for the garage and retail last week. Fifth Third Bank is the lender.

Miami River Walk

Mast Capital submitted plans for Miami River Walk, a 688-unit, eight-story project planned for 1001 Northwest Seventh Street. In December, the Miami River Commission approved the 6.3-acre riverfront complex, on a site that Mast Capital is under contract to buy. The developer is requesting a 30 percent reduction in parking.

Soleste Park View

Miami architecture firm Form Group is proposing Soleste Park View, an eight-story, 99-unit apartment building at 5615 to 5645 Southwest Eighth Street. Records show Outline Holdings LLC, a Pompano Beach company controlled by Oren Hefetz, paid $3.3 million in 2015 for the nearly 29,000-square-foot development site. Form Group is seeking waivers tied to the parking structure, according to documents filed with the city.

Nearby on Flagler Street, Romagna Mia Realties wants to build a 12-story, 208-unit rental building at 2744 to 2828 West Flagler Street. The developer is seeking a 3 percent reduction in parking, a setback change and other waivers.

Baccarat Residential

A company tied to Milton Construction is proposing another apartment building in the area. The general contractor filed plans for Baccarat Residential, an eight-story 100-unit multifamily development at 3900 Northwest Seventh Street.

Miami’s Urban Development Review Board will review the projects on Jan. 17.