Trending
Drivers Club Miami project heads to county commission
Developer Carlos de Narváez would lease county-owned land for $33.4M
![Rendering of Drivers Club Miami (Credit: Drivers Club Miami)](https://static.therealdeal.com/wp-content/uploads/2018/02/Drivers-Club-Miami600.jpg)
A Miami-Dade County committee just green lit a developer’s vision to turn land just west of Miami Gardens into a $100 million luxury auto club, dubbed the “country club for cars.”
Tuesday night, South American developer Carlos de Narváez received approval from the government operations committee to move forward with his project, which would entail building a 2-mile track for car aficionados, three new facilities for local nonprofits, a community center, and a government center for northwestern Miami-Dade, according to a press release. The agreement will go before the county commission for a vote next week.
Drivers Club Miami would rise on a 160-acre site at 20000 Northwest 47th Avenue, and would be developed in multiple phases. Under the county contract, the developer would lease 140 acres of land for an initial term of 30 years, with an expansion option.
The lease will cost De Narváez at least $33.4 million, according to the South Florida Business Journal. His company, 13 Pista LLC, will also build improvements for the city in exchange for waiving competitive bidding and a below-market lease rate.
A number of large-scale developments have been proposed in and near Miami Gardens. Just this week developer Barron Channer submitted plans for a mixed-use project with a hotel component near Hard Rock Stadium. A Hallandale Beach developer is also under contract to buy a plot of land in Miami Gardens with plans to build a $60 million mixed-use project. – Amanda Rabines