A Miami visual arts organization is planning to build a $30 million headquarters in Little River.
The ArtCenter/South Florida, which is changing its name to Oolite Arts, bought two parcels at 75 and 77 Northwest 72nd Street for about $6 million to build its new home, a 50,000-square-foot facility that’s projected to open in 2022. The organization hired Jones|Kroloff to conduct an architect search for the project and does not yet have a groundbreaking date.
In 2014, ArtCenter/South Florida sold its signature building at 800 Lincoln Road for $88 million to a partnership of TriStar Capital and RFR Holdings. The profits from the sale allowed the organization to grow and expand.
The new headquarters will feature expanded artist residences, classrooms, theater and exhibition space, according to Dennis Scholl, president and CEO of Oolite Arts.