Juvia’s Strategic Pivot-a Testament to Miami’s Flourishing Landscape
In the dynamic world of investment, adaptability is paramount. Similarly, in the realm of Miami’s culinary scene, Juvia, the illustrious rooftop restaurant and bar that once held sway over Lincoln Road’s nightlife, has demonstrated this principle. After an impressive 11-year run in Miami Beach, Juvia is set to transition to the Miami Worldcenter—a staggering $6 billion, 27-acre development poised at the epicenter of downtown.
Jonas Millán, the visionary behind Juvia Group alongside his partner Alexandra, remarked on the city’s transformation, “Over the past decade, Miami has transcended its identity as merely a beach destination. Its metamorphosis into a burgeoning metropolis necessitated our evolution.” After meticulous scouting, the Miami Worldcenter emerged as the unequivocal choice for Juvia’s next chapter. Millán envisions the new establishment, slated for a late 2024 launch, to surpass its predecessor in grandeur, boasting expansive outdoor spaces and a more lavish terrace bar.
The Miami Worldcenter, located at 1010 NE Second Ave., is not just a real estate marvel but a culinary hub. It already houses three ventures from the esteemed Chef Michael Beltran’s Ariete Hospitality Group. Furthermore, 2024 will witness the inauguration of several more dining establishments, including New York’s Serafina and Dallas’s Sixty Vines, among others. Beyond gastronomy, the development is set to feature retail giants like Sephora and Lululemon, as well as avant-garde entertainment venues.
Juvia’s culinary direction remains rooted in its legacy—French cuisine infused with Latin nuances. However, with Miami’s dining scene witnessing a renaissance and the city earning Michelin accolades, Millán acknowledges the heightened benchmarks. “The culinary landscape is evolving rapidly. While some perceive market competition as daunting, I view it as a catalyst—an impetus to innovate and elevate our offerings.”
Nitin Motwani, the strategic mind behind Miami Worldcenter Associates, always envisioned Juvia as the crown jewel of the development’s rooftop. Familiar with Millán’s prowess through Bonito St. Barth, Motwani recognized Juvia’s transformative impact on Miami Beach. “Their influence was palpable. Our initial blueprints often echoed the sentiment, ‘Imagine having an establishment akin to Juvia here.’ Their relocation is serendipitous—a confluence of an expiring lease and the allure of what’s poised to become Miami’s nexus.” Motwani envisions the Worldcenter as a tapestry of diverse experiences, with Juvia serving as both a haven for celebratory occasions and a regular dining fixture.
In the high-stakes world of real estate, we understand the significance of strategic shifts and seizing emerging opportunities. Juvia’s transition is emblematic of this ethos—a testament to the vision, adaptability, and promise of Miami’s burgeoning landscape.
Abbhi Capital Breaks Ground on 2 Million Square Foot Development at Miami Worldcenter
With a ground-breaking of a 2 million square foot mixed-use development that includes the area’s first significant office building, Abbhi Capital plans to revolutionize Miami Worldcenter.
On September 20th, the city’s Urban Design Review Board will consider the expansive project, which consists of a 59-story residential tower and a 33-story office tower joined by a shared podium with plenty of parking. The property was purchased by SanaProperty8LLC, an affiliate of Abbhi Capital, for a total of $44 million between 2020 and 2021. It is located at 1001 N.E. First Ave. The development will have 1,319 spacious parking places, 7109 square feet of retail and dining space, 368,362 square feet of available commercial space, and 558 residential units.
An amenities deck including a pool, jacuzzi, pickleball courts, fitness center, coworking spaces, media room, and even a dog grooming station will be available to residents and renters on the 12th level. The construction intends to accommodate a variety of lifestyles with the majority of residential apartments beginning on the second floor and ranging from small 570-square-foot studios to roomy three-bedroom residences covering 1,562 square feet.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, which is home to the Frost Museum of Science and Pérez Art Museum Miami, as well as the FTX Arena, Adrienne Arsht Center for the Performing Arts, and Wolfson Campus of Miami Dade College. Miami Worldcenter is the largest and best-connected transit-oriented development in Florida thanks to its proximity to Brightline’s MiamiCentral station, which provides direct train service to Fort Lauderdale, West Palm Beach, and Orlando and access to Tri-Rail, the Metromover, and the Metrorail.
Lalezarian Properties Releases Renderings for New Towers at Miami Worldcenter
The entire vision for Miami World Towers, a massive mixed-use project slated to drastically transform Block E within the 27-acre Miami Worldcenter complex in downtown Miami, has been revealed in new renderings and site plans. This project, which consists of four buildings and is expected to further transform the Miami skyline, was created by Nichols Architects with Kimley-Horn serving as the landscape architect. Miami World buildings LLC, an associate of Lalezarian Properties, is the project’s developer.
The recently released designs and images feature a 25-story North Tower, a 68-story South Tower, a 68-story West Tower, and a 557-unit East Tower, The East tower is presently under construction. It is anticipated that these new towers will add about 2,137,110 square feet of space, including 2,040 residential units, amenities, and 810 extra parking places. The four towers will produce 2,600 residential units and 3 million square feet of space. On September 20th, Miami’s Urban Development Review Board is scheduled to examine the proposal.
According to the renderings by Nichols Architects, the four-tower complex will be extremely dense and take up nearly the entire block. The facades will vary and include Miami’s first examples of many architectural styles. Tower 3, despite being significantly taller, follows the same design aesthetic as Tower 1. It has floor-to-ceiling glass windows, elegant silver aluminum frames, and glass balcony handrails that enhance the façade while subtly highlighting the superstructure’s distinctive wave-like concrete balcony slabs. This beautiful mix highlights the tower’s characteristic exterior curves, giving the impression that the edifice is moving.
On the other hand, Tower 2 introduces a series of white diagrid aluminum-clad columns for both its 25-story and 68-story tower facades, featuring diamond-shaped patterns between the columns, various chamfering edges, sections of staggered slabs, and glass curtain walls. This design is reminiscent of the Foster + Partners-designed, 46-story Hearst Tower in New York City, as well as an office tower Hines has planned for their Miami Worldcenter site.
The Miami World Towers’ units will come in a range of floor plans, with sizes from 380 to 1,286 square feet and comprising studios, one-bedroom, one-bedroom with a den, two-bedroom, and three-bedroom designs. The majority of amenities will be located on the 14th floor, while rooftop pools can be found on levels 65 and 66 of the two larger towers.
Miami World Towers, which strategically places more than 2,000 residential apartments close to a number of Metromover and Metrorail stations, adds to the city’s urban appeal by providing inhabitants with easy access to Miami’s enormous public transit system. The property includes 2,994 square feet of commercial space on the ground floor, which adds to its attraction by enhancing the streetscape and promoting a lively pedestrian environment.
Additionally, the proposal places a high priority on pedestrian connectivity by constructing a publicly accessible promenade that effortlessly directs people from NE 8th Street to the opulent lobby of Tower 2. The Miami Worldcenter Promenade is accessible to locals and guests via this lobby connection that extends to a pedestrian paseo. This ground-breaking promenade, created especially for pedestrians, connects Biscayne Boulevard and the larger Miami Worldcenter Area in a busy east-west corridor, further enhancing the project’s role in encouraging vibrant urban interactions.
New Restaurants to Open at Miami Worldcenter in 2024
The long list of tenants at Miami Worldcenter, a $6 billion, 27-acre mixed-use complex remaking the center of Downtown Miami, will grow by four national food and beverage concepts.
A dual-concept location for BurgerFi and Anthony’s Coal Fired Pizza & Wings has been signed by the development’s ownership group, as well as leases with Serafina, an internationally renowned Italian restaurant group founded in New York City; Sixty Vines, a sustainable restaurant with an exciting wine-on-tap program and food inspired by vineyards.
The development’s exceptional lineup of recently opened food and beverage outlets, which already includes three concepts from Michelin-starred Chef Michael Beltran of Ariete Hospitality Group’s Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar, as well as two more eateries anticipated to open soon, Earls Kitchen & Bar and Chicago’s Maple & Ash, will be strengthened by the development’s newest restaurants, which are anticipated to open in 2024.
The 300,000 square feet of retail, dining, and entertainment space at Miami Worldcenter, one of the largest privately owned and developed urban real estate developments in Florida, complement the diverse mix of residential, commercial, and hospitality uses that it offers. Approximately 84% of the retail space in the property is leased. In collaboration with CIM Group, Miami Worldcenter is being built by master developers Miami Worldcenter Associates, headed by Managing Partners Art Falcone and Nitin Motwani.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, home to the Frost Museum of Science and Pérez Art Museum Miami, Adrienne Arsht Center for the Performing Arts, and Wolfson Campus of Miami Dade College. Miami Worldcenter is the largest and best-connected transit-oriented development in Florida thanks to its proximity to Brightline’s MiamiCentral station, which provides direct train service to Fort Lauderdale, West Palm Beach, and Orlando and access to Tri-Rail, the Metromover, and the Metrorail.
Miami Worldcenter Welcomes New Lucid Motors Location
Lucid Motors, a producer of high-end electric vehicles, has unveiled the opening of its newest plant at Miami Worldcenter, a revolutionary $6 billion, 27-acre mixed-use development in Downtown Miami.
Lucid Motors has joined the list of freshly launched restaurants and bars, well-known national retailers, and the citizenM Miami Worldcenter hotel as concepts. Earls Kitchen & Bar, Maple & Ash, Sports & Social, Bowlero, and the renowned Museum of Ice Cream are just a few of the exciting new attractions that will soon be opening. Miami Worldcenter, one of the biggest privately owned and constructed urban real estate projects in Florida, provides a vibrant mix of residential, business, and hospitality facilities as well as a staggering selection of shopping, dining, and entertainment options.
The almost 23,000 square foot space includes a Lucid Studio where clients may test-drive the company’s upscale electric cars, including the lauded Lucid Air sedan. The building also functions as a service and delivery center for Lucid Air, open Monday through Friday from 11:00 a.m. to 7:00 p.m. and on weekends with modified hours.
The project is overseen by Managing Partners Art Falcone and Nitin Motwani and is managed by Miami Worldcenter Associates in collaboration with CIM Group. Nitin Motwani expressed delight about the inclusion of Lucid Motors, highlighting the brand’s cutting-edge premium appeal and its commitment to the goal of Miami Worldcenter as a lively live, work, and play destination in the center of the city.
In addition to its amenities, Miami Worldcenter has World Square, a lively 20,000 square foot public plaza and park intended to serve as a hub for gatherings. With alternatives for dining, entertainment, and shopping, the plaza provides open space, shaded places, and sidewalks that are favorable to pedestrians.
The $5 million public art project at Miami Worldcenter, organized by the Miami-based curatorial collective PRIMARY and renowned art dealer Jeffrey Deitch, turns the building into a permanent outdoor gallery. Large-scale murals, paintings, and sculptures, as well as other contemporary and modern works by internationally renowned artists, are on display as part of the effort.
Witkoff Proposed 3 Tower Development at Former Miami Arena Site
Three tower development has just been proposed to the Miami Urban Development Review Board at the site of the former Miami Arena.
In May 2023, developer Witkoff signed the utilities deal for the site located at 700 N. Miami Avenue at Miami Worldcenter.
The original design for the tower showed the tallest out of the three buildings to reach 57 stories tall. This revised proposal states that the three towers will rise 577 feet, 589 feet, and 615 feet with the tallest of the towers to reach 54 stories. The ground floor supermarket was in the original plans for the development but according to the proposal, it is no longer included.
The 700 N. Miami site proposal also includes 30,535 square feet of commercial space, 2,078 parking spaces on levels 2 through 9, and 2,346 residential units. Amenities for the development will include an amenity deck, indoor lounges, rooftop amenities for each tower, and pools for each tower.
Kobi Karp is listed as the architect for the project. The Urban Development Review Board is scheduled for June 21, 2023.
Museum of Ice Cream to Open at Miami Worldcenter
In 2024, Miami Worldcenter will welcome the permanent opening of the Museum of Ice Cream. The new facility will be more than 14,000 square feet on two levels, with an entrance on the pedestrian promenade of Worldcenter.
The Museum of Ice Cream will feature 10 interactive installations that are inspired by Miami including, MOIC’s sprinkle pool, the Hall of Freezers, Mary-E’s Diner, and the Cream Liner.
There will also be 5 stations where guests can taste sweets during the 60-90 interactive tour
The art installation was originally open in 2017 at Faena Miami Beach for as a temporary location for 2 months but was so popular, they kept the installation up for 6 months.
Museum of Ice Cream is located at Miami Worldcenter at 851 NE 1st Avenue, Unit 134, Miami.
Miami Worldcenter is a $6 billion mixed-use complex in downtown Miami, which is spread across 27 acres and ten city blocks and includes retail, hospitality, business, and residential areas, is one of the biggest private urban real estate developments in the United States. Three residential buildings, a sizable chunk of the retail area, and a recently built CitizenM hotel are among the project’s phases that have already been finished and are occupied.
700 N. Miami Avenue Site at Miami Worldcenter Construction Update
New York-based developer, the Witkoff Group, is steadily working to change the Miami Arena’s former location. The thriving Miami Worldcenter’s premium real estate is getting ready to welcome three towers rising 57 stories tall.
Recently, Witkoff signed the utilities deal for the site at 700 N. Miami Avenue at Miami Worldcenter. The expected total for the connection fees for utilities and the Biscayne Basin Sanitary Sewer Special Connection fee is $2,085,466.50 and $1,265,004. Alex Witkoff signed the contract on behalf of the construction company, WG 700 North Miami LLC.
The signing of the utility deal and obtaining FAA height approvals for the towers are significant steps in the development process, even though Miami’s Building Department has yet to get construction licenses for the project.
On this large-scale undertaking, Monroe Capital, based in Chicago, is working with Witkoff Group. The location, which is within the confines of Northwest 8th Street, Northwest 1st Avenue, and North Miami Avenue, was previously slated to become the Marriott Marquis Miami Worldcenter Hotel & Expo Center, but is now in line for a dramatic overhaul. This includes the development of three imposing structures that could rise as high as 685 feet. Nichols Architects created the design.
The proposal promises a diverse mix of apartment buildings, shops, and dining establishments. With the utility agreement signed the 700 North Miami Avenue project is preparing for its vertical construction phase, marking an important step in the redevelopment of the former Miami Arena site.
This mixed-use project will undoubtedly become a landmark addition to Miami’s skyline due to its massive scale, prominent location, and reputation of its development and design team. It will also undoubtedly play a significant role in future developments at Miami Worldcenter.
New Renderings Revealed for Legacy Residences at Miami Worldcenter
Following the purchase of additional property for the Legacy Residences at Miami Worldcenter tower project, developers have recently released updated designs.
According to a letter from the developers, the recently purchased site offered a chance to increase the size of the medical office component.
The building’s remaining spaces are made up of a 218-room hotel, a condominium with 308 residences, and several levels of office space that will contain a top-notch medical institution.
Elevations included with the application show the spire rising to a height of about 60 feet at the tower’s summit. The Project has a comprehensive list of wellness amenities, as well as a number of swimming pools, hotel ballrooms, and a sky club.
On April 19, the Miami UDRB unanimously decided to advise in favor of approving the suggested design revisions. Prior to the enlargement, the project obtained approval in 2021, and vertical construction has already started.
Building Amenities:
Signature international restaurant
Full-service cafe with locally sourced baked goods
Grand ballroom and event spaces
Shul with a kosher kitchen
Largest hotel pool deck in Downtown Miami
Rooftop atrium with event space, full-service bar, an infinity-edge pool, and sundeck
International business lounge
Microluxe residences with a high-end, high-touch holistic lifestyle experience
Health and Wellness
50,000-square-foot medical clinic with suites for health and performance
VIP health club with operating rooms and private VIP entrance
Diagnostic testing and imaging
Advanced performance testing center
Vitality spa
Residences Amenities:
Fully furnished residences
Floor-to-ceiling glass windows
Custom kitchen and bath cabinetry with stone finishes
Kitchen appliances by Bosch (or comparable)
Electrolux (or comparable) stackable washer and dryer
If you or someone you know have an interest in purchasing at Legacy Residences at Miami Worldcenter, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.