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1001 NE 1st AveMiami, FL 33132
One Miami World
Asset ClassLand, Multifamily, Mixed Use
One of the Final Developable, 2+-Acre Sites Within the $6 Billion Miami Worldcenter Master Plan
overview of deal

Overview

Cushman & Wakefield is pleased to present One Miami World, the final development site within the $6 billion master-planned Miami Worldcenter district. Spanning 2.19 acres at the gateway to Downtown Miami, the site offers a generational opportunity to complete one of the most active urban growth corridors in the United States.

 

At the northern end of Miami Worldcenter, One Miami World's visibility destines the Property to become a landmark "entryway" development into one of the world's fastest-growing cities. The Property is encircled by billions of dollars in active investments. The Site sits adjacent to JEM Private Residences, a luxury tower with an estimated ~$800M sell-out - and near trophy assets including the Waldorf Astoria Residences Miami, the future tallest tower south of New York.

 

At the forefront of Downtown Miami, One Miami World sits across from the I-395 Signature Bridge, and the future Underdeck - a 33-acre, mile-long linear park. One block from the Site is Museum Park, a 30-acre waterfront cultural campus anchored by the Pérez Art Museum Miami and Frost Museum of Science, which together represent more than $500M of recent public and institutional investment.

 

Connectivity is exceptional, with a Transit Score of 99 and Walk Score of 92. The site is within walking distance of MiamiCentral, South Florida's premier transit hub and the region's only convergence of four rail networks: Brightline (Miami–Orlando), Tri-Rail (commuter rail to West Palm Beach), Metrorail (rapid transit to Dadeland South), and Metromover (Downtown & Brickell), linking South Dade to Central Florida.

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Investment Highlights

  • Surrounded by luxury condos with $2,000/psf - $2,600/psf sell-out
  • 99 transit score and 92 walk score
  • $12 BILLION in neighboring condo sell-out and condo construction financing
  • Neighboring the recipient of largest C-PACE loan in Florida history
  • MWC Block A - Gateway site to Downtown Miami
  • Across the street from I-395 Signature Bridge and Underdeck
1001 NE 1st AveMiami, FL 33132
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