The fast-growing 27-acre, $6 billion Miami Worldcenter continues to take form in Downtown Miami as it was recently revealed that an Apple Store is coming to the mega-project, in addition to a recently approved mixed-use tower. Apple has leased 15,000 SF of retail space at 725 NE 1st Ave where construction is already underway and renderings filed with the city in 2022 show an iconic stand-alone one-story structure right in the middle of World Square; a 20,000 SF outdoor public plaza and park at the heart of the Miami Worldcenter mixed-use mega-project. World Square is designed as a central gather place and will feature an abundance of open space, shade trees, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts. The Miami Worldcenter Apple Store will be the sixth Apple Store coming to Miami-Dade County and is expected to open in 2025.

Falcone Group, one of the main developers at Miami Worldcenter, also recently was granted approval for a new 53-story, 632’, Nichols Architects-designed mixed-use tower for Miami Worldcenter’s nearby Block C. The tower will feature a 280 room hotel, 351 condos ranging from studios to 3-bedrooms. Amenities include a fitness center, spa, bar and lounge, 25th floor pool deck. The tower will also feature 3,500 SF of retail space and an 8,000 SF restaurant.

Miami Worldcenter is one of the largest privately owned and developed urban real estate developments in Florida. The mega-project is currently coming alive in phases and features a diverse mix of residential, commercial and hospitality uses complemented by a total of 300,000 square feet of retail, restaurant, and entertainment space. Miami Worldcenter is being developed by Miami Worldcenter Associates, led by Falcone Group, Nitin Motwani of Merrimac Ventures and CIM Group.

More than 93% of the development’s retail space had been leased as of February 2024. Signed leases with concepts coming soon include Nick Jonas and John Varvatos’ Villa One Tequila Gardens, Serafina, Starbucks, Earls Kitchen + Bar, Sports & Social, Sixty Vines, Bowlero, The Container Store and Rihanna’s Savage X Fenty. Already open outlets include three new food and beverage options by Ariete Hospitality Group’s Michelin-star-rated Chef Michael Beltran, Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar; national retail brands lululemon, Sephora, and Ray-Ban; the affordable luxury citizenM Miami Worldcenter hotel; and a Lucid Motors luxury electric vehicle showroom and service center.

Miami Worldcenter is now home to three completed residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami. Additionally, construction is nearing completion at Lalezarian’s 52-story Miami World Tower 1, which will comprise 550 apartment units; at Legacy Hotel & Residences, a 50-story mixed-use tower with 310 branded residences atop a hotel and 50,000 square feet of medical office space; at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments; and at The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures.

Planned developments include three additional residential towers developed by Lalezarian with 2,000 multifamily units; 600 Miami Worldcenter, a 579-unit fully furnished condominium by Aria Development Group and Merrimac Ventures; JEM Private Residences, a 67-story mixed use luxury residential tower with 259 condos and about 500 apartment units by New York-based developer Naftali Group; a two-tower mixed-use residential and commercial development by Abbhi Capital; and a three-tower mixed-use residential project by The Witkoff Group.

Block C Mixed-Use Tower:

Renderings via Nichols Architects, City of Miami and Lifang