Miami Metrocenter: A $10 Billion Downtown Redevelopment Plan

Miami-Dade County is moving forward with plans to redevelop 17 acres in downtown Miami into Miami Metrocenter, a transformative $10 billion mixed-use project. The redevelopment will take place around the Stephen P. Clark Government Center, introducing residences, office spaces, cultural venues, and transit hubs to revitalize the urban core. A formal request for proposals (RFP) is expected in 2025, attracting top-tier developers eager to compete for the opportunity.

Top Development Teams Competing for Miami Metrocenter

Three major development teams are in the running for this massive project:

1. Related Urban, 13th Floor Investments, and Merrimac Ventures – These firms specialize in affordable and transit-oriented housing. They have led projects like Liberty Square and Link at Douglas.
2. Terra, Atlantic Pacific Companies, and Sterling Bay – This group focuses on mixed-use developments. They played a key role in Grove Central and other housing initiatives in Kendall.
3. Florida Value Partners, Cornerstone Group, and John Buck Co. – Experts in workforce housing, they are also planning a mixed-use tower near the government center.

What Will Miami Metrocenter Bring to Downtown?

Once completed, Miami Metrocenter will introduce:

• 6,000–8,500 new residences, catering to a range of income levels.
• Modern office spaces, strengthening Miami’s position as a global business hub.
• A cultural arts campus, supporting local and international artists.
• A wellness center, offering health and fitness amenities.
• The Downtown Intermodal Terminal, connecting major public transit systems.

To accommodate these changes, the county may demolish existing facilities, including the HistoryMiami Museum and the main library. While controversial, officials argue that new facilities and improved transit access will benefit the community.

What’s Next for Miami Metrocenter?

As Miami-Dade County prepares the RFP process, city leaders and residents await more details. If successfully executed, Miami Metrocenter will become one of the most significant urban redevelopments in South Florida’s history.

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