Preliminary plans for what will become the Southplace City Center include a 150-key hotel, 60,000 square feet of medical office space, a terraced community amphitheater, golf cart trails, a trolley system, restaurants, retail and approximately 4,400 housing units to be built over a seven-year period.
The 68-story building would have the largest office floor plates of any building in downtown Miami or Brickell.
Brokers are particularly seeing buyers from Brazil, Argentina and Colombia.
In total, 15 restaurants in the Miami area made the top 100 list in 2021. That is more than all of the restaurants in both New York (10) and California (11).
The labor union has owned the site for more than 45 years and previously operated a 5,130-square-foot building on the parcel.