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According to a recent report, Miami continues to show strong trends regarding flight-to-quality as both new-to-market and existing tenants seek new Class A and Trophy product space.

The property consists of 0.86 acres with T6-80-0 zoning allowing a tremendous development opportunity for up to 800 residential units and 120 hotel rooms.

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The city’s Urban Development Review Board approved plans for Miami Worldcenter Block C, located on the 0.68-acre site at 155 N.E. 10th St., on March 20.

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The 1,049-foot building will be the tallest in Miami.

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The $60 million US Department of Transportation grant, which is the largest received in the city’s history according to the mayor, marks a critical leap forward for the I-395 Underdeck and signature bridge.