Miami Worldcenter First Phase of Construction Has Been Approved

Soon to be the second largest urban development in the entire country, Miami Worldcenter is well on its way after getting its approval for its first phase of construction from the city of Miami. Developers of the hottest new project in Miami, Miami Worldcenter Associates, will begin to seek building permits for the first phase of the mega-project, which will include the 765,000-square foot shopping mall.

The Mall at Miami Worldcenter is included in the first phase because developers plan for the entire shopping mall to be complete BEFORE completion of the signature residential tower atop the mall, Paramount Miami Worldcenter. This is to ensure that residents of Paramount Miami will not have to deal with the headaches of construction when they are closing and moving into their luxury residences. Also, the developer wants residents of Paramount Miami to have the ability to move in and immediately begin using the mall and all the restaurants and entertainment it has to offer.

The first phase of construction of Miami Worldcenter is estimated to break ground in the third quarter of 2015 with an estimated completion date sometime in 2017. The Paramount Miami Worldcenter condo tower is scheduled to break ground at the same time, since it is built as part of the Mall at Miami Worldcenter, with a completion date of mid-2018.