WRE News: Abbhi Capital Unveils Development Plans at Miami Worldcenter

Miami, FL – September 18, 2023 – Abbhi Capital is set to transform Miami World Center with a groundbreaking 2 million-square-foot mixed-use development, including the district’s first major office building. The ambitious project, which includes a 59-story residential tower and a 33-story office tower connected by a shared podium with ample parking, is headed for review by the city’s Urban Design Review Board on September 20th. Situated at 1001 N.E. First Ave, the site was acquired by SanaProperty8LLC, a subsidiary of Abbhi Capital, for a total of $44 million between 2020 and 2021. The project is set to feature 558 residential units, 368,362 square feet of office space for lease, 7,109 square feet dedicated to retail and dining, and a generous 1,319 parking spaces. Residents and tenants will enjoy a 12th-floor amenity deck boasting a pool, jacuzzi, pickleball courts, fitness center, coworking spaces, media room, and even a dog grooming station. With the majority of residential units starting on the second floor and ranging from cozy 570-square-foot studios to spacious three-bedroom units measuring 1,562 square feet, the development aims to cater to a diverse range of lifestyles.