Codina Associates is nearing the finish line at Downtown Doral.
The Coral Gables-primarily based agency will create 25,000 sq. feet of retail with 13 tenant units and rooftop facilities these as pickleball courts, as very well as garages with 929 areas together Northwest 87th Avenue, in accordance to a Codina information release.
Building of the retail is envisioned to begin this summer and completion is slated for the next or 3rd quarter of subsequent calendar year, a spokesperson claimed.
Codina also will raze growing older business office properties at the time portion of the Koger Heart, freeing up 25 acres alongside Northwest 52nd Terrace and 53rd Avenue. The company preliminarily plans residences on the web site, which includes a gated one-spouse and children residence complex and multifamily. The spokesperson didn’t supply facts on the selection of units and properties, only saying the place of work park redevelopment will start out next calendar year.
The Koger Heart properties at 8200, 8240 and 8350 Northwest 52nd Terrace, as effectively as 8300 Northwest 53rd Avenue were designed from 1987 to 1999, residence data clearly show.
Led by father-daughter duo Armand Codina and Ana-Marie Codina Barlick, Codina took the direct in establishing the 250-acre Downtown Doral in the Miami-Dade County city. The advanced now is composed of 5,000 residences, like solitary-relatives properties, townhomes and condos 660,000 square ft of places of work 40 retailers and dining places two charter universities and Doral Govt Center, like Metropolis Hall, according to the release. Downtown Doral also has a 3-acre park and a 14,000-sq.-foot cultural middle.
Over the years, Codina offered portions of Downtown Doral to other buyers. In 2019, the developer offered a 4-acre large amount at 8425 Northwest 41st Avenue for $19.3 million to Greystar. Right after completing the eight-story, 385-unit Céntrico by Windsor Residences in 2020, Greystar bought it to GID for $149.8 million in 2022.
Homebuilder Lennar also designs the Urbana rental and townhouse group at 8370 Northwest 49th Avenue in Downtown Doral, according to the firm’s website. Pre-revenue have launched, with selling prices ranging from $715,000 to $943,000.
