Bugle Miami

3-Tower Downtown Miami Redevelopment Moves Forward With Draft Agreement

A proposal to replace a downtown Miami parking garage with a 3-tower project continued to move forward last month.

Related Group and ROVR Development were the top-ranked bidders to redevelop the College Station Garage, which is controlled by the Miami Parking Authority.

In February, the Miami Parking Authority’s Off-Street Parking Board voted unanimously to move forward with the Related/ROVR bid.

Alejandra Argudin, the CEO of the MPA, told the board at a June 8 meeting that a draft agreement had been prepared and was being reviewed, with meetings continuing with the developers.

The three towers will feature a cascading design, with a design by Arquitectonica. The towers will range between 39 and 48 stories, and will be illuminated at night.

The project is proposed to include:

  • 1,200 rental apartments (average unit size: 722 square feet)
  • 1,357 Miami Parking Authority parking spaces over 8 levels (replacing the existing 7-level, 1,439 space MPA garage)
  • Ground floor retail, with a potential fire station, urgent care, and art center

Construction is expected to begin in early 2023, the developers said earlier this year.

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