Development site for tower on sale in downtown Miami

20 April 2015

Wharton Equity Partners is selling a high profile, 2.1-acre site in downtown Miami that has a Metromover stop on it. Once proposed as the location for the Lynx project, it’s zoned T6-80, giving it the potential to offer a 3.2-million-square-foot project in a tower that could reach 80 stories. A price tag hasn’t been set yet, but there’s speculation that it could reach as high as $75 million. The last trading price for the property was $21.5 million in 2007. It’s one of the last remaining sites in the area with the potential for a project of this size but is currently used for parking.

Example banner for displaying an ad. It can be higher.