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Announcement

Will Bacardi family build this mixed use tower??

By
Cashflow In Miami
on
July 18, 2020

5850 SW 73rd st South Miami

The goal is to build an 11-story building with about 300 residential units, a market and retail space on the ground floor of the property at 5850 Southwest 73rd Street, where Wynn Dixie is at right now... The company is tied to the Facundo and Amalia Bacardi Foundation. Alta Developers formed a joint venture with the Bacardis to redevelop the 1.9-acre Winn-Dixie property. Property records show 5850 S.W. 73 Street LLC paid $14.5 million for the site in 2007.The South Miami Market project would include nearly 341,000 square feet of residential space, 65,000 square feet of commercial – including back of house space, a 24,000-square-foot market and 20,000 square feet of additional retail – and nearly 500 parking spaces. A pool deck would be built on the sixth floor of the building, and the developers would also improve the streetscape. Corwil Architects is designing the project.

The Winn-Dixie building was built in 1962 and now totals about 21,000 square feet of space, plus surface parking.We will see if this project takes off, cause the sign on the property says that the rezoning hearing was cancelled...

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