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Will Mishorim Ever Rise Up?

Cashflow In Miami
January 31, 2021

255 NE 1st St, Miami, FL 33132

Israel’s Mishorim has submitted plans to build Mishorim Towers in downtown Miami in July 2019....

Mishorim Towers is proposed to include:

  • Twin towers, 63 stories (701 feet) and 55 stories (597 feet)
  • 1,006,004 square feet of floor area
  • 800 residential units
  • 120 hotel units
  • 7,110 square feet of commercial space
  • 264 parking spaces

Mishorim is publicly traded on the Tel Aviv Stock Exchange and based in Bnei Brak, Israel. The company owns the parking garage currently on the site, which was built in 1973 on an .86 acre property.

Thirteen waivers were requested from Miami 21 zoning code requirements.

Kobi Karp isthe architect for the proposed development.

Will this materialize?


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