MIAMI-Demolition has begun on the 30-year-old Williamson Cadillac dealership here to make way for the $150 million mixed-use Downtown Dadeland project. Developers Jackson Ward and Stefan Johansson of Gulfside Development Inc. bought the 7.5-acre parcel, which will be home to the new development, for $22 million approximately a month ago. The property is located at 7250 N. Kendall Drive across from Dadeland Mall.

Downtown Dadeland is planned for 416 condominium units and approximately 150,000 sf of retail and restaurant space. The project will be housed in seven clustered low-rise buildings.

Presales of the units have reached 60%. Currently, residences range from the $100,000 to $500,000. Floor plans include one-, two- and three-bedroom homes, as well as studios.

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