The 86,000-square-foot retail/showroom project is located in a Miami Design District Opportunity Zone.
MIAMI—Development firm BH3 reports it has finalized plans to develop a new nine-story retail and showroom project in a Miami Design District Opportunity Zone.
The 86,000-square-foot development at 3801 N. Miami Ave. when completed will be the first and largest ground-up Opportunity Zone project in this highly-desirable submarket.
Ground breaking is anticipated for second quarter 2020 with delivery in third quarter 2021. Pre-leasing is scheduled to commence in October 2019 with rents being offered at significantly lower than other retail space in the market, BH3 states. Segal Suarez is the architect for the development.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
