Miami-Dade County is accepting bids for the redevelopment of a 17-acre parcel it owns in Miami's downtown Government Center District into a mixed-use MetroCenter that may include up to 24M SF of new commercial space.
The county's 17-acre parcel—which is more than half of the city's 28-acre Government Center District—comes with air rights ranging from 550 feet to 750 feet. The winning bid will get a 99-year ground lease for the land, for which the county said it would collect market-rate ground rents.
Branding the MetroCenter project "the Next Miami" and estimating its value at $10B, the county's RFP said Miami-Dade is seeking a public-private partnership for the project. The county said it wants proposals that are transit-oriented and "of world-class urban design, including excellence in architecture and walkability."
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