The Magic City Innovation District Special Area Plan was submitted to the city of Miami for review last month.

According to the documents, the developers are proposing to build:

  • 2,490 residential units
  • 1,763,820 office square feet (net)
  • 432 hotel rooms
  • 313,165 retail square feet (net)
  • 5,547 parking spaces in garages

In total, 17 buildings with the tallest at 27 stories are planned. Completion of the entire conccpt will take 10-15 years, with construction to begin in 2020, according to the project website (although existing buildings will be rehabilitated before then).

In a letter, the developer says they intend to build a Transit Oriented Development, with a stop to be built on the Brightline/Tri-Rail Coastal Link track.

Cirque Du Soleil Billionaire Guy Laliberté is listed as having a stake on an ownership statement submitted with the proposal.

Arquitectonica is the architect.

Source: The Next Miami