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Medical tenants are losing space as the University of Miami Health System and Jackson Health System grow inside their current structures. These tenants now require additional medical office space.
Foundry Commercial and Wheelock Street Capital acquired 31-acre site.
Both projects are expected to open in early 2027.
The new plan does not increase the density of the project, but it allows WPG to build across the entire 53-acre site and demolish the existing mall. It also adds the option for a medical district with nursing facilities, a hospital and more.
An affiliate of Rok Lending filed suit against Gomez Development Group alleging that the Miami-based developer has defaulted on a $15M loan for the property at 21291 NE 28th Ave.