Update: Miami Worldcenter and Centurion Join to Move Forward with Park West


Updating previous Haute Living blogs and print coverage, Miami Worldcenter Group has partnered with California-based Centurion Partners for the planned rehab of downtown Miami’s Park West area. Centurion, a lifestyle resorts and urban develop that is a major land owner in Aspen and a developer of a mixed-use project in downtown San Diego, signed up last week as both equity and development partner of the enormous nine-block mixed-use project that was given the green light by Miami’s city commission in November. The complex’s vision has been spearheaded by MWG co-chairmen Marc Roberts and Art Falcone, who have been takinf the down market as the opportunity to focus on infrastructure plans and manage the process with an eye on benefitting the project’s end result. With its first Miami project, Centurion will now be a major player in the build’s master plan, which includes 450,000 square feet of retail, restaurant, and entertainment space in phase one, as well as 1.3 million square feet for several hotels and 800,000 square feet of parking. With Centurion now entrenched the Miami Worldcenter group is not looking for more development partners. The partnership is a marriage of MWG’s planning skills and Centurion’s first-rate reputation in high-rise construction.

Via Miami News Today