Under Construction

700 North Miami Avenue

Miami · Residences

700 North Miami Avenue is a three-tower mixed-use development rising on one of the last undeveloped parcels in Downtown Miami's Worldcenter district, where sitework began in July 2026 after more than four years of planning.

2.4 yrs to delivery
43%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2028
Completion
2346
Units
53
Floors
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The story so far
Announced 2028 est.
Under construction
Expected opening 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

700 North Miami Avenue is a three-tower mixed-use development rising on one of the last undeveloped parcels in Downtown Miami's Worldcenter district, where sitework began in July 2026 after more than four years of planning. Designed by Kobi Karp Architecture & Interior Design and built in three phases, the project will bring towers of 50, 51, and 53 stories. The first tower reaches 600 feet with 894 residences, 17,367 square feet of ground-floor retail, and a nine-story parking garage. At full buildout across all three phases, the venture will hold 2,346 residential units, more than 30,000 square feet of commercial space, and 2,078 parking spaces spanning roughly 167,237 square feet. Developed by Witkoff Group and Monroe Capital, which secured more than $300 million in financing and purchased the five-acre site for $94 million in 2021, the project is under construction with Coastal Construction as general contractor; a timeline for the second and third towers has not been disclosed.

Developer & design
The Miami market 94 · Saturated supplyMiami Worldcenter 80-project pipeline · 32,295 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is 700 North Miami Avenue located?

700 North Miami Avenue is located in Miami.

When will 700 North Miami Avenue be completed?

700 North Miami Avenue is under construction, with completion expected in 2028.

Who is developing 700 North Miami Avenue?

Witkoff Group, Monroe Capital is the developer behind 700 North Miami Avenue.

Who designed 700 North Miami Avenue?

700 North Miami Avenue was designed by Kobi Karp.

How big is 700 North Miami Avenue?

700 North Miami Avenue rises 53 stories with 2346 residences.