Nine New Towers To Form Tech-Focused Miami Innovation District

Michael Simkins is planning a nine-tower project in Park West that could help spark Miami’s nascent tech industry.
Simkins aims to establish a technology park called the Miami Innovation District, and has had discussions with ‘top 10′ tech companies to help create it. The plan includes cutting edge architecture, with SHoP Architects of Brooklyn overseeing design.
The district would be built on about ten acres that Simkins has bought just north of the Worldcenter project and the NAP of the Americas. He has submitted a Special Area Plan for the project, which meets the nine-acre minimum required for special designation under Miami 21.
About half the space in the district would be devoted to office space, with 40% devoted to residential use and 10% to retail. The residential space would include smaller apartments geared towards millenials.
If approved, the district would also include the 633-foot Miami Innovation Tower at 1031 NW First Ave., designed to display media and advertising information. It would cost $200 million, and include an observation deck, restaurants, and an indoor garden.
Miami commissioners deferred a vote on a covenant between the developer and the CRA to permit construction of the tower. Commissioners and lawyers for the developer decided that it might be possible for the tower to be approved without a vote, leading to the deferral.
 
Source:  The Next Miami

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