Luxury Rental Project With Food Hall Coming To Hialeah

Mar 25, 2020 No Comments by

Despite current economic uncertainties caused by the coronavirus outbreak, Shoma Homes is moving ahead with a long-planned luxury rental project in Hialeah.

The Coral Gables-based Shoma Group has finalized plans for Shoma Village, a luxury apartment rental project that calls for a 9,000-square-foot food hall and 26,000 square feet of ground-floor retail, said Masoud Shojaee, president and chairman.

The 540,588-square-foot project, spanning 5.2 acres at 401 and 435 Hialeah Drive, will include 304 units. They will range from studios with a bathroom measuring about 580 square feet to three bedroom, three bathroom units totaling about 1,300 square feet. A seven-story garage with rooftop parking, offering a total of 654 spaces, will be in the center of two 8-story towers.

Shoma will demolish a 78,003-square-foot retail center currently on site and start construction in 60 days, Shojaee said. The project is expected to be completed by December 2021. The COVID-19 outbreak is not expected to affect the schedule, he said.

 

“The plan was originally approved years ago but then we went back for revisions because we weren’t happy with the original design. We didn’t have as much retail,” Shojaee said. “And we couldn’t start earlier because we had to wait until the leases of the current tenants at the mall expired.”

Shoma hired the Kendall-based architectural firm MSA Architects and the Grove-based designBAR for the project.

Amenities will include a club room, gym with a space dedicated for yoga, pool, computer lounge, grill and gazebo, said Jose Saumell, principal of MSA Architects.

 

“There is a demand in the product that we are going to be building there,” said Shojaee. Currently, adult children of Hialeah residents are moving to Miami Lakes, which has more retail and amenities. “I want to build something so that the parents live there. The kids stay there.”

Shojaee wants to attract eight to nine food vendors for the food hall and service-oriented retailers, he said. Four retail tenants already have committed, he said.

 

Locals and residents, Shojaee said, “will be entertained. They don’t have to go to Miami Lakes. We want to make this a destination.”

 

Source:  Miami Herald

 

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Industry News, Miami-Dade County Retail, Multifamily, NA, Retail
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