Park West dev site listed for $500M next to E11even residences
Michael and Ron Simkins’ Lion Development Group and Marc Roberts want to offload a 6.6-acre development site in the downtown Miami/Park West area, with an asking price of $500 million, The Real Deal has learned. The assemblage is at 1151 Northwest First Avenue, north of the Miami Worldcenter mixed-use complex, according to a news release from CBRE, which is marketing the site. Robert Given and Bradley Capas are part of the brokerage’s team listing the property. A sale at the asking price would break down to $75.8 million per acre. Zoning allows for a 4.8 million-square-foot development across property types […]This article originally appeared on The Real Deal. Click here to read the full story.
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