Joint venture partners American Landmark and BH Group have officially broken ground on The Current at City Center, marking the first phase of a monumental $1.5 billion redevelopment project in Cutler Bay, Florida. This ambitious initiative aims to transform the existing Southland Mall into Southplace City Center over the next seven years, promising a significant expansion of residential, retail, and community spaces.
Key Takeaways
- A $1.5 billion redevelopment project is underway to transform Southland Mall into Southplace City Center.
- The project will introduce 5,000 new residential units, over 500,000 square feet of retail and entertainment space, a medical center, and a hotel.
- The first phase, The Current at City Center, will feature 350 apartments and ground-floor retail, including a Presidente Supermarkets.
- The development is expected to create over 3,000 construction jobs and 5,000 permanent jobs, with projected revenue exceeding $44 million in the first five years.
Southplace City Center Vision
The expansive Southplace City Center project is designed to redefine the landscape of southern Miami-Dade. Upon completion, it will boast approximately 5,000 new market-rate apartments and condominium residences. The development will also encompass more than 500,000 square feet dedicated to retail, dining, and entertainment. Additionally, a 60,000-square-foot medical center and a 150-key hotel are planned as part of the 100-acre transformation.
The Current at City Center
The initial phase, The Current at City Center, is a crucial component of the larger redevelopment. This segment will offer 350 apartment units, a new parking garage, and 24,000 square feet of retail space. Notably, Presidente Supermarkets, a major grocery chain, will occupy the entire ground floor of this building. Residents will have access to amenities such as a resident lounge, a dog park, a pool, and a fitness center. The development also plans for outdoor community spaces suitable for events like concerts and farmers’ markets.
Economic Impact and Connectivity
The Southplace City Center project is projected to have a substantial economic impact on the region. It is anticipated to generate over 3,000 jobs during the construction phase and create approximately 5,000 permanent jobs once fully operational. The development is strategically located at 20505 S. Dixie Highway, adjacent to the new Miami-Dade County Bus Rapid Transit system, enhancing connectivity and accessibility for residents and visitors.
The retail, design, and construction teams involved include Urban Retail Properties, LLC, MSA Architects, RSP Architects, and American Engineering & Development Corp. The Current at City Center is scheduled for completion in 2027.