CLIENT NEWS: North Miami Beach food market site could be replaced with 3 towers
February 28, 2023The former home of Laurenzo’s Italian Market in North Miami Beach could be redeveloped into a mixed-use project with three towers.
May NMB LLC, an affiliate of Lakewood, New Jersey-based Accurate Builders, filed a municipal pre-application with Miami-Dade County concerning the 3.03-acre site at 16445 and 16385 W. Dixie Highway, plus 2255 N.E. 164th St. The site currently has 52,120 square feet of commercial space, mostly the old market.
Laurenzo’s Italian Market closed in 2019 after 69 years in business. Laurenzo’s Italian Center, Laurenzo Brothers Property and 2255 Land Associates have agreed to sell the property to May NMB LLC.
The project would total 2.08 million square feet with three towers of 34 stories each connected by a parking podium. The building would extend over Northeast 164th Street, so cars could drive underneath the structure.
It would feature 1,217 residential units, 23,279 square feet of commercial space and 1,622 parking spaces, include 36 electric vehicle chargers. The amenity deck on the ninth floor would have three lawn areas, two pools, a spa, a pet run and a playground.
The project would have 171 studio apartments, 538 one-bedroom units, 109 one-bedroom units, with dens, 252 two-bedroom units, 74 two-bedroom units with dens, and 73 three-bedroom units.
The application describes the project as being developed in three phases, starting with 449 apartments, 18,476 square feet of commercial space and 1,192 parking spaces. The second phase would be 419 units. The final phase would consist of 349 units, 4,803 square feet of commercial space and the rest of the parking spaces.
The project would require the realignment of several streets, including Northeast 22nd Avenue, and the creation of a westbound left turn lane.
Miami-based attorney Matthew Amster, who represents the developer in the application, couldn’t be reached for comment. Miami-based RSP Architects designed the project.
“The thoughtfully designed podium and towers offer a desirable mix of uses and open space that will create pedestrian-oriented spaces where people can live, work and play,” the developer stated in the application. “The proposed development will contribute to the creation of a modern urban downtown area, synergizing with other nearby and future developments.”
This project would also require approval from the North Miami Beach City Commission.
There’s been a wave of redevelopment in North Miami Beach after the city increased density several years ago. In fact, BH Group has proposed a 32-story apartment tower on a neighboring site.
