Rieber Developments and Berca Development have received full site plan approval for Park Square Doral, a mixed-use condominium project planned in the Doral commercial corridor. The development is programmed as a 58,000-square-foot community that will combine office and retail space in a single for-sale format, targeting users seeking ownership positions in a commercial setting.
The project is planned on a 3.25-acre parcel at 7200 NW 102nd Avenue and will be delivered across three separate buildings. At full buildout, Park Square Doral is expected to include 40,000 square feet of retail and restaurant space, along with 18,000 square feet of office space. The tallest structure in the complex is designed to rise three stories, while the overall program emphasizes a mix of office and street-oriented retail uses within the same campus.
Pre-sales activity is underway and has generated $20 million in pre-construction sales to date. According to the development team, this early demand represents 50% of the project being sold prior to the start of construction, indicating significant buyer interest in the office and retail condominium concept at this location. The units are being offered on a price-per-square-foot basis rather than as a single bulk investment.
Retail condominium space at Park Square Doral is being marketed at prices above $990 per square foot, while office units are being sold at prices above $670 per square foot. These pricing benchmarks frame the project within the higher end of the local user-condo market and provide a reference point for both retail and office users considering ownership versus leasing in the surrounding commercial area.
Sales and marketing responsibilities for Park Square Doral are being handled by Fortune Christie’s International Real Estate, which is bringing the units to market on behalf of the development team. PPK Architect is credited with the design of the three-building complex, and Vandrak Construction served as the general contractor for the project.
Park Square Doral is positioned as a condominium office and retail destination within the established Doral commercial corridor, with site plan approvals now in place and a significant portion of its space already spoken for through pre-construction contracts. The combination of retail and office components, along with individual condominium ownership, is intended to support a diverse mix of end users once construction proceeds.
