Secure $26M Loan for Miami Worldcenter to Complete D-East Retail Space

Secure $26M Loan for Miami Worldcenter to Complete D-East Retail Space

Miami Worldcenter has secured a $26.1 million loan from Banco Inbursa of Mexico to complete the development’s D-East retail project. Construction is now finished, and interior build-outs are in progress, offering 54,000 square feet of retail space and a garage with 1,000 parking spaces.

Situated in downtown Miami over 27 acres, Miami Worldcenter is opening its phases one by one with three restaurants from Ariete Hospitality Group’s Michelin Star-rated Chef Michael Beltran already completed. Additionally D-East has signed high end gym Club Studio which will open its doors in 2024 as well as 600 Miami Worldcenter – a 579 unit fully furnished condominium project from Aria Development Group and Merrimac Ventures; 700 unit 65 story condo tower by New York based Naftali Group; three tower mixed use residential community from The Witkoff Group; commercial & residential mixed use project by Abbhi Capital all within the master plan for this development .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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