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Park West Development Site Sale

Sector: Bridge • Location: Miami, Florida, United States

Source: The Real Deal

Project
Listed For Sale

Michael and Ron Simkins’ Lion Development Group and Marc Roberts are listing a 6.6-acre development site in downtown Miami/Park West for sale with an asking price of $500 million. The site is located at 1151 Northwest First Avenue, north of the Miami Worldcenter mixed-use complex. Zoning allows for a 4.8 million-square-foot development with 3,300 residential and hotel units, which can be increased

Status
Prospective
Sector
Bridge, Hotel, Residential
Location
Miami, Florida, United States of America
Updated
22 Jul 2026
Source
The Real Deal

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Project Information

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The project “Park West Development Site Sale” is an infrastructure initiative in the Bridge sector, located in Miami, Florida, United States. Taiyo aggregates data on it from The Real Deal.

Participants

Not available for this record.

Status

Original status

listed for sale

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Michael and Ron Simkins’ Lion Development Group and Marc Roberts are listing a 6.6-acre development site in downtown Miami/Park West for sale with an asking price of $500 million. The site is located at 1151 Northwest First Avenue, north of the Miami Worldcenter mixed-use complex. Zoning allows for a 4.8 million-square-foot development with 3,300 residential and hotel units, which can be increased to 10 million square feet and 6,600 units under the Live Local Act. The site is near the under-construction Interstate 395 signature bridge project, which has faced delays and is now expected to complete in 2029.

Original sector

Development

Budget

Location

Country

United States of America (USA)

State

Florida

City

Miami

Source

Source

The Real Deal

URL

More Details

Record type

Project

Sector

Bridge, Hotel, Residential

Article published date

2026-04-18

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