Terra, an active residential and commercial development firm in South Florida, has announced plans for a 38-acre mixed-use project in the center of Miami-Dade County.
Currently known as Central Shopping Plaza, the master plan community will be named Centrocity. It will include up to 1,200 residential apartments, green space, an office building and shopping center with 300,000 square feet of retail and restaurant space and a 77,000-square-foot Target as the anchor store.
“Our mission at Terra is to improve communities through developments that fill a void in the market, and that’s exactly what we plan to do at Centrocity,” David Martin, CEO of Terra, stated in a press release. “Our goal is to enhance this underutilized asset and make it a more positive contributor to the community through low-impact infill development that will enhance the property, while bringing much needed market-rate housing to our neighborhood.”
The development is in Miami’s West Little Havana neighborhood and will be constructed in phases, starting with the retail component and followed by the residential development and then the commercial aspects of the project. The residential buildings will include a series of courtyards, pool decks and landscaped sidewalks. Community amenities will include multiple pools, poolside cabanas, barbecue grill areas, a playground and dog park, resident lounges and game rooms, among others.