Codina Partners is nearing the finish line at Downtown Doral.
The Coral Gables-based firm will develop 25,000 square feet of retail with 13 tenant units and rooftop amenities such as pickleball courts, as well as garages with 929 spaces along Northwest 87th Avenue, according to a Codina news release.
Construction of the retail is expected to start this summer and completion is slated for the second or third quarter of next year, a spokesperson said.
Codina also will raze aging office buildings once part of the Koger Center, freeing up 25 acres along Northwest 52nd Terrace and 53rd Street. The firm preliminarily plans residences on the site, including a gated single-family home complex and multifamily. The spokesperson didn’t provide details on the number of units and buildings, only saying the office park redevelopment will start next year.
The Koger Center buildings at 8200, 8240 and 8350 Northwest 52nd Terrace, as well as 8300 Northwest 53rd Street were built from 1987 to 1999, property records show.
Led by father-daughter duo Armand Codina and Ana-Marie Codina Barlick, Codina took the lead in developing the 250-acre Downtown Doral in the Miami-Dade County city. The complex now consists of 5,000 residences, including single-family houses, townhomes and condos; 660,000 square feet of offices; 40 shops and restaurants; two charter schools; and Doral Government Center, including City Hall, according to the release. Downtown Doral also has a 3-acre park and a 14,000-square-foot cultural center.
Over the years, Codina sold portions of Downtown Doral to other investors. In 2019, the developer sold a 4-acre lot at 8425 Northwest 41st Street for $19.3 million to Greystar. After completing the eight-story, 385-unit Céntrico by Windsor Apartments in 2020, Greystar sold it to GID for $149.8 million in 2022.
Homebuilder Lennar also plans the Urbana condo and townhouse community at 8370 Northwest 49th Street in Downtown Doral, according to the firm’s website. Pre-sales have launched, with prices ranging from $715,000 to $943,000.