The latest addition to the downtown Miami Worldcenter will be a luxury condominium-hotel skyscraper that promises to be a novel product for Miami. The Legacy Hotel & Residences will have a 255-key hotel below 278 branded condo units from the 26th to 39th floors. This will be Miami-based developer Royal Palm Cos.’ second high-rise at Miami Worldcenter after completing the Paramount condo tower this year.
Legacy’s novelty is a combination of micro-living, short-term rentals and branded residences. The micro-luxury condo units include studios as small as 362 square feet plus larger one- and two-bedroom units as well as two-bedroom duplexes. Owners will be able to rent their homes on a short-term basis without restrictions using either the tower’s hotel rental services or platforms such as Airbnb.
Legacy will offer 486-square-foot and 518-square-foot one-bedroom units; 811-square-foot and 911-square-foot two bedrooms with terraces; and 950-square-foot two-bedroom duplexes, according to a tower fact sheet. Condo sales began last week with furnished units starting at $300,000. The tower also will provide luxury amenities and a centrally located hotel near the Wynwood Arts District, Design District as well as attractions such as Perez Art Museum Miami and the Arsht Center for the Performing Arts.
“When travelers come to Miami and stay on the beach, they find themselves inevitably crossing the bridge to the mainland where all the latest attractions are,” Royal Palm CEO Dan Kodsi said in a news release. The company is “filling a void for the leisure traveler who doesn’t have a downtown hotel with resort-style amenities in the center of it all.” Amenities include a cantilevered swimming pool and 1-acre pool deck, which marketing materials say will be biggest downtown.
There also will be a medical and wellness center and a members-only business lounge. The signature amenity will be a seven-story atrium on top. The architect is Miami-based Kobi Karp Architecture & Interior Design Inc., and the interior designer is Fort Lauderdale-based ID & Design International.
The tower will rise on the southwest corner of Northeast 10th Street and First Avenue at 942 NE First Ave. in the Miami Worldcenter footprint.
