Starwood Capital Group wants to redevelop part of the Mall at Wellington Green with mixed uses, including apartments, a hotel, and a swimming lagoon.
The plans are part of a trend of South Florida malls being repurposed as mixed-use to diversify their income streams as traditional retailers face competition from e-commerce.
In this case, the building that housed a Nordstrom department store, until it closed earlier this year, would be demolished. Overall, about 112,000 square feet of the 1.27 million-square-foot mall at 10300 Forest Hills Blvd. would be demolished to make way for the new buildings and public spaces. The mall covers 456.3 acres.
TM Wellington Green Mall, part of Miami Beach-based Starwood Capital Group, filed an amended master plan for the mall on Sept. 30. Officials from the Village of Wellington said the application is still under review by staff and no public hearings are scheduled. It will require Village Council approval.
“Our development group is looking forward to meeting with the village representatives soon to discuss in detail the plans and of course to gather their feedback,” said Jay Botsch, general manager of the Mall at Wellington Green.
The first phase of the project would have 700 multifamily units in two buildings, 150 hotel rooms in a building of 107,000 square feet, 22,000 square feet of restaurants, and 8.25 acres of recreation. The latter use would include a 3.5-acre Crystal Lagoon – a manmade body of clear water for swimming – and a boardwalk along it. A Crystal Lagoon was recently built at the Solé Mia in North Miami.
“This family-central amenity gives the users an opportunity for a lifestyle experience: ideal for swimming, water sports, socializing, movies on the green, community events, and more,” the developer stated in the application.
The second phase would have another 350 multifamily units, another 150 hotel rooms, and 90,000 square feet of office space. More specific building designs would be submitted if the new master plan is approved.
The plan was crafted by 505 Design. Attorney Harvey E. Oyer III represents the developer in the application.
The developer’s traffic study said the project would create 4,721 net new vehicle trips daily.
Meanwhile, another developer is planning to build senior housing next to the Mall at Wellington Green.
Source: South Florida Business Journal
Article Written By: Brian Bandell