The latest plans for Trump Doral International call for 1,498 condos in four towers of 20 stories each, 141,694 square feet of commercial space with mostly retail and restaurants, and a significant amount of public space, including a public plaza.
As evidenced by Prologis Research’s U.S. Industrial Business Indicator, a post-pandemic building boom is coming to an end, with only 46 million square feet of speculative projects breaking ground in Q2. This will leave customers with dwindling options in many locations and size categories.
The Class-A industrial complex will feature two LEED-certified buildings totaling 326,448 square feet. The project will be developed on a speculative basis, with vertical construction slated to begin later this year and delivery expected in the third quarter of 2025.
Doral Marketplace is an anomaly of sorts, as few developers are starting strictly retail projects with restaurants and service providers in South Florida. The development site is next to Chicago-based Bridge Industrial’s 2.6 million-square-foot Bridge Point project that’s under construction.