The owner of the Doral Center office building plans to construct two apartment buildings in its parking lot.
Centrum Doral Owner LLC, affiliated with Miami’s Banyan Street Capital, will present its proposal to the City Council. This amendment targets a 12.4-acre site at 8750 NW 36th Street, adjacent to the Trump National Doral Miami Resort.
Currently, the property features two office buildings with a total of 295,134 square feet and a parking garage, built in 1985 and 1990. Acquired for $43 million in 2020, the site was previously approved for a hotel and additional office space. The new plan seeks to replace the hotel with 330 apartments, 50,866 square feet of office space, and 4,200 square feet for retail/restaurants, alongside the existing CVS.
Attorney Tracy R. Slavens stated that the apartments will be built southwest of the parking garage, along the canal. While there are no immediate plans for additional retail or office space, the master plan retains that option.
The proposal claims that converting the hotel to apartments won’t increase vehicle trips on the site. This trend of repurposing parking lots for multifamily housing aims to boost property values and support South Florida’s office market amidst shifts to remote work.