Terra introduces CentroCity

A mixed-use project will soon change the landscape of West Little Havana.

Terra recently introduced its master plans for the 38-acre CentroCity, a mixed-use development with “up to 1,200 market-rate residential apartments, green space for residents, an office building, and a revamped shopping center with 300,000 square feet of lifestyle-oriented retail and restaurant space anchored by a 77,000-square-foot Target store,” according to a release. The property is bordered by Northwest 37th Avenue on the east, Northwest 7th Street on the south, Northwest 39th Avenue on the west and Northwest 11th Street on the north.

“Our mission at Terra is to improve communities through developments that fill a void in the market, and that’s exactly what we plan to do at CentroCity,” said David Martin, CEO of Terra, in the release. “Our goal is to enhance this underutilized asset and make it a more positive contributor to the community through low-impact infill development that will enhance the property while bringing much-needed market-rate housing to the neighborhood.”

The development will actually begin with the redeveloping of the current Central Shopping Plaza by RSP Architects with new signs, common areas, landscaping and more. The first phase will cover the residential component, designed by Arquitectonica: three eight-story multifamily buildings that include 460 garden-style rental apartments and feature pool decks, courtyards and landscaped sidewalks. Residential amenities will include poolside cabanas, playground, dog park, lounges, game rooms and barbecue grill areas.

Further phases will add a 250,000 square foot class A commercial office and more multifamily units. Ultimately, CentroCity will feature seven multifamily buildings behind an L-shaped shopping center anchored by a 77,000-square-foot Target.

Construction is scheduled to begin this summer.

You May Also Like
Breaking the Glass Ceiling in Senior Living

Melissa Honig becomes the first woman CEO in John Knox Village’s history, signaling a thoughtful evolution in Florida senior living.

Read More
A woman with long, straight blonde hair smiles broadly at the camera. She is wearing a sleeveless pink and white top and is posed in front of a plain, light-colored background. South Florida Business & Wealth
Where the Money Still Says “Yes”

In Fort Lauderdale and beyond, lenders and buyers are voting for proven assets, strong locations, and real demand.

Read More
Aerial view of a waterfront cityscape with tall modern buildings, a large hotel or convention center, palm trees, and several yachts docked along a marina under a partly cloudy sky. South Florida Business & Wealth
Rewriting the Blueprint

From development and design to brokerage and urban planning, these women are changing not just skylines, but the culture behind them.

Read More
Blueprint-style illustration featuring silhouettes of five women holding blueprints, standing in front of a cityscape and architectural plans, with the text “The Women Rewriting The Blueprint” prominently displayed above. South Florida Business & Wealth
Radence Plants Its Flag in West Palm Beach

The precision health company selects South Florida for its flagship hub, underscoring the region’s rising influence in healthcare innovation.

Read More
Skyline of West Palm Beach at sunset with modern buildings reflected in the water. Text reads: "Radence Chooses West Palm Beach for Flagship Hub—Boosting South Florida’s Role in Healthcare and Technology Innovation. South Florida Business & Wealth
Other Posts
PEBB Enterprises Sells Cypress Creek Office Asset for $11.93 Million

Longtime owner exits the 6400 Building as it sharpens focus on new South Florida office opportunities

Read More
Memorial’s Recent Moves

Rita Bunch added to Hospital’s Leadership Team

Read More
A woman with wavy, light brown hair smiles at the camera. She is wearing a dark-colored blazer and a light-colored blouse. The background is a soft blue gradient. South Florida Business & Wealth
A Quiet Week, Not a Slow One

Broward’s Latest Business Moves— and What’s Coming

Read More
A charming street with outdoor café seating, tables and chairs lined up, shopfronts with awnings, and string lights; text reads "Broward’s Latest Business Moves. A look at the announcements that actually mattered this week. South Florida Business & Wealth
Why Billionaire Migration Matters to South Florida’s Economy

From real estate to financial services, the impact of wealth relocation is becoming increasingly local.

Read More
Two men in business suits stand in front of a backdrop featuring a city skyline with tall buildings, water, and luxury waterfront homes surrounded by palm trees, under a clear blue sky. South Florida Business & Wealth