Metro1 will focus on commercial leasing, luxury and healthcare real estate. It will represent clients throughout the city, but focus on the area north of the Performing Arts Center between Biscayne Bay and Interstate 95. Metro1 plans to establish strategic relationships with businesses, government agencies, nonprofit organizations and entertainment agencies to further development efforts.

Metro1 founder and CEO Tony Cho tells GlobeSt.com that he had been working in the field of marketing specializing in urban redevelopment when he was inspired to create the new company. "Since mixed-use development is increasingly considered a key element in the success of in-city development, we chose to create a 'mixed-use brokerage' able to understand and blend the disciplines needed to succeed in such an environment," Cho says.

The organization will seek to foster urban renewal and promote the development of work force housing throughout the city by supporting the expansion of public transportation through projects such as the city's planned streetcar system along NE 2nd Avenue. Depending upon the project, Metro1 may represent developers, investors or others involved in the project. Among current initiatives is Rail 72, a project that will bring 76 live-work loft spaces on 72nd Street. "Our vision is to become the authority for urban living in Miami in all aspects," Cho says.