MIAMI-South Miami-Dade County is about 24 months away from greeting a $150 million mixed-used re-urbanization project planned on the 7 ½-acre site that Williamson Cadillac occupied for three decades along North Kendall Drive and Dadeland Boulevard.

Gulfside Development Inc. is scheduled to break ground by summer 2002 on Downtown Dadeland, a venture that will comprise 150,000 sf of retail, 330 condominium units and an undetermined amount of office condominium units among seven clustered buildings in the four-story to seven-story range.

Completion is tentatively scheduled for early 2004. Downtown Dadeland will be near the existing 1.1 million-sf Dadeland Mall, major hotels, supermarkets and restaurants.

Prime Sites Inc., which is handling leasing for the retail component, already has contracts for an undisclosed amount of space with Borders Books, Office Depot and Starbucks, Daniel O’Grady, a Prime Sites principal, says in a prepared statement.

“An extremely impressive mix of tenants is actively pursuing the project,” Monette O’Grady, another Prime Sites principal, says in the same statement. Project rent ranges were not disclosed.

Ron Shuffield, president, EWM, Downtown Dadeland’s exclusive sales representative, for the residential and office condo sectors, says “simply on word of mouth, we already have a list of hundreds of people who have expressed interest.”

The condo residences will comprise studios, one, two and three-bedroom homes from 400 sf to 1,350 sf of living area. Prices will be in the low $100s to the low $300s. An undetermined amount of underground parking will be available to tenants.

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