Time Century Holdings Receives $ 23.6 Million Construction Loan for Downtown Miami Jewelry Center

Formerly known as the Metro Mall, Time Century is located at 1 NE First St. in Miami’s jewelry and diamond district, which has more than 400 jewelry stores within a four-block radius.

MIAMI – Time Century Holdings, a New York-based real estate investment and development firm, received a $ 23.6 million construction loan to build a mixed-use project known as Time Century in the center -City of Miami. The City National Bank of Florida provided the loan for the 225,000 square foot project.

Time Century Holdings will use the funds for Phase I, which includes the building’s wholesale space, including the basement, ground floor, mezzanine and second floor. Phase II, scheduled for later this year, consists of four floors of offices. The renovations are expected to be completed in the second quarter of 2022. Time Century has pre-released more than half of the retail space.

Formerly known as the Metro Mall, Time Century is located at 1 NE First St. in Miami’s jewelry and diamond district, which has more than 400 jewelry stores within a four-block radius. Designed by Kobi Karp, the jewelry center’s amenities will include a three-story atrium with newly designed escalators and computerized directories, valet parking and public parking lots.

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