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An artist's sketch shows what Miami Town Square would look like surrounding the Adrienne Arsht Center for the Performing Arts.

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Oscar Pedro Musibay

Reporter - South Florida Business Journal

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Ribbons of parks are proposed as part of a master mixed-use concept for the largely undeveloped area around the Adrienne Arsht Center for the Performing Arts in downtown Miami.

The plan is a potential capstone in the rebound of downtown Miami, which saw its economy hammered by the recession. Subsequently, high-rise condo towers have largely filled up, the Miami Heat Miami HeatLatest from The Business JournalsCarnival shares slip as earnings, Concordia costs releasedStanford case will follow the money trailAmerican Airlines Arena outsells other Florida arenas in 2011Follow this company is among the favorites to win an NBA championship, plans for two museums have moved along and Genting Group is planning a $3 billion destination gambling resort.

The Town Square Neighborhood Development Corp. plan was announced at news conference at the Arsht Center on Wednesday afternoon. In attendance were Town Square Chair Armando Codina, chairman and CEO of Codina Partners; principal advisers with Pelli Clarke Pelli Architects Pelli Clarke Pelli ArchitectsLatest from The Business JournalsCesar Pelli chosen to design Crescent's Uptown projectSquare 54 comes full circleNational Children’s Museum unveils designFollow this company ; and traffic consulting firm Vanasse Hangen Brustlin.

Codina, who has long been one of Miami's most prominent developers, said he hoped Miamians would be inspired by the ideas.

“This aspirational master plan is the first step of a dream that will become a living document, and it is the Town Square Neighborhood Development’s vision for a livable community, with a mix of education, cultural, housing, entertainment, recreation, civic and retail centers with sufficient public transportation and parking,” Codina said in a statement. “In designing the plan, we were respectful of Miami 21 and worked closely with elected officials. We hope that Miami’s elected officials, along with the area’s neighbors and property owners, are inspired by our plan.”

Cesar Pelli, senior principal with Pelli Clarke Pelli Architects and the Arsht Center’s original architect, and Mitchell Hirsch, firm principal, presented the master plan.