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Miami, FL
Magic City
Cho Dragon Management unveiled plans for Magic City, a $1 billion phased, mixed-use development between Northeast 60th and 64th streets and Northeast Second Avenue to the railroad tracks. The first phase will include a sculpture garden (to be unveiled Wednesday), the 30,000-square-foot Magic City Studios and the 15,000-square-foot innovation center, the Miami Herald reported. The innovation center would house startups, co-working space and other collaborations. It’s slated to open in 2018.