Balenciaga and Dolce & Gabbana have has announced the opening of their new Miami stores located in the fast growing Miami Design District. Both stores are adjacent to each-other, located on the pedestrian Paseo Ponti across from Jade Alley, featuring Daniel Toole's iconic concrete arches.
A subsidiary of AVR Realty has proposed 2nd & 2nd, an 898', 82-story Nichols Brosch Wurst-designed mixed-use tower at 250 SE 2nd Ave. The tower would feature 266 hotel rooms, 637 residential units, 9,245 SF of retail, and 533 parking spaces.
Graspa Group, the team behind the Miami mainstays Segafredo, Salumeria 104 and Spris brands, is teaming up with a celebrity bartender on a new concept at CANVAS in the heart of Miami's Arts + Entertainment District.
Construction has been stopped on Downtown Miami's redevelopment of Flagler Street, a project which has seen over 7 years of planning, to discuss pivoting to a new plan proposed by Moishe Mana. Mana, one of Downtown Miami's major land holders, has proposed a new for the the transformation of Flagler Street.
Preleasing is now live for the two ground floor retail spaces at a new Arquitectonica-designed mixed-use "millennial driven" project which C-F Brickell is proposing to replace the recently demolished El Eden Motel just blocks from Brickell City Centre.
It is a sad day for Miami as Jugofresh, the cold-pressed juice bar that served as one of the catalysts that helped transform the Sunset Harbour neighborhood of Miami Beach, has closed its doors after 6 years and ended its partnership with Whole Foods; the announcement effective as of yesterday March 13, 208.
The Miami Design District just welcomed alice + olivia by Stacey Bendet’s latest flagship store. Featuring contemporary interior design, including a zig-zag black and white marble floor, the store will carry the brand’s complete collection, including ready-to-wear, gowns, shoes, accessories and the newly launched denim line, AO.LA by alice + olivia.
The upscale Italian brand specializing in leather goods and ready-to-wear signed a lease for a 4,000-square-foot space between the Gucci and Rick Owens stores on Northeast 41st Street. Their other South Florida locations are at the Bal Harbour Shops and on Worth Avenue in Palm Beach.
Metropica, a $1.5 billion urban development and one of the country’s largest mixed-use communities just announced its newest tenant, Urban Outfitters, as the latest addition to its retail and entertainment lifestyle center, which consists of 280,000 SF of retail space.
The New York-based R&B Realty has officially launched leasing at The Gateway at Wynwood, their new Class-A office building which is based at the intersection of Wynwood, Midtown and Miami Design District.
Florida East Coast Industries has announced the completion of 3 MiamiCentral, its first mixed-use tower at MiamiCentral and has welcomed its first office tenant, Brightline. Brightline, the nation’s only privately funded inter-city, express passenger rail service, officially moved its corporate headquarters to 3 MiamiCentral
Doral has been a hotspot for growth with intense demand for stable assets. Recently, Terra’s Doral Commons retail plaza sold to Jamestown, L.P. for a reported $71.6 milllon. The 140,000 SF shopping center was 95% leased at the time of sale with anchor tenant Publix Supermarket.
Just days after PROFILEmiami reported that Miami Worldcenter Associates have closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami, the developers have applied for permission to modify their design for Block D.
NP International has locked down a $158.4 million construction loan and are gearing up to break ground on Gables Station, a transit-oriented mixed-use project with 120,000 SF of retail space, 500 residential units and 66 hotel units.
Miami Worldcenter Associates led by Art Falcone and Nitin Motwani have just closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami.
During Art Basel PROFILEmiami got an exclusive first look at Miami's newest Gucci store which opened last month in the fast growing, fashion hotspot Miami Design District. The MDD location will become Gucci's Miami flagship and will also feature the full Gucci Décor collection available for sale.
Barneys New York has announced that they will open their first Florida location as one of the anchor tenants at Bal Harbour Shops $400 million, 350,000 SF expansion. The location will span 53,000 SF and will include the popular Freds at Barneys New York restaurant.
New renderings have been released of Central Fare, the new food hall coming to MiamiCentral in Downtown Miami. Central Fare had originally planned to open in the Fall of 2017, a date which has since been delayed until the Spring of 2018 as MiamiCentral powers towards completion.
Miami is set to get its first supertall in the fast emerging Downtown neighborhood, as Tibor Hollo's Florida East Coast Realty is gearing up to begin construction on the 1,049', 92-story, Kohn Pedersen Fox (KPF)-designed One Bayfront Plaza in 2019. Demolition of an existing office building on the current site is scheduled for the first half of 2019.
Swire has announced that Brickell City Centre's 260,000 SF of office space at Two and Three Brickell City Centre is now 100% leased. Each office tower rises 12 floors and was designed by Arquitectonica. The final two leases signed were by KPMG for 16,926 SF, which equates to a full floor, and Interaudi Bank, who leased 10,700 SF.
1675 Meridian, a new concept designed by DOMO Architecture + Design which was first revealed last year, will reportedly replace the Macy's at Lincoln Road in South Beach. In September 2016 PROFILEmiami reported that Macy's was quietly marketing the remainder of leasehold
Target has announced that they will be opening a new small-format store in South Beach. The store will be located at the new BLVD at Lenox retail development located at Fifth Street and Lenox Avenue. The location will be Target's first ever in Miami Beach and will be 33,000 SF.
After a year of developing plans with Zyscovich Architects to redevelop the Shops at Sunset Place with the addition of a hotel and 2 residential rental buildings, the South Miami City Commission has voted 3-2 against the project.
Thor Equities, a global leader in urban real estate development, leasing and management, have broken ground and officially commenced construction on Wynwood Walk (November 2017) after locking down construction financing from Bank of the Ozarks. Wynwood Walk will run the entire block from NW 29th Street to NW 28th Street near Wynwood’s northern entrance
A Zyscovich Architects-designed proposal to redevelop the Shops at Sunset Place is under review by the City of South Miami's Special Planning Board. The developers goal is to reenergize the existing, aging, Shops at Sunset Place into a lively mixed-use, urban district.
HES Group has secured a $9.5 million loan for Triptych Hotel, in Midtown Miami, adjacent to Miami Design District. The loan was provided by a Panama-based lender 21 Brands S.A. Triptych Hotel was approved earlier this year, after HES Group sold JQ Group shares in the project for undisclosed terms.
Pitbull is bringing a restaurant to Ocean Dirve. The singer has announced that he will launch a new concept, iLov305, in the former Bon Air Hotel at 1600 Ocean Drive. iLov305 will be a restaurant and cocktail lounge with daiquiri bar.
Construction on River Landing Shops and Residences is set to begin by the end of the year (2017) in Miami's Health District. Foundation work began earlier this year at the 8.14-acre site on the Miami River located at 1400 NW River Drive.
A new multi-use development known as EDEN is coming to Miami's booming Little River neighborhood. Miami-based architecture and design firm Bloommiami is collaborating with developers Stambul, Miami Real Exposure and P & K Developments on EDEN, a new adaptive re-use and mixed-use development. Located at 235 NE 79th St., EDEN will pioneer 79th Street’s development with a transformative and evolving vision for the area’s future.
A 10 story mixed-use project designed by Stantec has been proposed at 1600 Washington Ave. The project is located 1 block away from Lincoln Road and would feature 134 residential units along with 12,863 SF of ground floor retail. Units would range from 1 to 2 bedrooms and be an average of 1,110 SF. The proposal was scheduled for review by the Planning Board on September 26, but will most likely be deferred.