Luxury Electric Vehicle Company Lucid Motors Opens Retail Studio At Miami Worldcenter
Lucid Motors, a luxury electric vehicle company producing the state-of-the-art Lucid Air, is now open at Miami Worldcenter, the $6 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. Located at 951 NE 1st Avenue, the nearly 23,000-square-foot space is Lucid’s largest location in Florida. The location includes a Lucid Studio, which allows customers to experience the brand and its lineup of luxury electric vehicles in an environment that underscores the company’s signature design aesthetic. The new state-of-the-art facility also serves as a service and delivery center for the Lucid Air luxury electric sedan, winner of the 2023 World Luxury Car Award.
“Lucid Motors is an innovative leader and its retail studio at Miami Worldcenter provides a showcase for its vehicles and an engaging customer experience. Lucid Motors opening marks another milestone in the ongoing reveal of the enticing array of retail, restaurants and entertainment experiences at Miami Worldcenter,” said Shaul Kuba, Co-Founder and Principal, CIM Group.
Lucid joins a growing roster of newly opened concepts at Miami Worldcenter, including three new food and beverage options by Ariete Hospitality Group’s Michelin-star-rated Chef Michael Beltran, Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar; national retail brands lululemon and Sephora; and the affordable luxury citizenM Miami Worldcenter hotel. Set to open over the next year are additional food and beverage options including Earls Kitchen & Bar and Chicago’s Maple & Ash; dining and entertainment concepts Sports & Social and Bowlero; a permanent location for the world-famous experiential and immersive Museum of Ice Cream; as well as other nationally recognized concepts including Rihanna’s Savage X Fenty, Club Studio, Ray-Ban, and Posman Books.
As one of the largest privately owned and developed urban real estate developments in Florida, Miami Worldcenter, which is currently coming alive in phases, features a diverse mix of residential, commercial and hospitality uses complemented by a total of 300,000 square feet of retail, restaurant, and entertainment space spanning over 10 city blocks. Approximately 84% of the development’s retail space has been leased.
The project is being developed by master developers Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with CIM Group.
“Downtown Miami has been in need of an innovative luxury automotive brand like Lucid and we’re thrilled to welcome them to Miami Worldcenter,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “The Lucid Studio adds another layer of offerings at Miami Worldcenter, further advancing the vision for a prominent live, work, and play destination in the heart of our urban core.”
Retail leasing at Miami Worldcenter is led by CIM Group, a partner in Miami Worldcenter, and Miami-based The Comras Company. CIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer. The Comras Company is a leading, boutique real estate firm providing retail leasing, asset sales, consulting, and development advisory services throughout South Florida.
Miami Worldcenter is now home to three completed residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami. Additionally, construction is underway at phase one of the 52-story Miami World Tower, which will comprise 550 apartment units; at Legacy Hotel & Residences, a 50-story mixed-use tower with 310 branded residences atop a hotel and 50,000 square feet of medical office space; at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments; and at The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures.
Planned developments include 600 Miami Worldcenter, a 579-unit fully furnished condominium by Aria Development Group and Merrimac Ventures; a 65-story condo tower with 700+ residential units by New York-based developer Naftali Group; a mixed-use residential and commercial development by Abbhi Capital; and a three-tower mixed-use residential project by The Witkoff Group.
Complementing Miami Worldcenter’s retail streets will be World Square, a 20,000-square-foot outdoor public plaza and park. Designed as a central gathering place, World Square will serve as the heartbeat of the development featuring an abundance of open space, shade trees, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.
Miami Worldcenter occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; the newly renamed home of the Miami Heat, the Kaseya Center; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Wolfson Campus. It is also adjacent to Brightline’s MiamiCentral station, which offers direct train service to Fort Lauderdale, West Palm Beach, and will reach Orlando later this summer, together with access to Tri-Rail, the Metromover, and the Metrorail – making Miami Worldcenter the largest and most connected transit-oriented development in Florida.
Images via Miami Worldcenter