The New York-based Seritage Growth Properties has begun construction on the first phase of Esplanade at Aventura, the 215,000 SF ground-up development featuring experiential retail, unique entertainment and fine dining in a luxurious open-air high-street retail setting on the 12.3 acre site of the former Sears store at Aventura Mall.
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APEX Capital Realty Signs First Two Tenants At URBAN 75th STREET In Little River
APEX Capital Realty, led by Miguel Pinto, has just signed the first two tenants at URBAN 75th STREET, an innovative warehouse complex located at 300-320 NE 75th Street in Little River. PIXIE Market, a Los Angeles-based fashion e-commerce company, signed a 5-year lease for 3,500 SF in the 320 building and plans to move in January 2019.
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Gensler-Designed Wynwood Office Project 545Wyn Gears Up To Break Ground In January
The Chicago-based Sterling Bay is gearing up to break ground in Wynwood on their Gensler Architects-designed 545Wyn office project. Groundbreaking is set for January 2019. When complete, the development will be the biggest office building to launch in Wynwood rising 10-stories and bringing 298,000 SF of office space along with 26,000 SF of retail to the neighborhood.
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Zyscovich Architects-Designed Wynwood Quarter Project Revealed Including Micro-Units
Bel-Invest’s Zyscovich Architects-designed Wynwood Quarter project has been revealed as the developer has submitted plans for the first building for review by the Wynwood Design Review Committee.
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Voters Approve David Beckham's $1 Billion Freedom Park By Waiving Competitive Bidding On Election Day
New renderings of David Beckham and Jorge Mas' controversial proposal to build one of the biggest private office and retail parks in the U.S. on city owned land, known as Freedom Park, have been revealed.
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Augmented Reality App Launching in Miami to Help Drive Foot Traffic to Brick and Mortar Businesses
ARVISL Future is a Miami based technology startup founded by Krystal Kunyue Zheng, a recent Florida International University graduate. ARVISL Future is based at CIC Miami, the hub of South Florida's startup and technology scene.
This November, ARVISL is launching its first mobile application, SAVR, in Miami. SAVR aims to bring measurable foot traffic to local brick and mortar businesses with technologies like location based service and augmented reality. Zheng describes SAVR as the fusion of Pokemon Go and Groupon.
With location based services, SAVR can reach, measure and engage with local and tourism traffic at any specific location. By combining augmented reality and location based service technology, SAVR also allows businesses to showcase products in real life that are outside of their current geographic location.
Consumers are navigated to a business if they find its AR incentive enticing: complimentary drinks, food or swag items.Zheng has introduced an innovative marketing metric for physical businesses called “cost per traffic™", where brick and mortar businesses will measure how much an individual's foot traffic costs. SAVR provides performanced based service fees to businesses who decide to place AR incentives around the city. Therefore, businesses will only pay for foot traffic brought into their location.
“Instead of driving attention strictly to a web page, we're offering local businesses that aren't able to compete with national online retailers a way to survive in the digital age while maintaining the charm of their physical presence that has such a profound effect on our communities,” said Zheng.
SAVR will welcome Miami users and businesses for a first-hand experience this November. Users can download SAVR on both the iOS App Store and Android Google Play Store and businesses can participate in AR sampling by filing a request on the SAVR website.
Article by: Katya Demina
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