New York-based fashion house Carolina Herrera has opened its new flagship boutique located in the heart of the Miami Design District, one of the world's leading destinations for luxury, art, and design. The nearly 3,000-square-foot boutique brings the full world of Carolina Herrera to Miami and celebrates the work of female artists throughout its design.
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Development Spotlight: Ziggurat Coconut Grove
Developed by The Allen Morris Company in partnership with the Espinosa family, the highly curated mixed-use Ziggurat Coconut Grove brings together just 19 ultra-luxury residences, a five-story trophy office building, approximately 45,000 square feet of retail and dining, and landscaped pedestrian spaces within a low-rise environment designed specifically for Coconut Grove.
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Snøhetta-Designed Landmark Office and Retail Building Revealed in Miami Design District
A new mixed-use office and retail building designed by Snøhetta, established in Oslo and New York City, is set to rise in the Miami Design District, further advancing the neighborhood’s position as a global destination for luxury, culture and design; developed by Miami Design District Associates in partnership with Raycliff Capital.
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Sant Ambroeus to Open Second Planned Miami Location at MIRAI Design District, Bringing Milanese Café Culture to Miami’s Design District
MIRAI Design District has signed Sant Ambroeus as a signature hospitality tenant, marking the heritage Italian brand’s second planned Miami location and further reinforcing the project’s position as a design-, hospitality-, and culture-driven destination within the evolving Miami Design District.
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MIRAI Design District Secures $85 Million Construction Loan and Breaks Ground on Kengo Kuma’s First U.S. Mixed-Use Development
MIRAI Design District has secured an $85 million construction loan from Monroe Capital LLC, and has officially broken ground on the highly anticipated mixed-use development in Miami’s Design District. Developed by Leviathan Development, Lionheart Capital, Well Duo, and The Lane Organization, MIRAI Design District will introduce approximately 41,000 SF of Class A boutique office space and 16,000 SF of luxury high street retail and hospitality space to the neighborhood
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Naftali Group Expands Retail Offerings at JEM Private Residences with ITO•Kaya and SunLife Organics at Miami Worldcenter
JEM Private Residences, the highly anticipated luxury residential tower developed by globally recognized real estate development and investment firm Naftali Group, has announced the addition of ITO•Kaya, a new Japanese dining concept from the team behind ITO, the acclaimed omakase restaurant, along with SunLife Organics, a Malibu-born wellness café, to the building’s retail space.
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Terranova Secures Nearly 100K SF in New Leases Totaling $56 Million in Coral Gables
Terranova Corporation, a prominent South Florida commercial real estate firm, has announced the successful execution of 96,791 square feet of new and expanded leases across nine properties on and surrounding Miracle Mile, totaling $56,396,408.
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Image via Blue Water Drones
Miami Worldcenter Associates Sells Development's Retail and Entertainment District to Falcone Group and Partners For $210 Million
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
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RIVANI Closes Landmark $19.8 Million Sale of Waterfront Amara at Paraiso Restaurant Space in Edgewater
Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.
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Swire Properties Sells Brickell City Centre Retail and Parking Components to Simon Property Group For $512 Million
In a significant real estate transaction for Miami’s urban core, Swire Properties Inc. has finalized the sale of its interest in the retail and parking components of Brickell City Centre to Simon Property Group for approximately $512 million.
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