Terranova Reveals Arquitectonica-Designed Carbon-Neutral Mixed-Use Building On Miracle Mile In Coral Gables

Terranova Corporation, led by Stephen Bittel, has revealed plans for 93 Miracle Mile, the first carbon-neutral building in Florida on Miracle Mile in Coral Gables. The Arquitectonica-designed mixed-use commercial building will use electricity-generating photovoltaic glass and will be the first built under the new Miracle Mile Overlay zoning code. Plans were recently submitted to the City of Coral Gables for approval. 93 Miracle Mile will rise four-stories and will feature 6,700 SF of ground floor restaurant space, 9,700 SF of retail space on the 2nd and 3rd floors, and 7,300 SF of office space on the 4th floor. The building will also feature a rooftop terrace.

Terranova is the largest property owner on Miracle Mile with a portfolio spanning 15 properties and 120,000 SF. They acquired the .2-acre site with a vacant 9,000 SF retail building which was previously Navarro Discount Pharmacy for $6.8 million in December 2021.

Ronny Finvarb and Joseph Chetrit Acquire Macy's Property Near Miami Beach's Lincoln Road For $15.5 Million

Bay Harbor Islands-based Finvarb Group, led by developer and hotelier Ronny Finvarb, in partnership with Joseph Chetrit, have acquired the Macy’s property off of Lincoln Road in Miami Beach for $15.5 million, $152 PSF. The iconic building, which is located at 1675 Meridian Ave., was developed in 1953 and is one of the oldest retail buildings in Miami Beach. The building spans 102,009 SF on a 1.15 acre lot. The seller was the San Antonio-based Terry Emanuel and the deal included $9.3 million in seller financing.

Ronny Finvarb is currently developing the nearby Thompson Hotel South Beach and other projects in different stages. Finvarb Group owns 15 hotels, restaurants and other properties in Florida, Texas and Arizona, including the Kimpton Palomar South Beach and Osteria Morini, the Residence Inn by Marriott South Beach, the Courtyard by Marriott South Beach, and the Courtyard by Marriott Jupiter Palm Beach, which they developed. In Miami, Finvarb Group also owns the Landon Bay Harbor boutique hotel, including The Palm restaurant, which they acquired for $10 million in November 2021. The Finvarb Group also recently acquired mixed-use properties in Deerfield Beach, including JB’s on the Beach oceanfront restaurant property.

Breakwater Hospitality Group’s Rivertail Debuts New Summer Menus in Fort Lauderdale

Situated along the New River in Downtown Fort Lauderdale, Breakwater Hospitality Group’s Rivertail has unveiled its new brunch and dinner menus, expanding its seafood-driven selection of creative and bold flavors that have earned the restaurant its reputation as one of the best in town. Under the direction of five-time James Beard-nominated Jose Mendin, Chef Partner at Rivertail, the eatery draws inspiration from international cuisines, combining diverse flavors and offering a unique array of dishes for those with seafood indulgence in mind. 

Named “Best Restaurant Fort Lauderdale 2020” by Miami New Times, the vibrant neighborhood eatery offers both indoor and patio seating located just steps away from the sister concept, The Wharf Fort Lauderdale.  “We’re thrilled to expand Rivertail’s fresh seafood offerings and give diners more of the dishes they crave at our beloved restaurant with unbeatable waterfront views in the heart of Fort Lauderdale along Downtown’s iconic Riverwalk,” said Emi Guerra, co-founder of Breakwater Hospitality, the visionary firm known for its smash-hit entertainment venues throughout South Florida including The Wharf Miami and The Wharf Fort Lauderdale, as well as Carousel Club in Hallandale Beach. 

The new brunch and dinner menus at Rivertail include a variety of different items such as Passion Fruit Ceviche with blue cobia, bay scallops, tiger shrimp, passion fruit, heirloom tomatoes, pearl onions, crispy tostones; Seafood Nachos with blackened tiger shrimp, pickled onions, guacamole, pico de gallo, crab queso, shredded lettuce, and lime crema; Crispy Chicken Sandwich with breaded chicken breast, gruyere cheese, brioche, butter lettuce, tomato, Rivertail sauce, and fries; Spicy Tuna Toast with yellowfin tuna, spicy aioli on brioche toast with sriracha; Tuna Tataki Salad with yellowfin tuna, spring mix greens, heirloom tomatoes, crispy malanga, and miso ginger dressing; Honey Kimchi Wings dipped in sweet chili ranch and sesame; Mussels Maria with PEI mussels, tomatoes, Bermuda onions, and lemon caper butter; Yellowtail Ceviche Taquitos with ginger, soy, jalapeño and miso; Blue Cobia with piquillo sauce, bamboo leaf, and grilled lemon; Branzino a La Grenobloise with capers, lemon, parsley, and butter; Garlic Parmesan Crusted Trout rainbow trout, garlic lemon, grilled artichokes, and a special monthly featured “Taco of the Month.” Highlights from the brunch menu include the Lobster Benedict with poached organic eggs, brioche toast, and yuzu hollandaise, the Chicken N’ Waffles with Korean BBQ syrup and spicy ranch, and the Rivertail Powerbowl with either salmon poke or grilled salmon, chopped kale, cashews, quinoa, avocado, baby heirloom tomatoes, cucumber, and miso dressing.

Rivertail is located at 4 W Las Olas Blvd Ste. 120, Fort Lauderdale, FL 33301. It is open for dinner Tuesday through Thursday from 5 to 10 p.m., Friday and Saturday from 5 to 11 p.m., and Sunday from 5 to 9 p.m. Rivertail is open for brunch on Saturday from 12 p.m. to 4 p.m. and Sunday from 11 a.m. to 4 p.m 

Pulso Capital Acquires Stellar At Palm Aire Build-For-Rent Townhome Community For $21.5 Million

Pulso Capital has acquired Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes located in the center of the Palm Aire Country Club in Pompano Beach, Fl., for $21.5 million, or $551,282 per unit. The sale and financing were overseen by Berkadia. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Director Yoav Yuhjtman, Associate Director Omar Morales and Senior Analyst Jose Mota of Berkadia Miami, marketed the property on behalf of Stellar Communities.

Senior Managing Director Mitch Sinberg, along with Managing Directors Matt Robbins, Scott Wadler and Brad Williamson, and Senior Analyst Michael Basinski of Berkadia Miami arranged the debt on behalf of the buyer. Steeprock provided the $14 million, fixed-rate, five-year loan at a 65% LTV, with full term interest only.

“In a region where for-sale housing has seen prices increase by up to 50% in some cases, Stellar at Palm Aire provides residents with a spacious, new-construction high-end property with private outdoor areas and luxurious finishes at a rent that is attainable,” said Pesant.

“We have a strong belief in the dynamics of the South Florida Market and are actively looking for the right opportunities for our group,” said Maor Benami, co-founder of Pulso Capital Group. “This unique, Class A Built-for-Rent product, coupled with our management capabilities, makes Stellar at Palm Aire a perfect fit for us as we continue to grow our portfolio.”

Effective rent in South Florida rose 25.2% year over year, according to Berkadia Research – driven by an influx of new residents and corporate migrations over the last 12 months.

Located halfway between Fort Lauderdale and Boca Raton in a suburban setting west of I-95, Stellar at Palm Aire is the first new construction in the Palm Aire Golf Course community in over 10 years. There are two-bedroom (1,475 square feet), three-bedroom (1,744) and four-bedroom floor plans (1,825 to 1,961) with rents ranging from $3550 a month to $4,350. Townhomes have attached garages. Its location in a peaceful community, surrounded by greenery, golf course views, walking, running & biking trails allows residents to enjoy the calm of suburban living while in close proximity to two of Florida’s main employment hubs. It is just 10 minutes from I-95, five minutes from the Florida Turnpike, and 15-20 minutes from both Downtown Fort Lauderdale and downtown Boca Raton.

Established in 2009, Stellar Communities is a full- service real estate development company with a progressive focus on eco-construction initiatives for residential communities. Since its inception, Stellar has helped over 2,500 families move into the next stage of their lives with a new home. With a deep-rooted commitment to quality and value, Stellar Communities builds inspiring homes and communities with unmatched efficiencies in some of the most highly sought-after coastal, urban, and suburban locations across South Florida.

Established in 2019, Pulso Capital Group, founded by Maor Benami and Salomon Kamkhaji, aims to improve lives while unleashing the total value of assets through conservative underwriting, appropriate financing arrangements, on-time constructions, and diligent property and asset management. The firm is actively focused on increasing its portfolio with value-add to Class A Built-for-Rent multifamily properties.

ZOM Living Opens The First completed Section Of Ludlam Trail Linear Park And Phase 1 Of MiLine Miami Apartments

ZOM Living, one of the nation’s leading developers of multifamily housing, in a joint venture partnership with Mattoni Group, Scout Capital and AEW Capital Management, have announced the completion of the first phase of the transformative development MiLine Miami. Phase one includes the delivery of 338 luxury, mid-rise apartments, 4,600 square feet of retail space featuring a brewery and two restaurants, and 1,300 linear feet of the Ludlam Trail for residents and the broader community to enjoy outdoor recreational activities such as walking, biking and hiking.

With direct access to the Ludlam Trail linear park, MiLine Miami’s first phase is comprised of a six-story, upscale apartment building featuring large-scale art murals and a range of street art throughout the property. The first residents are beginning to move in, with studios, one-, two- and three-bedroom apartment options available ranging from 580 to 1,700 square feet. The residential community’s lifestyle-driven amenities include a pool deck with cabanas and grilling area, Zen courtyard, fire pit, social room, membership-quality fitness center, aqua lounge and coworking spaces.

MiLine Miami will feature other one-of-a-kind amenities, including a local brewery named Thorn by the founders of Lincoln's Beard Brewing Co. that will occupy the retail space. The beer garden will be anchored by two additional restaurants to be announced soon. Residents will benefit from having 50,000 square feet of outdoor amenity space, which includes the walking and biking trail, a dog park, an event lawn, and outdoor public and private plazas perfect for recreation and gatherings.

“ZOM is excited to deliver phase one of our MiLine Miami community, including welcoming Lincoln’s Beard brewery Thorn to the property and delivering the first segment of the Ludlam Trail, which will create an exceptional outdoor pedestrian experience for residents and the surrounding community,” said Kyle Clayton, Senior Vice President of ZOM Living. “Our team is already beginning work on the remaining phases of the project that will expand this section of trail to a full half mile, add another 600 apartments and more amenities to the community.”

The Ludlam Trail is being redeveloped into a beautiful linear park that spans six miles, adorned with colorful, public art. The trail path will connect four parks, three waterways, two Metrorail stations at Dadeland North and South and five schools.

“Our vision has always been to engage and activate the Ludlam Trail and have this project be a catalyst for creating a unique mixed-use neighborhood in Miami,” said Ricardo Caporal, Founder and President of Mattoni Group.

The MiLine Miami community also offers convenient access to Miami’s sights and landmarks with its proximity to the Biltmore Hotel and the University of Miami, plus a variety of dining and entertainment options such as the open-air shopping district Miracle Mile and Shops at Merrick Park.

“The transformative and human-centered nature of this mixed-use development fits well with our strategy to invest in real estate projects positioned for sustained, long-term growth,” said Jess Bissey, Chief Sustainability Officer of AEW Capital Management.

Uniquely designed, the apartment units at MiLine Miami are equipped with a smart home system that allows residents to use voice commands to control the unit’s lighting, see who’s at the front door and let them in, set the home’s temperature and play their favorite tunes – all with the touch of an app. Unit interior finishes include exposed concrete ceiling, quartz counter tops and hard-surface luxury flooring throughout the apartment.

The three-phase, mixed-use development of MiLine Miami spans an 11.4-acre site with a mix of uses that include approximately 975 apartments and 23,000 square feet of retail space. The second phase will comprise 337 apartments including 32 townhome units and is slated to start construction by the end of the year. The third phase will deliver an additional 300 apartments and 18,000 square feet of retail space.

Black Salmon, Lineaire Group and Bridge Investment Group Top Off Wynwood Haus

Black Salmon, a national commercial real estate investment and development firm based in Miami; Lineaire Group, a Miami-based real estate investment and development firm focused on urban infill projects; and Bridge Investment Group, a leading, national real estate investment and property management firm, have topped off Wynwood Haus at 20 stories.

The construction milestone for the 224-unit multifamily project, located at 1765 N. Miami Ave., was marked by a celebratory event held onsite on August 12, 2022. In attendance were the development partnership and Wynwood Haus’ general contractor, Beauchamp Construction Company, as well as the Omni Community Redevelopment Agency (CRA).

"The topping off of Wynwood Haus is a significant achievement for our team and another positive step forward for the neighborhood of Wynwood, which is currently undergoing a renaissance as one of the city’s thriving areas,” said Camilo Lopez, managing partner and Co-CEO of Black Salmon. “We are grateful to our construction partners and look forward to the completion of a building that truly encapsulates the best of Wynwood.”

Designed by acclaimed architecture firm Corwil Architects, Wynwood Haus is situated at the entrance of Wynwood, Miami’s creative and cultural neighborhood. It will present the perfect balance between Miami’s fast-paced ambiance and a serene environment, with landscape curated by world renowned designer Enzo Enea. The project will complement the area’s new offices and tech-centric businesses, and expanding retail, dining and bustling art scenes, creating a central live-work-play lifestyle in proximity to Downtown, Miami Beach, and the Design District.

“Demand for multifamily is on the rise, particularly in Miami, which remains the most popular migration destination in the U.S.,” said Lineaire Group Partner Diego Bonet. “We are confident that Wynwood Haus will appeal to those seeking a sense of community – co-working spaces and connectivity to local businesses and transit within a curated, modern environment – all within one of Miami’s trendiest communities.”

“Wynwood Haus is an exceptional project which will serve as one of the main catalysts to growth in the area, the topping off marks an exciting achievement and we look forward to when the project opens next year,” said Bridge Investment Group’s CIO David Coelho.

The apartment’s floor plans will feature studios, one and two bedrooms ranging from 394 to 945 square feet. Modern details and finishes include floor-to-ceiling windows, oversized balconies, full-size in-unit washer and dryer, wireless-controlled smart thermostat, 10-foot ceilings, walk-in closets in most units, a rain shower, and secure keyless entry.

Interiors by Lineaire Designs will introduce intricate wood paneling and concrete accents throughout to elevate the modern aesthetic. For the urban dweller, living will be effortless with amenities that include a pool and sun deck with bay views, a fitness center and outdoor terrace. Private workspaces, a conference room and co-working area invite function for the contemporary work life. The ground floor will also feature a library, resident lounge, pet grooming, electric car charging stations, a smart locker package room and cold storage, as well as 5,500 square feet of retail space.

The project is a designated transit-oriented development (TOD) within walking distance of the School Board Metromover station. This furthers the economic growth of the area by increasing access to jobs and connectivity.

Wynwood Haus is scheduled for completion in Summer 2023.

Neology Life Development Group Locks Down $57.5 Million Construction Loan For 'Fourteen Residences Allapattah'

Lissette Calderon’s Neology Life Development Group has locked down $57.5 million in construction financing for Fourteen Residences Allapattah, a two tower, 237-unit apartment community located in Miami, Florida. Senior Managing Director Charles Foschini, Managing Director Chris Apone and Senior Analyst Shannon Wilson of Berkadia Miami secured the financing on behalf of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm led by Lissette Calderon. The property is located in a Qualified Opportunity Zone in the historic Allapattah section of downtown Miami.

Churchill Real Estate’s direct originations platform, led by Jeff Rosenfeld and Sean Robertson, originated the 24-month loan with two extension options.

“Our client Neology continues to dominate the Allapattah skyline with an innovative team and projects whose ‘attainable luxury’ concept serves the needs of the community and integrates nicely within it,” said Foschini. “While the market continues to be extremely volatile, the lender recognized the strength of the sponsor, Neology’s track record in Allapattah, where this is its third project, and Lissette Calderon’s personal vision for the evolution of the Allapattah community.”

“This deal further solidifies Churchill’s commitment to support the development of workforce housing in Miami,” added Robertson, Churchill’s Director and Co-Head of Originations. “We are thrilled to execute this deal with Neology amid unstable market conditions.”

“Churchill continues to build on, and augment, its presence in the greater South Florida market,” added Rosenfeld, also Director and Co-Head of Originations at Churchill. “Despite macro headwinds, South Florida continues to benefit from favorable factors that give us the confidence to double down in this market.”

Located at 1470 NW 36th Street, Fourteen Allapattah Residences will consist of a 14-story building with 180 apartment units connected via a pool deck to a five-story building with 57 apartments including ground floor walk ups. It will offer studio, one- and two-bedroom units ranging 450 to 900 square feet. Apartments will feature European-inspired cabinetry, quartz countertops, energy efficient kitchen appliances, in-unit washer and dryer, energy efficient AC and heating systems, and smart home technology adaptors. Lifestyle amenities will include curated original artwork, a multipurpose lobby, media lounges and living rooms, a rooftop pool and clubhouse, poolside cabanas, coworking spaces, conference rooms, outdoor movie screen, an indoor and outdoor fitness and wellness center, with a yoga and cardio studio, dog park with dog wash area, bike storage, virtual concierge and smart package lockers, and a parking garage with electric car charging stations as well as a ride share lobby.

The property, which will open in early 2024, enjoys a highly visible location on NW 36th Street just 5 minutes west of Wynwood and 10 minutes east of the Miami International Airport, close to the health district, which is the country’s largest concentration of medical and research facilities after Houston. It is just a short walk from the Allapattah Miami Metrorail Station, the Rubell Museum, and SuperBlue.

Neology’s portfolio now consists of more than 1,500 apartment units completed or under construction in Miami’s urban core, including The Julia, an upscale apartment community that will open in 2023, and Neology’s flagship Allapattah project, No. 17 Residences Allapattah, which opened in 2021 and leased up in record time.

Lynd Living Locks Down $22.75 Million In Financing For Miami Worldcenter Site Acquisition

Lynd Living has acquired Block 23 at Miami Worldcenter for $30 million, financed by a $22.75 million acquisition land loan. Block 23 is located between NW 9th and NW 10th Street on North Miami Avenue and is one of the last remaining land sites within Miami Worldcenter, the 2nd largest master planned community in the country, behind New York City’s Hudson Yards. The transaction closed on August 26th.

Concord Summit’s Managing Director Kevin O’Grady and Director Justin Neelis represented Lynd on the senior acquisition land loan and represent Lynd as the exclusive advisors to place construction financing for a mixed-used project. Concord Summit was also the sales broker for the land sale. Concord Summit’s next step is to secure the construction financing for the project for Lynd. Miami Worldcenter is no stranger to Concord Summit Capital, who had also arranged the construction financing and equity for Paramount Miami Worldcenter for Encore Capital.

“David Lynd is a visionary and an incredible developer who I’m confident will bring a whole new level of residential living to Miami Worldcenter that the market has not seen before,” O’Grady said.

Miami Worldcenter is a $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. Several phases of the project have already been completed, including three residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami – and approximately 175,000 square feet of retail space. Coming up, a 351-room citizenM hotel is expected to open at Miami Worldcenter by the end of the year, along with another 125,000 square feet of retail space. Additionally, construction is underway at the 52-story Miami World Towers, 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; and at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments.

Planned developments include The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures; a pair of “supertall” residential towers by New York-based Naftali Group; and a three-tower mixed-use project by The Witkoff Group, which will include up to 2,000 residential units as well as 550,000 square feet of office space and another 50,000 square feet of retail.

Complementing Miami Worldcenter’s open-air retail will be World Square, a 20,000-square-foot public plaza and park. Designed as a central gathering place and outdoor event space, World Square will serve as the heartbeat of the development featuring an abundance of shade trees, works of art by local and international artists, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.

Swiss Real Estate Firm Empira Group Acquires Rare West Brickell Development Site In 'The Roads'

As institutional capital flows into Miami from around the world, a Switzerland-based real estate investment firm has acquired a rare development site west of Brickell. Empira Group plans to develop a mid-rise multifamily project in the neighborhood called ‘The Roads’ to help meet the area’s rising demand for housing fueled by an influx of business relocations to Miami’s urban core. Due to Empira´s conviction in the continued growth of Miami, the firm is looking to own the property as part of its portfolio for the long-term after its projected completion in 2025. The transaction closed yesterday, Aug. 29. This asset will expand Empira’s real estate portfolio with assets in Europe and in the US.

JLL Capital Markets brokered the transaction on behalf of the seller, an investment group from South America. The JLL Capital Markets Investment Advisory team representing the seller was led by Directors Max La Cava and Simon Banke, with support from Analyst Danielle Fernandez.

“Empira Group is very excited to close a unique acquisition in Miami,” said Rafael Aregger, Empira’s Head of Investments US. “The city is benefitting from a strong in-migration from other states and all over the world, and we have a very positive outlook on the future of Miami and its population’s growth. Centrally located, the upscale boutique project will cater to professionals and families who want to be close to Miami’s largest employment centers, including Brickell, downtown Miami, Coral Gables and Coconut Grove. The building was designed to offer residents highly attractive living space and amenities that promote a healthy lifestyle.”

Designed by award-winning Revuelta Architecture International, CoralGrove Brickell is planned to include 85 units, consisting of one-, two-, and three-bedroom apartments. Some of its amenities include a fitness center that incorporates spaces for yoga and spinning, a rooftop resort-style pool overlooking the city, a gourmet kitchen and a game room. The ground floor will have about 900 square feet of retail space. The building’s architectural style is aligned with the Coral Way Beautification Master Plan since the project sits on the Coral Way corridor, connecting Coral Gables to the Brickell area. Empira plans to start construction of CoralGrove Brickell in the second half of 2023.

Empira’s new development site sits in The Roads, a residential neighborhood with one of the highest barriers to entry. The 0.53-acre site consists of two vacant aged apartment buildings at 3025 SW 3rd Ave. and 3051 SW 3rd Ave. Demolition of the structures will take place later this year.

CoralGrove Brickell, which is a five-minute walk from the Viscaya Metrorail Station, will promote walkable urban living. Future tenants will be able to trade their cars for the Metrorail to travel around the tri-county area. That is important for Empira, whose institutional investors are committed to the highest ESG standards for their developments in Europe and the US. CoralGrove Brickell will be LEED certified which promotes not only more sustainable buildings from an environmental perspective but also a healthier living environment for the building´s users.

“CoralGrove Brickell is one of the most exciting boutique residential projects in Miami,” said La Cava. “It is perfectly positioned to capitalize on the influx of high-paying tech and finance jobs moving from New York City, Chicago, and San Francisco. “Empira’s entrance to the Miami market is a big deal as they look to expand in South Florida and across the US.”

Since the onset of the pandemic, Miami has become the epicenter of the Great Migration and experienced a 16.8% year-over-year population growth. Miami-Dade County is projected to add approximately 175,000 new residents over the next three years.

South Florida’s booming economy and thriving job market have transformed the area into an economic powerhouse. Miami has attracted high-profile tech, private equity and finance firms from major high-paying employment hubs such as New York, Chicago, and San Francisco. Blackstone, Citadel, Google, Spotify, Thoma Bravo, Marsh Insurance and Goldman Sachs, among many others, have opened or significantly expanded their offices in Miami in recent months.

Nationally Acclaimed Sports & Social Dining & Entertainment Concept Coming To Miami Worldcenter

Live! Hospitality & Entertainment has signed an agreement with Miami Worldcenter to bring its nationally acclaimed concept, Sports & Social, to the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The 20,000-square-foot venue will include an open-air rooftop restaurant overlooking the project’s World Square public park and plaza.

Sports & Social will join Miami Worldcenter’s enticing lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors. These seven concepts, along with the development’s newest tenant, total approximately 110,000 square feet of leased retail space in Downtown Miami’s ‘city-within-a-city.’

“The addition of Sports & Social to our tenant mix proves that there will be something for everyone at Miami Worldcenter,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “Every restaurant and store that will open at Miami Worldcenter is carefully selected to ensure the ultimate live-work-play experience that appeals to Downtown Miami’s growing residential and commercial population.”

Sports & Social is a premier dining, entertainment, sports viewing, and social concept by Live! Hospitality & Entertainment, one of the largest developers and operators of restaurants and entertainment concepts in the United States. The company’s focus is on delivering signature venues in high-profile entertainment and lifestyle districts, world-class casino resort destinations, and adjacent to professional sports stadiums around the country. Sports & Social has nine locations nationwide including The Battery adjacent to Truist Park in Atlanta; Ballpark Village adjacent to Busch Stadium in St. Louis; Texas Live! in the Arlington Entertainment District; and Live! Casino & Hotel Philadelphia in the South Philadelphia Sports Complex. Additionally, Sports & Social will open another South Florida location at Dolphin Mall in winter 2022.

Located just steps away from Miami’s FTX Arena, Sports & Social’s Miami Worldcenter location will occupy approximately 20,000 square feet within the development’s glass-encased ‘Jewel Box’ retail building and will include an open-air third level and a rooftop restaurant overlooking the World Square public park and plaza. The venue will bring upscale food and beverage offerings including made-from-scratch gameday favorites, craft cocktails and specialty drinks, including its signature Crush selection, and a variety of beer from national brews and local favorites. Sports & Social will host a variety of special food-focused events including a can’t-miss brunch experience on Saturdays and Sundays featuring its famous #brunchtails table drinks and menu favorites like avocado toast, savory breakfast skillets, and its signature Chicken & Bliss.

Sports & Social Miami will feature a variety of live music and special events throughout the week, including one of the best sports watching experiences in the region with its premier game-day Sports Watch activations. Outfitted with state-of-the-art technology, the space will boast an impressive 53-foot LED display at its centerpiece that will show multiple games and sporting events at once. Guests can also enjoy a wide variety of social games such as skee-ball, foosball, pop-a-shot, arcade games, shuffleboard, and Beirut. Each location of Sports & Social is uniquely designed with careful attention to every detail by some of the highest profile firms in the world including ICRAVE, Jeffrey Beers International and Knauer Incorporated. Sports & Social at Miami Worldcenter is being designed by ICRAVE, an internationally acclaimed award-winning strategy, design, and development firm. Based in Miami and New York City, ICRAVE has been leading the design for Sports & Social’s growth nationally.

“Miami Worldcenter Associates and CIM Group are one of the premier development teams in the country and we are excited to work with them to bring Sports & Social to downtown Miami at Miami Worldcenter,” said Reed Cordish, Principal of The Cordish Companies and CEO of Live! Hospitality & Entertainment. “As we continue to expand the concept nationwide, we take great pride in ensuring that each location of Sports & Social is specifically curated from our elevated food and beverage offerings and premier entertainment experiences to our best-in-class architecture and design.”

Retail leasing at Miami Worldcenter is led by CIM Group, 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.

“People are drawn to walkable areas that provide a welcoming environment with beautiful public spaces and a mix of experiences. At Miami Worldcenter we are delivering all of that, and the addition of Sports & Social brings a high-energy and captivating concept to the development that further evolves the premier array of retail, dining and entertainment options that our team has assembled,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Several phases of the project have already been completed, including three residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami – and approximately 175,000 square feet of retail space. Coming up, a 351-room citizenM hotel is expected to open at Miami Worldcenter by the end of the year, along with another 125,000 square feet of retail space. Additionally, construction is underway at the 52-story Miami World Towers, 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; and at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments.

Planned developments include The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures; a pair of “supertall” residential towers by New York-based Naftali Group; and a three-tower mixed-use project by The Witkoff Group, which will include up to 2,000 residential units as well as 550,000 square feet of office space and another 50,000 square feet of retail.

Complementing Miami Worldcenter’s open-air retail will be World Square, a 20,000-square-foot public plaza and park. Designed as a central gathering place and outdoor event space, World Square will serve as the heartbeat of the development featuring an abundance of shade trees, works of art by local and international artists, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.

Miami Worldcenter’s development team also recently launched a $5 million public art initiative – curated by international art dealer Jeffrey Deitch and Miami-based curatorial collective PRIMARY – that will transform the streets and buildings of the 27-acre ‘city within a city’ into a permanent outdoor art museum. The program’s first piece to be completed is a massive colorful mural by Nina Chanel Abney, which graces the walls of a pedestrian tunnel under the development’s PARAMOUNT residential tower and the exterior façade of its multi-level parking garage. Additional artists confirmed to exhibit pieces at Miami Worldcenter include Woody De Othello, Viktor El-Saieh, Nick Cave, and Trenton Doyle Hancock.