Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.

Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city

When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).

The Arquitectonica-Designed Redevelopment Of Coconut Grove's Historic Pan Am Airways Base Submitted To City

Grove Bay Investment Group LLC. has submitted plans to the city for the redevelopment and restoration of Coconut Grove’s historic Pan Am Airways base. Construction on the project is already underway on the parking garage portion of the development. The Arquitectonica-design features 2 restaurants, event space, a public rooftop terrace and a baywalk. The historic hangers will be restored and preserved. The proposal is set for review by Miami’s Historic & Environmental Preservation Board on July 2.

Check Out The Newly Revealed Renderings Of The RTKL-Designed Plaza Coral Gables

New renderings have been revealed of Plaza Coral Gables, the largest project to ever be built in Coral Gables, valued at over $600 million. Construction on the project, which was formerly proposed as Mediterranean Village by developer Ralph Sanchez, is currently underway after Phase 1 broke ground in Summer 2018. The Plaza Coral Gables is now being developed by Agave Ponce, LLC., an affiliate of the Cuervo Tequila Company. The Plaza Coral Gables, which was designed by RTKL, will offer over 2.1 million SF of total development spread over roughly 7 acres. When complete the project will offer 174 luxury rental apartments, 242 hotel rooms, 161,000 SF of retail, 447,000 SF of office space spread over 2 towers and 2,400 parking spaces. A completion date for Phase 1 is expected in 2020 before the developer will break ground on Phase 2 and Phase 3.

The Comras Company Tabbed To Lease 300K+ Square Feet Of Retail At Miami Worldcenter

The Forbes Company and Taubman Centers, Inc. have tabbed The Comras Company to help lead retail leasing at Miami Worldcenter. The Miami-based commercial brokerage will represent over 300,000 SF of retail leasing including restaurant and entertainment space at the 27-acre, $2 billion mixed use mega-project which is currently under construction. Miami Worldcenter is located between NW 1st Avenue and NE 2nd Avenue as well as NE 6th Street and NW 11th Street. Retail spaces range from 400 SF to over 50,000 SF. With PARAMOUNT Miami Worldcenter, the mega-development’s luxury condo tower, targeting closings beginning this summer, the retail component is expected to open by the end of 2020.

While Taubman Centers and The Forbes Company have a global focus, The Comras Company will help bring a local expertise to the leasing effort which will target entertainment concepts, theaters, sports bars, breweries, fitness center operators, food hall operators, restaurants, lounges, coffee shops, salons, speciality fitness operators and spas. Comras Company will also pursue fashion, athleisure, cosmetics and beauty retailers. Miami Worldcenter will be represented by Michael Comras, President and CEO of Comras Company, as well as Jeff Evans and Michael Silverman.

Miami Worldcenter is being developed by Miami Worldcenter Associates, Taubman Centers, The Forbes Company, and MDM Group with the master plan designed by Elkus Manfredi Architects. The project includes the PARAMOUNT Miami Worldcenter condo tower being developed by Paramount Ventures led by Dan Kodsi, in addition to a 1,700-key Marriott Marquis Miami Worldcenter Hotel & Expo, the completed CAOBA rental tower, a 348-room CitizenM hotel, the soon-to-break-ground Luma rental tower, a 45-story office tower being developed by Hines and 365,000 SF of high-street retail.

For more information about commercial leasing at Miami Worldcenter, private showings, availability or more information please fill out the form below:

Asian & Japanese-Inspired Cocktail Lounge Kaido Opens In Miami Design District

Kaido, an Asian and Japanese-inspired cocktail lounge, is now open in Miami Design District’s Paradis Plaza. Kiado is a collaboration between Miami-star Chef Brad Kilgore and Mixologist Nico de Soto, where they have transformed the second-floor lounge into an intimate Tokyo-inspired bar with indoor and outdoor terrace lounges overlooking Paradise Plaza. Kaido will offer a tasting menu in a non-traditional dining setting offering guests a different experience each visit. Nico de Soto personally created the unique cocktail menu that seamlessly and playfully incorporates the restaurant’s Asian creative inspiration. Kaido’s build-out was designed by Mark Alan Diaz of MAD Designs who brought an edgy, Tokyo-style vibe to the 12-seat bar including deep colors with gold accents and a custom made 1,200 Butterfly knife chandelier. Kaido is now open at 151 NE 41st Street, Suite 217.

Plans Filed To Bring 72-Key Hotel To 111 Wynwood

There is a new mixed-use hotel coming to Wynwood as 111 Wynwood LLC, an entity led by Eduardo Vargas and Andres Hogg, has filed plans to bring a 72-key hotel to the trendy neighborhood right near Wynwood Walls. The project will rise 5-stories and will offer a total development of 50,000 SF. The hotel will feature ground floor retail and restaurant space, co-working space, a rooftop pool, rooftop bar and restaurant and valet parking. Guests will be treated with smart technology enabled rooms with kitchenettes and available laundry, maid and concierge services. The modern, artsy facade is designed by Richter Dahl Rocha and Alain Bartoli is the architect of record. The construction costs are estimated to be around $8 million. The developers aim to break ground in 2019 and open the hotel in 2020.

River Landing Shops & Residences Unveils Waterfront "Restaurant Row" On The Miami River

The already under-construction River Landing Shops & Restaurants, being developed by River Landing Development including the Coral Gables-based UrbanX Group and Coralee Penabad along with H&R REIT, and Matthews Southwest, have revealed a waterfront “Restaurant Row,” further engaging the Miami River. The project, which is located at 1400 NW River Drive, will offer 25,500 SF of leasable restaurant space to bring 7 restaurants ranging from fine dining, family-style, cafes and fast casual concepts. River Landing Shops & Residences originally broke ground in March 2017 and will bring a total of 2 million SF of total development including 528 market-rate apartments, 2,200 parking spaces and a large retail component featuring a Publix, Chase Bank, TJ Maxx, AT&T, West Marine, Ross Dress For Less, Burlington Stores and a Hobby Lobby. The project will also bring plenty of green space to the area including a 50’ wide linear park with Savino & Miller Design Studio as the landscape architect for the project. River Landing Shops & Residences was originally designed by Jonathan Cardello of Stantec with BC Architects as the architect of record. Completion and opening is expected for early 2020.

Check Out The Dalmar, Fort Lauderdale's Newest Luxe Smart Hotel Opening Summer 2018

From Wurzak Hotel Group comes The Delmar, a new luxe four-star independent boutique smart hotel in Starwood's Tribute Portfolio in Downtown Fort Lauderdale expected to open August 30, 2018. The Delmar will be the first luxury hotel to open in Downtown Fort Lauderdale in some time and will offer 209 rooms upgraded with smart home technology such as Amazon Alexa, iPad's, rain-showers, and keyless room entry. The Delmar will also offer an array of entertainment and amenities including five restaurants/ bars including Fort Lauderdale's second rooftop bar, to be known as Sparrow, which will offer tremendous views of the Fort Lauderdale skyline and South Florida coastline. Other amenities including a pool with cabanas and pool bar, 14,000 SF of indoor/ outdoor meeting space, fitness center, yoga studio, ballrooms, sky deck, and lobby bar. The Delmar is located at 299 N Federal Highway.

The Team Behind Segafredo Set To Launch Esotico Miami, A New Craft Cocktail Bar In The Heart of Miami's Arts + Entertainment District

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. 

Dubbed “Esotico Miami,” the concept will be located in the ground floor at CANVAS, located at 1630 NE 1st Avenue. Esotico Miami will offer modern tropical cuisine and hand-crafted, exotic cocktails by internationally celebrated bartender Daniele Dalla Pola. It will also provide a home base for local musical talent, a cornerstone of the Arts + Entertainment District mission, featuring live music several nights a week. Esotico Miami will serve dinner and late-night cocktails with seating approximately 100.

“We’re delighted that Graspa has chosen the Arts + Entertainment District for its next venture,” said Nir Shoshani of NR Investments, the developer behind CANVAS and Filling Station Lofts. “This is the team that has made Segafredo one of the most beloved neighborhood cafés in Miami, and we’re confident that Esotico Miami will be equally magical, and become the de facto ‘living room’ for the Arts + Entertainment community. Graspa’s focus on good food and good people, combined with Daniele’s thoroughly original approach to cocktails, is a winning recipe.”

Graziano Sbroggio, founder of Graspa Group, and Dalla Pola launched Segafredo together in the 1990s. Dalla Pola honed his craft in Miami before returning to Italy to launch a restaurant and two successful cocktail establishments. He owns his own rum brand, Alamea and was nominated best bartender in the rum category at the International Rum Conference in Madrid, and one of the best bartenders in the world by Tales of the Cocktail in New Orleans.

“Daniele is a true artist, and every great artist needs a good manager behind him,” said Sbroggio. “He was the first to suggest the location at CANVAS and it didn’t take long to convince me. We see a lot of people moving into the Arts + Entertainment District. It has great connectivity to Downtown, Wynwood and Miami Beach and has a really strong community of local artists and entrepreneurs. We see this as the next great neighborhood in Miami.”

Alex Acker and Frank Rodriguez Melo of Cedano Realty Advisors represented the parties in the transaction to lock up the 2,700 SF space on the ground floor southeast corner of CANVAS. Esotico Miami is expected to open this fall (2018).     

Jugofresh, The Cold-Pressed Juice Bar That Transformed The Sunset Harbour Neighborhood, Closes Its Doors After 6 Years

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.

Founder Matthew Sherman referenced his "lack of experience and rapid expansion are what ultimately led us to close." Other factors included revenues of the Sunset Harbour location dropping from $3.2 million in 2013 to $870K in 2017, maintaining a clear brand image when working with a large company (Whole Foods), and "retail businesses are getting increasingly harder to maintain with rising rents and online stores." Increased competition from new juice bars also contributed to the closure. Sherman was also the founder of Paradigm Kitchen, also in Sunset Harbour, which closed in April 2017 after seven months of operation due to lack of income.  

Jugofresh was founded in 2013 after Matthew Sherman decided to take his fast growing "Miami Juice Club" to brick-and-mortar retail and opened Jugofresh's first location in Sunset Harbor. Sherman later went on to open additional locations in Wynwood, Coral Gables, and in all Whole Foods locations in Miami and Fort Lauderdale. Jugofresh had also launched their CPP retail cold-pressed juice line and

All may not be lost for Jugofresh though, Sherman is listed as one of the Miami Based chefs bringing both of his concepts, Jugofresh and Paradigm Kitchen, to Time Out Market Miami. Time Out Market Miami will be South Beach's first food hall concept expected to open later this year on Lincoln Road. With the abrupt closing of all Jugofresh locations and the removal of their website, comment has not been made on if Jugofresh will in-fact still be a vendor at Time Out Market Miami.