Palm Angels
Instagram influencer hotspot Miami Design District is continuing to expand and attract some of the hottest luxury and fashion brands. A selection of new retailers including Maison Margiela, Palm Angels, ARES Design and KREWE have opened in Miami Design District.
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Florida East Coast Industries (FECI) announced the listing of ParkLine, its signature residential tower above Brightline’s MiamiCentral Station, for $500 million. The property, which consists of two iconic towers totaling 816 residential units, will be listed on the market by Cushman & Wakefield.
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As development continues throughout Miami Worldcenter’s 27 acres, vertical construction is now underway and progressing quickly at one of the last remaining retail components in the $4 billion, master-planned mixed-use project, which is slated for completion in the second quarter of 2022
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Swire Properties has announced that The Shops at Brickell City Centre (BCC), a landmark destination for dining, entertainment, shopping and culture developed by Swire Properties, is now 97% leased after announcing leases with Beach Bunny, Café Americano and more to occupy a total of 16,742 SF of retail space.
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Five new retailers focused on health, wellness, and beauty have signed leases at CocoWalk, the newly reopened lifestyle destination in Coconut Grove. Inspired by residents’ focus on health and wellness, the ownership hand-picked these new retailers to cater to all the lifestyle and beauty needs of area residents.
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Ronny Finvarb’s Finvarb Group has added to their Deerfield Beach assemblage with the acquisition of a mixed-use property at 233-245 N. Ocean Dr. in Deerfield Beach for $9.3 million. The 60,310 SF property was developed in 1988 and features a mix of office and retail tenants including Remax and 4D Gelateria.
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Black Lion Investment Group has acquired the former Katsuya space in the SLS LUX Hotel & Residences in Brickell from The Allen Morris Company and Related Group. The restaurant suite is located at 8 SE 8th St. and includes the S Bar component as well.
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The first four restaurants coming to Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami, have been announced. Leases have been signed with Chicago-based steakhouse Maple & Ash and their neighborhood restaurant concept etta and Miami Chef Michael Beltran’s Laurel Brasserie and El Vecino concepts.
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Broward Plaza, a 74,300 SF retail center in Davie, FL, which includes a Miami Grill outparcel, has sold for $12.8 million. El-Ad Broward Plaza LLC, an entity of El-Ad National Properties, acquired the 8.18-acre site from Saber Griffin Two, LLC.
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Construction has begun on the largest mixed-use development to take shape in Miami’s historic Overtown neighborhood in decades, paving the way for new shopping and dining options, affordable residences for seniors, and thousands of job opportunities.
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