Tricera Capital And 13th Floor Investments Secure Lease With Echelon Fitness to Anchor The Boulevard's Retail Component

Tricera Capital, leading the retail efforts at The Boulevard, finalized a lease with a high-profile on-demand exercise firm to anchor the ground-floor retail component. The Boulevard, a 294-unit luxury apartment building, is being developed by 13th Floor Investments in partnership with both Wexford Capital and Tricera.

Tennessee-based Echelon Fitness is relocating its national headquarters to The Boulevard and will offer spinning classes, contemporary workout apparel & accessories in an upscale retail shop, as well as shoot live videos and offer in-person training at the 5700 Biscayne Blvd. location.

Tricera also completed a lease with the popular Crema Gourmet Espresso Bar, which will open a new location at The Boulevard.

Echelon is set to occupy 10,035 square feet at The Boulevard, which will have a total of approximately 27,000 square feet of retail. The 2.2-acre development site is located at 5700 Biscayne Boulevard – just 1.5 miles north of Miami’s Design District.

Known for “redefining home fitness,” Echelon offers a variety of home-based fitness options including connect bikes, rowers, reflects and the echelon stride.

The company plans to utilize the Miami location to offer in person training, spinning classes and will also have a studio component where they record live classes that will then be used for each digitally integrated product. Echelon will be bringing a much-needed luxury fitness experience to the area. It will also operate a retail store and corporate office out of the location.

“We are thrilled at the opportunity to bring an elite tenant such as Echelon to The Boulevard,” Tricera Capital Co-Founder and Managing Principal Ben Mandell said. “Echelon is truly disrupting the home fitness industry, they will fit in well with the pioneering technology firms that are increasingly moving to Miami. The in-person training component will be a major hit with The Boulevard residents and nearby residents and professionals.”

Crema Gourmet Espresso Bar is a local favorite that has locations in Coral Gables, Davie, Downtown Doral, Brickell, Downtown Miami and Miami Beach. At The Boulevard, Crema Gourmet will occupy 2,400 square feet on the ground floor and serve food and smoothies on the building’s rooftop.

Mandell and Jennifer Houston, Tricera’s Executive Vice President – Head of Retail Leasing, oversee retail leasing at The Boulevard. The duo is finalizing leases with a fast-casual poke concept from Pinecrest, upscale salon and luxury clothing boutique.

The partnership expects to complete The Boulevard and commence resident move-ins during the first quarter of 2022.

“This is a very exciting time to be in Miami and work on a project like The Boulevard,” Houston said. “We look forward to elevating the MiMo District with compelling new restaurants and high-end boutiques, creating an unparalleled experience for the project’s tenants and visitors.”

Tricera’s retail experience in the South Florida market is instrumental in making The Boulevard a retail destination for the local community and future residents. The burgeoning MiMo/Biscayne Corridor continues to grow as a top destination for affluent families and new retail concepts.

Remaining available inventory for lease includes flagship space at the intersection of Northeast 58th Street and Biscayne Boulevard – one of the most desirable food-and-beverage spaces left in Miami.

Major Food Group To Open Sadelle's In Coconut Grove At Former Tigertail + Mary Retail Condo Which Just Sold For For $5.5 Million

The Related Group and Terra Group joint venture that developed Park Grove in Coconut Grove has sold two retail condos in Park Grove including the former Tigertail + Mary restaurant space. Major Food Group, the restauranteurs behind Carbone and ZZ Sushi Club, will open their Sadelle’s concept at the former Tigertail + Mary space. The retail condo spans 5,731 SF with 1,000 SF of additional outdoor space/ seating and sold for $5,500,000. Fabio and Sebastian Faerman of FA Commercial at Fortune International Realty represented the sellers.

This marks the second transaction in 1 week for FA Commercial in the same building, selling out the commercial units in the park grove residences. The Related-Terra joint venture also sold the retail condo on the ground floor of Park Grove Residences, a three-tower luxury condo development, to a Mexican investment group for $6 million. That space spans just under 10,000 SF. FA Commercial represented the buyer and seller in that deal.

The CocoWalk Mixed-Use Property Reaches 100% Leased in Miami’s Vibrant Coconut Grove

Less than a year since its reopening, the newly renovated CocoWalk mixed-use property announces its retail and office components are fully leased in Miami’s vibrant Coconut Grove neighborhood. Following an extensive multimillion-dollar renovation, the property now features 150,000 square feet of prime retail space leased to leading local, national and international restaurant and retail brands and a newly built, 85,745-square-foot office building that is home to regional and global businesses. The mixed-use property is owned by a joint venture comprised of Federal Realty Investment Trust (NYSE: FRT), The Comras Company and Grass River Property.

“The office and retail leasing success CocoWalk has achieved demonstrates how Coconut Grove is becoming a leading destination for business and leisure,” said Stuart Biel, senior vice president of regional leasing at Federal Realty Investment Trust. “The diverse mix of service-oriented retail, chef-driven restaurant concepts and entertainment the reimagined CocoWalk offers will serve locals and visitors alike, while also providing onsite amenities to the daytime population occupying our office spaces.”

Along with reaching 100% leased, CocoWalk has completed leasing its office spaces attracting seven companies representing the financial and investment, hospitality and cruise industries, amongst the fastest growing in the region. The latest businesses to ink office leases are: cruise line Azamara; Creating Culinary Communities, or C3, a company led by Sam Nazarian, the founder of global hospitality firm sbe Entertainment Group that operates multiple SLS, Mondrian and Delano hotel locations; Uno Management Services; Lagoon Advisors, an investment banking advisory firm; Baymount Management, an investment management firm; The Jordan Company, a private equity firm with offices in New York, NY; Stamford, CT and Chicago, IL; and OC Investment Management, LLC.

Following the extensive remodel, CocoWalk now features three levels of prime retail space, the newly built class A office building One Cocowalk and renovated office space on the property’s west side known as Two Cocowalk. New-to-market tenant The Jordan Company is leasing 12,717 square feet; Uno Management Services will occupy 8,273 square feet; Lagoon Advisors will take 3,510 square feet; Baymount Management 1,928 square feet; and OC Investment Management, LLC another 1,247 square feet at One Cocowalk. Meanwhile, upscale cruise line Azamara inked a 9,286-square-foot lease; and C3 will occupy 9,205 square feet that will be home to its headquarters, a test kitchen, and culinary institute at Two Cocowalk.

The newly signed companies join an office tenant roster that includes American Land Ventures, international law firm Weinberg, Wheeler, Hudgins, Gunn & Dial, LLC, private equity firm Boyne Capital, and creative co-working pioneer Spaces. Amenities at the office building include dedicated elevators connecting office users with private parking, 24/7 security, a full-service, on-site gym and access to the building’s rooftop terrace and event space that overlook Coconut Grove’s lush tree canopy and bay views.

The exclusive leasing agent for the office space at CocoWalk is Blanca Commercial Real Estate led by Founder, Chairman and CEO Tere Blanca, Executive Vice Chairman Danet Linares and Vice Chairman Juan Ruiz.

“The successful leasing of CocoWalk’s office component has been a result of the quality office space, strategic location and direct access to dozens of dining and shopping options that the property offers,” said Tere Blanca, Chairman and CEO of Blanca Commercial Real Estate.

Among the restaurant and retailer concepts already signed at CocoWalk are Planta Queen, Sushi Garage, Mister 01 Extraordinary, Botanico Gin & Cookhouse, Salt & Straw, Sweetgreen, Narbona Natural Foods & Farm Market, Bluemercury, Edward Beiner, Edite Mode and The Spot Barbershop.

Sephora, Lucid Motors and Bowlero Sign Leases For 90K SF At Miami Worldcenter

Sephora, Lucid Motors, and Bowlero have become the latest brands to announce leases at Miami Worldcenter, accounting for 90,000 square feet of retail space signed within the last 90 days at the $4 billion, 27-acre mixed-use development in Downtown Miami.

Sephora, a leader in prestige omni-retail with the purpose of creating an inviting beauty community; Lucid Motors, which seeks to set new standards in sustainable transportation with its advanced luxury electric vehicles; and Bowlero, a full-entertainment concept that reinvented the bowling experience with elevated retro-inspired interior design, interactive arcades, and inventive dining, are taking a combined 60,000 square feet of space along the open-air shopping and entertainment promenades, and will join a growing roster of brands that recently announced openings at Miami Worldcenter beginning in 2022.

Miami Worldcenter’s newest restaurant tenants, announced earlier this year, include Chicago’s Maple & Ash and etta, and Miami Chef Michael Beltran’s Brasserie Laurel and El Vecino. These four concepts, along with the latest tenants, total approximately 90,000 square feet of leased retail space in Downtown Miami’s ‘city-within-a-city’ within the last 90 days.

“On the heels of announcing an award-winning lineup of restaurant concepts slated to open at Miami Worldcenter, we are upping the ante with a trio of nationally and globally recognized lifestyle brands. These tenants exemplify the diversity we are offering throughout our residential, hospitality and office developments across Miami Worldcenter,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “Bringing to life the retail components of Miami Worldcenter’s master plan is critical to transforming our 27-acre site into a thriving open-air destination.”

Prestige omni-retailer Sephora will occupy more than 6,000 square feet of retail space at Miami Worldcenter. Delivering on its promise to offer ease and convenience, and meeting clients where they are, Sephora strategically selected Miami Worldcenter as a critical nexus for reaching Downtown Miami’s ever-growing number of residents, tourists and daytime population. Sephora will be located at the World Square plaza along Miami Worldcenter’s 7th Street Promenade.

Lucid Motors, a growing luxury electric vehicle company that applies innovative engineering, design, and technology to define a new class of vehicle, is developing a multi-use facility for Miami Worldcenter, taking nearly 23,000 square feet of space. In addition to a Lucid Studio, which allows customers to experience the brand and its lineup of luxury electric vehicles in an environment that underscores the company’s signature design aesthetic, this location will also serve as a service facility as well as a delivery center for the Lucid Air luxury electric sedan as well as future models. The facility will be located at Miami Worldcenter along 1st Avenue and 10th Street.

Bowlero is set to make its Downtown Miami debut, bringing the best in bowling, epic eats, live entertainment/nightlife, and exceptional events to Miami Worldcenter. The retro-inspired brand will occupy more than 31,000 square feet within Miami Worldcenter’s glass-encased ‘Jewel Box’ retail building overlooking World Square plaza. The new venue will add to Bowlero’s already considerable presence in Florida, with 25 centers throughout the state including locations in Sweetwater and Dania Beach. Bowlero at Miami Worldcenter will be a one-stop entertainment destination complete with 28 signature blacklight bowling lanes, plush lounge style seating, and hi-definition video screens that bring the game to an entirely new level. The new Bowlero will also feature a giant arcade with 75 state-of-the-art games, a sports bar, and the brand’s impressive menu that includes upscale food and beverage offerings.

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.

“CIM believes the retail component is pivotal to creating a captivating experience at Miami Worldcenter. To engage residents and visitors Miami Worldcenter is modeled on the proposition that people want human connections and will seek out retail and entertainment destinations that are attractive, walkable and populated with a carefully selected mix of retail and restaurants,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Spanning 10 city blocks, Miami Worldcenter will feature a diverse mix of residential, commercial and hospitality uses complemented by approximately 300,000 square feet of retail, restaurant and entertainment space. These include two completed residential buildings--the 60-story Paramount Miami Worldcenter condominium and the 43-story Caoba luxury apartment tower. Approximately 150,000 square feet of retail has been completed for tenant build-outs, and another 130,000 square feet is currently under construction and nearing delivery. Construction is nearing completion at ZOM’s 43-story Bezel Miami Worldcenter residential tower and at the 351-room citizenM hotel, both of which are expected to open later this year.

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 city-within-a-city 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 occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; FTX Arena; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Downtown Miami campus. It is also adjacent to Brightline’s MiamiCentral station, which will soon offer direct train service to Fort Lauderdale, West Palm Beach and Orlando, together with access to TriRail, the Metromover and the Metrorail – making Miami Worldcenter the largest and most connected transit-oriented development in Florida.

Miami Design District Appoints New Director of Personal Shopping for the Neighborhood’s Exclusive Shopping Concierge Service, Styled by MDD

The Miami Design District, Miami’s premier luxury shopping Mecca, dedicated to innovative fashion, design, art, culture, architecture and dining, has tapped seasoned fashion maven and celebrity stylist Danielle Merollo to lead the neighborhood’s emblematic personalized shopping and style curating service, Styled by MDD. Styled by MDD is an exceptionally novel luxury concierge program that offers clients an extensive range of complimentary resources from wardrobe consultations and contactless virtual styling, to white glove at-home delivery services and customized gifting assistance.

Adding a compelling new chapter of distinct luxury services to the area, Styled by MDD was originally brought to life in 2019 by Dani de Cespedes, Miami Design District’s dedicated Personal Shopper and Stylist. Characterized by its impressive reach into all avenues within the world of luxury, Styled by MDD offers impeccably tailored, one-on-one experiences with complimentary styling consultations, a dedicated shopping suite with services spanning closet curating, alterations, delivery within the U.S., suitcase packing, and more. Miami Design District, home to the most globally-recognized and influential brands, devised the program alongside Dani de Cespedes to support its array of over 120 luxury boutiques, shoppers, and guests with its specialized clienteling services, providing an exclusive one stop direct connection to access all the stores have to offer. Bringing over 30 years of experience and knowledge into the neighborhood, Merollo now joins the Miami Design District with plans to refine Styled by MDD to even greater heights. 

“I couldn’t be more excited to have this opportunity to call the Miami Design District my new home-base and to support expanding this already remarkable program in some really unique new ways,” says Danielle Morello. “I’ve watched this neighborhood grow so much, from afar, over the last eight years, which has only motivated my own efforts in personalized fashion and styling further. Coming from New York and witnessing the influx of New Yorkers making Miami their new home as well, I’m looking forward to being able to accommodate new clientele and to be a part of all the profound developments happening within the neighborhood as Miami itself is becoming a true epicenter for fashion, culture and opportunity.” 

Merollo has over 30 years of experience as an accomplished stylist that has forged the reputation she has today. Beginning her career at Manhattan’s Saks Fifth Avenue, she acquired over 13 years of highly-valued experience before joining Americana Manhasset as the luxury center's sole personal shopper. Working under the mentorship of esteemed real estate developer and philanthropist Frank Castagna, Merollo developed the department into a full-service experience, leading a team of three additional personal shoppers, four assistants and two seamstresses. Danielle and her team supported over 60 of the world’s most impressive brands and provided impeccable service to hundreds of personal shopping clients. Danielle also helped spearhead top-tier events in partnership with stores and charitable organizations, developing genuine long-lasting relationships with a plethora of celebrity clientele, which she plans on bringing to the Miami Design District. 

By Katya Demina

Miami-Based Private Equity Firm Galium Capital Completes Successful Investment Cycle With Sale Of Two Assets

Galium Capital, LLC, a Miami-based private equity group led by Jacques Bessoudo and Iser Rabinovitz, has announced the sale of two properties, successfully completing the firms first investment cycle. The properties sold include 95 Burnett, a multifamily property in Renton, WA, as well as The Shoppes at Lake Mary, a retail center in Lake Mary, FL. The sale of the properties led to Galium Capital producing gross returns of a 23.5% IRR and 1.85X multiple for their investors.

“We are excited for the conclusion of a great investment cycle of these two outstanding properties and producing successful returns for our valuable investors. The sales mark a reflection of the great momentum we have going throughout our portfolio and we look forward to maintaining solid growth as we close out 2021,” said Jacques Bessoudo, Managing Partner at Galium Capital.

The Shoppes at Lake Mary, located at 101 N. Country Club Road in Lake Mary, FL, was one of the first assets acquired by Galium Capital in April 2018. The 38,495 SF shopping center sold for $8.4 million after Galium Capital successfully executed a value add strategy by renovating and upgrading the roof, lighting, painting, landscaping and parking lot. The property was 94% leased at the time of sale with tenants including Lake Mary Dry Cleaners, Debs Kitchen, Pinch A Penny, Training for Warriors, Burn Boot Camp, Lighthouse Seafood, Morganic Meats and Foxcase LLC.

Galium Capital also successfully sold 95 Burnett, a 106-unit multifamily located in the Seattle MSA in Renton, WA for $40 million. Galium Capital acquired 95 Burnett in 2018 and executed a value add strategy through implementation of operational and capital improvement strategies including a major renovation of the building’s amenities and apartment units.

Recently, Galium Capital had been one of the most active buyers in the Houston, TX market. In the past 12 months Galium Capital has acquired over 1,100 residential units and 65K of retail square footage in prime locations throughout Houston’s Galleria submarket. In August Galium Capital closed on the 340-unit, LEED Gold-certified Millennium High Street for the group’s third acquisition in the Galleria-district after closing on on the 431-unit Tate Tanglewood in May 2021 and 361-unit, Fairmont on San Felipe in September 2020.

Galium Capital owns and manages a portfolio in excess of $600 million of commercial real estate assets across the multifamily, office, and retail sectors in major markets across the United States. You can learn more about Galium Capital at www.galiumcapital.com.

Maison Margiela and Palm Angels Open Miami Design District Boutiques

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. The brainchild of Miami-developer Craig Robins, Miami Design District is a pedestrian-friendly neighborhood, lined with luxury boutiques, fine dining destinations and rich art and cultural programming.

Palm Angels is an italian luxury streetwear fashion house founded by designer and photographer Francesco Ragazzi. The Palm Angels location is their first store in Miami, located at 173 NE 40th St. The design recreates the atmosphere of a swimming pool, through materials, graphic interventions and evocative messages. The pool theme expands to the shop-windows fixtures, characterized by round corners and mosaic cladding. A special counter, covered in ceramic tiles, displays a “No Diving” warning. While displays are designed to highlight the products 'artworks' qualities, the spatial container is devised to be re-programmable and flexible: furniture and displays are mobile and can be rearranged to accommodate exhibitions, live performances, talks and events. The new store design has been developed by the Milan based creative agency April, in tight collaboration with Palm Angels founder and creative director, Francesco Ragazzi.

An art director trained in fashion communication and a photographer, Milan-born Francesco Ragazzi started Palm Angels in 2011 as a photographic documentation of LA's skater culture. The endeavor evolved into a book, published by Rizzoli in 2014, and subsequently into clothing in 2015. Palm Angels stems from an Italian take on American culture and subcultures. It merges an appreciation for sartorial codes and a joy for fabric with a proclivity for using clothing as identity tropes and cultural signifiers.

Maison Margiela introduced its new store concept in the US with a flagship boutique at 142 NE 41 St. in Miami Design District. The store concept is developed by Dutch architect Anne Holtrop and reflects the evolved visual language established at the house by creative director John Galliano. The design was first introduced in the gypsum-cast set at the Artisanal Autumn/Winter 2018 show, and it interprets the Maison’s iconoclast codes in façade and interiors. The store is an abstract and inviting environment rooted in the notion of appropriating the inappropriate.

The 2,615 SF boutique spans over two levels and displays the complete range of Maison Margiela’s Co-Ed collections, men’s and women’s ready to wear, accessories, shoes, small leather goods, as well as jewelry, eyewear and fragrances. The flagship boutique features defining structures of architecture including walls and columns which appear as detached objects.

Artisanal furnishings reflect and alter ideas of familiarity. Hand-cast individually in textile molds, the surfaces of the plaster walls and columns retain the memory of fabric texture and evoke the notion of an irreproducible hand-spun tactility. Misfit furniture is designed in the memory of classic objects, deconstructed in form. The technique of décortiqué further materializes in shelves, display tables and seats carved in stained travertine, the natural indentations filled with colour-contrasting epoxy resin in optical white.

Maison Margiela is a fashion house founded in Paris in 1988 by Belgian designer Martin Margiela. Iconoclast and irreverent, the Maison presents Haute Couture, women’s and men’s ready-to-wear, its contemporary line MM6, accessories, fine jewellery, fragrances and interior design. In 2014, John Galliano took over the creative direction of the Maison. Mysterious and unconventional, a radical core intertwined with a non-standard elegance, Maison Margiela remains classic yet visionary, daring yet ambiguous.

Other new concepts to open in Miami Design District include luxury Italian coachbuilder ARES Design, who merges traditional hand craftsmanship with advanced technologies to create limited editions and one-off bespoke cars and motorbikes, and Children’s retailer Kids Atelier, who curates the world's most fashion-forward children's brands including Dolce and Gabbana, Versace, Moncler, Stone Island, Givenchy, DSquared, Comme des Garçons. New York based Broadway, film, television and acting coach and renowned theatre director, Matthew Corozine recently debuted the Matthew Corozine Studio, Inc. Miami (MCS), offering acting classes based on the transformational work of the Meisner technique, with classes taking place on an ongoing basis. Additionally, The New Orleans-based Eyewear brand KREWE has brought their traveling Tiny House to Miami Design District where guests will be able to browse a sampling of their handcrafted sun, optical and ACTIVE collections.

Florida East Coast Industries Lists ParkLine Miami Residential Above Brightline’s MiamiCentral Station For $500 Million

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 luxury residential units, will be listed on the market by the commercial real estate services firm Cushman & Wakefield. The firm’s Florida team of Robert Given, Troy Ballard and Zachary Sackley will lead the marketing efforts along with the support of the New York and Los Angeles offices which will include Doug Harmon, Adam Spies and Rob Rubano. The two ParkLine towers are part of a master-plan adjacent to 2 and 3 MiamiCentral, 285,000 SF of Class A office towers, and over 160,000 SF of retail. ParkLine Miami is the largest, single multifamily asset in the Southeastern US to be listed for sale to date. 

Residents at ParkLine Miami have direct elevator access to the MiamiCentral Brightline station along with the station’s new 26,000 SF culinary center by C3, Citizens, which will house elevated restaurants by globally-renowned chefs such as “Iron Chef” Masaharu Morimoto and Michelin Starred chef Dani García. Residents will also have direct access to retailers such as Publix, Starbucks, Chic-fil-A, Joe & The Juice and Einstein Bagels located adjacent to the property.

FECI developed ParkLine Miami as a transit-oriented development to complement the $4.5 billion invested in Brightline trains, the only provider of modern, eco-friendly high-speed rail in the nation. It is the most significant transit-oriented development (TOD) offering in the Southeastern US. Brightline currently serves Miami, Fort Lauderdale and Palm Beach with expansion stations in Aventura and Boca Raton opening in 2022. Construction to Orlando is on track to be complete by the end of 2022. Discussions remain underway with local stakeholders regarding expansion to Disney and Tampa. Brightline projects over nine million annual passengers once all Florida stations are completed. 

“This is a rare opportunity indeed, as the towers sit directly atop and are connected to the Brightline train platforms, in addition to three other modes of rail transportation and over 160,000 SF of retail in MiamiCentral,” noted Robert Given, executive vice chairman at Cushman & Wakefield. “MiamiCentral will undeniably be the center of gravity of the Miami MSA for generations to come.” 

The future expansion of MiamiCentral includes a Miami-Dade commuter rail system with stations in Wynwood, the Design District, El Portal, North Miami and FIU’s Biscayne Bay Campus. With the stations in Orlando and Tampa, the connectivity provided by ParkLine Miami is unprecedented in the multifamily environment. 

“ParkLine is the definition of metropolitan living and FECI strategically built these two towers above Brightline to offer a car-optional lifestyle and promote alternative, eco-friendly transportation options,” said Sarah Watterson, chief development officer at FECI. “More and more, people who live at the core of major cities today seek a lifestyle of interconnectivity without sacrificing time and money. ParkLine is meeting those needs and more with its integration to Brightline.” 

In addition to the Tri-County connectivity provided by Brightline and MiamiCentral, ParkLine Miami’s residents will benefit from Brightline’s new and first-of-its-kind, door-to-door service. This will include a fleet of both private and third-party vendor vehicles supporting point-to-point service beyond the train and making a car-optional lifestyle possible. All services will be available through the Brightline app and will further create transportation access to everything from scooters, bikes and electric micro-rides to shuttles and chauffeured Teslas.  

Perched above Downtown Miami, at 100 NW 6th Street, ParkLine Miami puts residents just minutes from the city’s hottest neighborhoods, including Wynwood and the Design District, with access to a plethora of dining, retail, arts and culture, and events. Opt for a stroll to the Adrienne Arsht Center for the Performing Arts, Frost Science Museum, Perez Art Museum or FTX Arena. The property is also adjacent to Miami World Center, a $4 billion development underway with over 300,000 SF of retail slated to begin openings this year. Convenient accessibility to the Miami Metrorail and Metromover allows for a car-free lifestyle, with major thoroughfare I-95 located nearby for those who so desire.

By Katya Demina

Construction Goes Vertical at Miami Worldcenter’s 78,000 SF Jewel Box Retail Building

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. Slated for completion in the second quarter of 2022, the iconic ‘Jewel Box’ building will feature two levels with approximately 78,000 SF of retail space including an expansive rooftop overlooking the development’s World Square plaza. Featuring a modern design enclosed with floor-to-ceiling glass, the Jewel Box is located at the confluence of 7th Street Promenade and World Paseo open-air retail pedestrian streets, directly west of the upcoming citizenM boutique hotel and north of luxury apartment tower Bezel at Miami Worldcenter. 

More than 150,000 sSF of retail space at Miami Worldcenter has already been completed, with another 130,000 SF currently under construction and nearing delivery. Newly announced restaurant tenants set to open in 2022 include Chicago’s Maple & Ash and etta, and Miami chef Michael Beltran’s Brasserie Laurel and El Vecino. 

“The final elements of this world-class retail development plan are coming together, and the design and concept for the signature ‘Jewel Box’ element reflects the strong feedback we’ve received from brands from around the world and across South Florida,” said developer Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “Traditional retailers, food and beverage, and entertainment concepts see value in having a presence in a well-located, well-connected site combining residential, hotel, office and retail uses within a single master-planned development.” 

As the largest private development underway in Florida, Miami Worldcenter features a diverse mix of residential, commercial and hospitality properties complemented by a total of 300,000 SF of  retail, restaurant, and entertainment businesses. These include two completed residential buildings: the 60-story Paramount Miami Worldcenter condominium and the 43-story Caoba luxury apartment tower. Construction is nearing completion at ZOM Living’s 43-story Bezel at Miami Worldcenter residential tower and at the 351-room citizenM hotel, both of which are expected to open later this year.  

Complementing Miami Worldcenter’s open-air retail will be World Square, a 20,000 SF public plaza and park. Designed as a central gathering place and outdoor event space, World Square will serve as the heartbeat of the city-within-a-city 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 occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; FTX Arena; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Wolfson Campus. It is also adjacent to Brightline’s MiamiCentral station, which will soon offer direct train service to Fort Lauderdale, West Palm Beach, and Orlando, together with access to Tri-Rail, the Metromover, and the Metrorail, making Miami Worldcenter the largest and most connected transit-oriented development in Florida.  

Swire Properties' The Shops at Brickell City Centre Now 97% Leased After Announcing 9 Retail Leases In Last 30 Days

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 in the last 30 days.

Beach Bunny, Bikiny Society, Solea Medical Spa and Beauty Lounge, Indochino, Elie Tahari, and the San Francisco-based preventative healthcare startup Forward Health have opened their doors at the centre. Joining them will be Café Americano, TOMS, and Intimissimi. These lifestyle, clothing, hospitality and wellness tenants reflect Swire Properties’ core belief in creating dynamic, diverse, and inclusive spaces at The Shops at BCC.

“We are proud to announce our new tenants that have helped fuel our leasing success with The Shops at BCC approaching 100 percent leased during this unprecedented time and nearly 71 percent sales growth so far this year,” said David Martin, vice president of retail for Swire Properties. “Swire is dedicated to offering a well-rounded mix of attractions for locals and tourists alike, and I look forward to seeing these premier retailers becoming a part of Miami’s most dynamic destination.”