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. Miami Worldcenter, a $6 billion mixed-use development, is one of the largest in the U.S. and has activated Downtown Miami with global retail and dining brands, residential towers, hotel options, and new public spaces. Under the new ownership structure, Falcone Group will serve as General Partner responsible for day-to-day operations, joined by ROK Acquisitions and Andrew Mirmelli, with Davis and Jamestown serving as Limited Partners.

Miami Worldcenter’s journey began two decades ago with the assemblage of more than 30 parcels in Miami’s Park West neighborhood and in 2011 the current Miami Worldcenter Associates partnership was formed with Falcone Group, Nitin Motwani and CIM Group. Miami Worldcenter Associates has led the project’s construction in tandem with best-in-class developers from across the country. Along the way, Miami Worldcenter has catalyzed the revitalization of Downtown Miami, with billions in private sector investment pouring into the surrounding district and more than 100,000 residents now calling the neighborhood home.

The following properties are included in the transaction:

• Block H Garage – 644 NE 2nd Avenue (922 parking spaces)

• Block H Retail – 652 NE 2nd Avenue

• Block F West – 725 NE 1st Avenue (including the Apple store at 100 NE 8th Street)

• Block F East – 150 NE 8th Street

• Block D East Retail – 850 NE 2nd Avenue

• Block D East Garage – 888 NE 2nd Avenue (1,100 parking spaces)

• Block CD West – 851 NE 1st Avenue

“The coming to life of Miami Worldcenter has been a two-decade journey that began with the belief that Downtown Miami was poised to become a true global destination. What was once a stretch of vacant lots is now a vibrant, walkable neighborhood that reflects the energy, diversity, and ambition of our city. When CIM Group joined the partnership it provided momentum, enabling the team to realize our shared vision for Miami Worldcenter, and as the new owners, we’re committed to sustaining the property’s success well into the future,” said Falcone Group CEO and Miami Worldcenter Associates Founding Partner Art Falcone.

“When CIM Group team members first visited the Miami Worldcenter development site, it was collection of overgrown dirt plots and underutilized structures—but it was clear that this was a premier location with potential for a thoughtfully designed mixed-use development,” said Shaul Kuba, Co-Founder and Principal, CIM Group. “CIM Group joined Art Falcone and Nitin Motwani in a shared vision to create a dynamic, game-changing destination that has been realized as Miami Worldcenter.

The Davis Companies’ involvement reflects a shared conviction in Miami Worldcenter’s strong foundation, long-term potential, and next phase of growth. By combining continuity of vision with additional institutional capital, strategic oversight, and operational discipline, the partnership is well positioned to build on the project’s early success and thoughtfully execute the next phase of leasing, activation, and customer experience initiatives that will further elevate both performance and placemaking.

Davis, a Boston-based investment, development and real estate fund management company that is celebrating its 50th anniversary in 2026, is making this investment in Miami Worldcenter as the firm expands its portfolio of transformational projects turning underused underutilized space into vibrant mixed-use destinations.

“Miami Worldcenter is recognized nationally for its evolution from parking lots, low rise industrial buildings and undeveloped space to an entirely new district within a city, creating endless opportunities for residents to live, shop and socialize all in one neighborhood,” said Jerry Murphy, Managing Director of Investments at Davis. “This partnership with Falcone and Jamestown will unlock new potential for the site’s retail components as it enters its next chapter. Davis is thrilled to expand our South Florida portfolio and to be part of a project redefining the urban landscape in the vibrant and dynamic Downtown Miami area.”

Home to an array of shopping, dining, entertainment options set alongside thousands of residences and hotel rooms, Miami Worldcenter is a master-planned development which features 300,000 square feet of retail, $100 million in privately built infrastructure, 100,000 square feet of public space, a $5 million collection of public artworks, and more than 16 residential and hospitality towers – many of which are already completed or underway.

“More than a master-planned development, Miami Worldcenter is a true city within a city that has transformed Downtown Miami with top retail brands and food and beverage operators from around the world. Bringing it all together is an amazing network of public spaces that are bringing our community together every day. This would not have been possible without the foresight of Falcone Group and CIM Group, which understood the potential for this neighborhood long before anyone else,” said longtime Miami Worldcenter Associates Managing Partner Nitin Motwani.

The first phase of retail development was completed and opened in early 2025 and is now home to an array of global brands – including a flagship Apple store, Sephora, Lululemon, Ray-Ban, Lucid Motors, Free People, Savage X Fenty, Posman Books, HŸP Sneakers & Streetwear, Timeluxe, Openbank by Santander, SkinSpirit, Blo Blow Dry Bar, and Club Studio.

Miami Worldcenter’s food and beverage offerings include Maple & Ash, Eight Bar, Sixty Vines, Earls Kitchen + Bar, Sweet Paris Crêperie & Café, and Starbucks, and local favorites including Serafina, and Go Greek Yogurt. Entertainment destinations include Lucky Strike Bowling and the immersive Museum of Ice Cream.

Supporting Miami Worldcenter’s retail tenants are several residential towers which bring a built-in population that have been developed by notable owners such as of Related Group, Naftali Group, Witkoff, Adam Neumann’s Flow, Merrimac Ventures, Aria Development Group, Lalezarian Properties, Falcone Group, Abbhi Captial, and Lynd Group. On the hospitality front, the citizenM Miami Worldcenter hotel is now open, with additional hotel concepts set to debut in future phases.

Complementing these commercial and residential offerings is convenient access to rail, road, and pedestrian connections, with Miami Worldcenter standing as South Florida’s premier transit-oriented development. Located adjacent to Brightline’s MiamiCentral Station – a high-speed rail hub linking Downtown Miami to major cities across Florida – the development is also seamlessly connected to Tri-Rail, Metrorail, Metromover, and the Brickell/Biscayne trolley systems, ensuring effortless regional mobility.

Images via Miami Worldcenter and Blue Water Drones

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Club Studio Opens Flagship Fitness Concept at Miami Worldcenter, Bringing Boutique Wellness to Downtown Miami

Fitness International, LLC, the company behind LA Fitness and Esporta, has officially unveiled its 15th Club Studio® location — a 38,000-square-foot flagship facility at Miami Worldcenter, one of the largest and most transformative urban developments in the country. The state-of-the-art destination blends boutique fitness, recovery, and social wellness, marking a major step in Club Studio’s nationwide expansion.

“Our corner location at Miami Worldcenter brings our full concept to life, giving members the complete experience,” said Nick Roberts, Chief Real Estate Officer at Fitness International. “With over 30 years of operating history in Miami, we understand the transformative impact of the Miami Worldcenter development. Launching our first Florida Club Studio location here feels both natural and exciting.”

Club Studio offers a full range of premium training environments and recovery options under one roof. The flagship location introduces five boutique studio concepts, each designed to maximize results and engagement:

• Strength: High-intensity CS4® classes using treadmills, rowers, ski-ergs, and functional strength equipment.

• Box: Signature boxing workouts combining technique, athletic conditioning, and endurance.

• Ride: Immersive rhythm-based cycling with coordinated lighting and upper-body integration.

• Hot Yoga: Heated “Sweat +” sessions blending traditional asanas, yin poses, and dynamic flows.

• Pilates: Reformer-based resistance classes designed to lengthen, tone, and strengthen the body.

Complementing its studios, the facility features Cryotherapy and Recovery zones offering localized and full-body cryotherapy, massage beds, compression therapy, and percussion tools for athletic recovery. Members also enjoy towel service, personal training, and a Kalologie® Medspa, along with Beaming, a healthy café serving smoothies, snacks, and meals. A curated retail boutique offers apparel and wellness products.

“Club Studio’s arrival at Miami Worldcenter marks an important milestone for our development and for Downtown Miami as a whole,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “As one of our marquee tenants, Club Studio brings an entirely new level of health and wellness offerings to the urban core — a destination that blends boutique fitness, recovery, and lifestyle amenities under one roof.”

Developed by Miami Worldcenter Associates, led by Art Falcone and Nitin Motwani, in partnership with CIM Group, Miami Worldcenter spans 10 city blocks and represents more than $6 billion in investment. The master-planned district integrates residential, retail, hospitality, and entertainment offerings that continue to shape Downtown Miami’s identity as a premier live-work-play destination.

Club Studio® is a next-generation fitness brand by Fitness International, LLC, combining multiple boutique studios, premium amenities, and advanced recovery within a single membership experience. The brand currently operates 15 locations nationwide, with plans to reach 50 by 2026.

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.

“As one of my first hospitality acquisitions in South Florida, this property set the tone for what was possible,” said Rivani. “The space is one of Miami’s most beautiful waterfront assets and will always hold deep meaning for me. With this milestone, my focus is on creating the next generation of lifestyle experiences that will continue to elevate the city’s hospitality and office landscape.”

Completed in 2018, the two-story 12,316-square-foot space sits at 3101 N.E. 7th Avenue in Miami’s vibrant Edgewater district and is home to Amara at Paraiso, the celebrated Latin American restaurant from The Genuine Hospitality Group led by James Beard Award-winning chef and restaurateur Michael Schwartz. Rivani purchased the property in 2021 for $12.1 million. The indoor-outdoor waterfront venue features a main dining room and bar with seating for 150, floor-to-ceiling windows with sweeping Biscayne Bay views, and deck seating for 70 guests directly on the water. The property’s central location offers excellent connectivity to all major submarkets in eastern Miami via Biscayne Boulevard, Interstate-195, the MacArthur Causeway, Interstate-95, Interstate-295 and the Dolphin Expressway.

JLL Capital Markets Senior Managing Director Alex Sharrin, Director Jeffrey Cicurel and Analyst Noel O’Donnell represented RIVANI in the transaction.

RIVANI has amassed more than $250 million in prime South Florida assets in recent years, with a portfolio that includes acclaimed destinations including the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building undergoing a $100 million redevelopment. In 2025 alone, RIVANI has made headlines with a series of record-breaking deals, including securing Playboy’s global headquarters, acquiring the historic Lincoln Theatre for $37 million, selling Catch Miami Beach for $28.2 million, and completing a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel — one of the year’s most significant hospitality-driven transactions.

Images via Cristianna Duvall & Daniese Betito

RIVANI Acquires Historic Lincoln Theatre Building In Miami Beach for $37 Million

Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M. Following the momentum of the announcement that Playboy will relocate their global headquarters to the penthouse at RIVANI’s flagship project at 1691 Michigan Avenue, this latest acquisition further solidifies Rivani’s footprint on Miami Beach and signals a bold new chapter for the city’s most iconic pedestrian promenade.

“This is one of the most iconic properties on Lincoln Road and has the potential to reignite the area as the cultural heartbeat of the city,” said Rivani. “Our continued investment in Miami Beach is a strategic commitment to its long-term future, and 551 Lincoln is a cornerstone of our vision to make Lincoln Road great again.”

Secured at well below market value, the historically designated 1935 Art Deco property spans 35,240-square feet and is currently 98% leased to a premier tenant roster, including H&M, Swatch, Chilli Beans, and Tapelia Spanish Cuisine. H&M occupies approximately 84% of the building, operating its flagship Miami Beach store, while Swatch recently completed a full renovation and reopened in July of this year.

The property has received nine prestigious awards across global, national, state, county, and local levels, including the highly coveted ULI Visionary Project of the Year Award. With ongoing development and anticipated zoning changes in and around Lincoln Road, demand for prime retail and hospitality locations in the area continues to rise. The sale was brokered by JLL’s Danny Finkle and Evan Larh.

Rivani has amassed over $250 million of prime South Florida assets over the past few years, with $150M invested in Miami Beach alone. His holdings include acclaimed destinations including Amara at Paraiso, the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building. This year alone, he made headlines with a string of record-breaking deals, including the Playboy lease announcement, the $28.2 million sale of Catch Miami Beach—setting a Florida record for a freestanding restaurant—and a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel, marking one of 2025’s most significant hospitality-driven transactions.

Images via RIVANI and Anna Osborn

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. The deal marks the conclusion of a decade-long partnership between the two firms and further consolidates Simon’s presence in one of Miami’s most high-profile mixed-use developments.

Prior to this acquisition, Simon, one of the world’s largest real estate investment trusts focused on premier shopping, dining, and mixed-use destinations, held a 25% stake in the retail component of Brickell City Centre. Swire Properties, the original developer of the project, retained a 75% interest in the retail and full ownership of the parking facilities. With the completion of this transaction, Simon now assumes full ownership and management responsibilities for both the retail and parking at the development.

Completed in 2016, Brickell City Centre has become a defining element of Miami’s evolving skyline and urban experience. The project spans approximately five million square feet and includes a 500,000-square-foot open-air retail center, designed with its signature Climate Ribbon—an architectural canopy that provides shade, enhances airflow, and collects rainwater, contributing to the center’s sustainability features.

The retail center stretches across three city blocks and offers four levels of shopping, dining, and entertainment, anchored by Saks Fifth Avenue and home to more than 90 retail stores, including Apple, Chanel Fragrance & Beauty Boutique, Nike, Coach, Zara, and Richard Mille. Dining and entertainment options range from Casa Tua Cucina and Motek to CMX’s luxury cinema and PuttShack, reinforcing Brickell City Centre’s position as a premier lifestyle destination.

Swire Properties described the divestment as part of its ongoing capital recycling strategy, which focuses on reallocating resources into new growth opportunities. Proceeds from the sale will support the company’s HK$100 billion global investment plan announced in 2022, with HK$20 billion allocated specifically for residential development projects such as The Residences at Mandarin Oriental, Miami. That project has already surpassed $1 billion in contract sales, with more than 50% of South Tower units sold.

Simon has indicated that it will retain as many members of Brickell City Centre’s existing operations team as possible to ensure a seamless transition. The acquisition consolidates Simon’s position within Miami’s growing retail and mixed-use market, adding another high-profile asset to its portfolio at a time when the Brickell district continues to attract global attention as a center for finance, technology, and luxury development.

Images via Swire Property Group

THE ST. REGIS BAL HARBOUR RESORT DEBUTS BH PRIME STEAKHOUSE

The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.

BH Prime’s menu centers on classic steakhouse offerings with global accents. Highlights include the Miyazaki A5 Japanese Wagyu New York Strip, a 32 oz. USDA Prime Longbone Tomahawk, and a 14 oz. USDA Prime Boneless Ribeye, served with a signature smoking tableside finish. The raw bar features selections like chilled jumbo shrimp, seasonal oysters, and a royal seafood tower, while main courses also include miso-glazed sea bass and Ora King salmon with Mediterranean-inspired accompaniments.

In a nod to the space’s previous identity, a selection of upscale burgers remains on the menu, including a Bison Burger with maple pepper bacon, cambozola cheese, and Buffalo Trace BBQ sauce. The sides and starters are indulgent, ranging from truffle parmesan fries to lobster-infused “Angry Shrimp” and Gruyère mac & cheese.

BH Prime is also introducing a caviar program in partnership with luxury purveyor Petrossian, offering access to rare selections such as Tsar Imperial Ossetra and Royal Daurenki. The bar program was developed in collaboration with international mixologists from Hong Kong, Singapore, and Bangkok, and includes a curated wine list and an inventive cocktail selection. Executive Pastry Chef Nagypsy leads the dessert offerings, with standout items like a salted caramel crème brûlée and a layered chocolate ganache cake served with Cuban coffee ice cream.

The concept was brought to life by by General Manager Carlo Javakhia, a veteran of the global restaurant scene with past projects in Athens, Dubai, and Doha. He’s joined by Executive Chef Adrian Colameco, a Florida native whose cooking blends classical technique with Latin influences. Their leadership is complemented by the resort’s Director of Food & Beverage Fabien Gnemmi, whose Michelin-starred experience across Europe adds further depth to the project.

BH Prime seats 58 guests total and is open daily from 4:30 PM to 11:00 PM. The restaurant is open to the public, and in-room dining service is available for hotel guests. As Bal Harbour continues to attract affluent travelers and residents, BH Prime adds a new layer of luxury to the area's dining scene, positioning itself as a go-to for elegant evening meals in one of Miami’s most upscale beachfront neighborhoods.

$6 Billion Mixed-Use Miami Worldcenter Set For Official Grand Opening in Downtown Miami Welcoming New Restaurant And Retail Concepts

After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays. A flurry of new openings – from acclaimed restaurants and stylish cafés to retail and lifestyle staples – is bringing new energy to Downtown Miami’s urban core. Chicago’s famed steakhouse Maple & Ash, Earls Kitchen + Bar, and Sweet Paris Cręperie & Café are now open, joined by new tenants including The Spot Barbershop and Starbucks, adding to the project’s dynamic tenant mix that blends global flavors, lifestyle concepts, and everyday conveniences.

Miami Worldcenter was developed by Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with Los Angeles-based CIM Group. Spanning 10 city blocks, 27 acres, in the heart of Downtown Miami, the $6 billion mixed use development blends residential, retail, hospitality, entertainment, and public spaces at the center of the city’s cultural core.

“As one of the largest and most ambitious urban developments in the U.S., Miami Worldcenter is delivering on its promise of creating a true ‘city within a city,’” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “With every new opening – whether it’s a flagship restaurant, boutique shop, or everyday service – we’re bringing our vision of a connected, mixed-use community to life in the heart of Downtown Miami.”

Recently Opened Tenants:

Maple & Ash: The Chicago-based, award-winning steakhouse has debuted its boldest venture yet – a 22,000-square-foot, two-story flagship that blends culinary mastery with unrestrained luxury. 699 NE 1st Avenue

Sweet Paris Cręperie & Café: Known for its ‘art of eating crępes,’ this elegant café serves up sweet and savory crępes, waffles, paninis, and handcrafted cocktails. 851 NE 1st Avenue, #105

Earls Kitchen + Bar: A chef-driven restaurant offering globally inspired dishes, craft cocktails, and a vibrant, welcoming atmosphere. 150 NE 8th Street, #146

The Spot Barbershop: A South Florida favorite since 2001, The Spot brings its signature industrial design, classic bar, and upscale barbershop experience to Miami Worldcenter. This 1,700-square-foot location marks its third in Downtown Miami. 851 NE 2nd Avenue, #124

Starbucks: Serving its signature coffees, teas, and bites, this new café features original murals by local artists Jhonattan and Samantha Arango (Art of Anón), adding a distinct Miami touch to the beloved global brand. 150 NE 8th Street, #147

“Every opening adds to the diversity of options for visitors to Miami Worldcenter who will find great dining, shopping and entertainment in a lively atmosphere which invites guests to linger and fully experience all aspects of this new destination,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Miami Worldcenter is home to iconic global brands, world-class dining, public art displays, and entertainment for all ages. This pedestrian-oriented corridor offers nearly 300,000 square feet of street-level retail, dining, and lifestyle experiences designed to energize the heart of Downtown Miami.

Anchored by Downtown Miami’s first Apple store, Miami Worldcenter is home to a curated collection of premier retailers including Sephora, Lululemon, Ray-Ban, Lucid Motors, Free People, Savage X Fenty, The Container Store, Posman Books, HźP Sneakers & Streetwear, and The Spot Barbershop. Tenants opening soon include Openbank by Santander, SkinSpirit, Blo Blow Dry Bar, Bijoux et Montres, and Club Studio.

The culinary lineup showcases a diverse mix of global flavors and formats – from signature destinations like Maple & Ash, Sixty Vines, Earls Kitchen + Bar, Sweet Paris Cręperie & Café, and Starbucks, to local favorites including Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar. Eateries coming soon include the New York-famous Italian staple Serafina, Go Greek Yogurt, and the highly anticipated JUVIA, a beloved Miami favorite known for its rooftop views, striking design, and a fusion of French, Japanese, and Peruvian flavors.

For entertainment, families and visitors alike can enjoy Lucky Strike Bowling and the immersive, multi-sensory Museum of Ice Cream – making Miami Worldcenter a destination for shopping, dining, and play that reflects Miami’s vibrant energy and global appeal.

Miami Worldcenter is planned to bring more than 11,000 residential units to market over the course of the multi-phase development. Several luxury apartment and condominium towers are already completed, with thousands of additional units actively under construction or in planning. On the hospitality front, more than 1,100 hotel rooms are expected across the site, with the citizenM Miami Worldcenter hotel now open and additional hospitality destinations slated to debut in future phases.

As South Florida’s largest transit-oriented development, Miami Worldcenter offers unmatched connectivity with direct access to major expressways, MiamiCentral Station, and Brightline’s high-speed rail linking Downtown Miami to cities across Florida. Integrated with Metrorail, Metromover, Tri-Rail, and the Brickell/Biscayne trolley systems, it provides effortless regional access. Miami Worldcenter’s prime location puts it within walking distance of Museum Park, the Kaseya Center, the Adrienne Arsht Center, and Miami Dade College’s Wolfson Campus, placing it at the heart of Miami’s cultural and entertainment district.

Before & After:

Images via Miami Worldcenter | Before & After via PROFILEmiami

Forward Hospitality Group and CHEF RAHEEM SEALEY Open Asian Smokehouse Shiso in Wynwood

Chef Raheem Sealey, known for his influential roles at KYU and Drinking Pig, in partnership with Forward Hospitality Group, have successfully opened Shiso—an Asian Smokehouse that uniquely fuses Caribbean influences, Japanese precision, and wood-fired BBQ techniques.

Drawing on his roots from St. Croix and refined training at Le Cordon Bleu in Miami, Chef Sealey has created a menu that celebrates global flavors with innovative twists. The dishes, crafted for sharing, have quickly become a favorite among locals and visitors alike. Standout offerings such as the “Shiso Chicken Please”—a Cornish hen presented both smoked and fried with a distinctive white BBQ sauce—and the inventive Oxtail Gunkan, which layers smoked BBQ oxtail with pickle relish, rice, and a house-made oxtail ‘ju-su’ wrapped in nori, are a testament to the chef’s passion and culinary mastery.

Shiso’s physical space marries raw urban energy and refined elegance in its contemporary design. The venue, located at 239 NW 28th Street, offers an environment where exposed concrete beams adorned with graffiti art contrast with an illuminated quartz stone bar and polished weathered brick corridors. Inside, serpentine banquettes and expansive views of Miami’s horizon invite guests to linger and savor the dynamic atmosphere.

The restaurant’s impact is further extended by its striking 6,500-square-foot rooftop area. This vibrant space features a 35-seat racetrack-shaped bar with a retractable roof and semi-private dining cabanas, all set amidst a 2,000-square-foot green garden teeming with palm trees. This outdoor setting has quickly become a hotspot for those seeking a unique blend of culinary excellence and social engagement.

Inside Shiso, the dining experience goes beyond food. An open-kitchen layout infuses the space with culinary theater, where chandeliers illuminate dining areas framed by local murals and exposed brick. A 15-seat Chef’s Counter offers guests an exclusive, interactive Omakase experience, further enhanced by the expertise of Miami-based mixologist James MacInnes, who leads a world-class bar program emphasizing both craft and spectacle.

The venue is equally noted for its artistic elements. From a captivating street art mural that guides guests toward the rooftop, to a Harajuku-inspired bathroom featuring bold anime art, every detail reflects Wynwood’s creative spirit. Additionally, an origami-inspired entrance crowned with a sculptural wooden paper crane sets the stage for what has become a landmark destination blending food, culture, and art.

Now open Tuesday through Sunday from 5 PM to close, Shiso has quickly become more than just another restaurant—it is a dynamic hub where Miami’s culinary innovation meets the creative energy of Wynwood. The venue invites diners to connect, explore, and celebrate an integrated experience where tradition and innovation coexist. With its bustling indoor dining space and extensive rooftop area, Shiso is set to remain a centerpiece in Miami’s vibrant dining scene.

Robert Rivani's Black Lion Investment Group Sells Restaurant Space Occupied by CATCH in South Beach For Record $28.2 Million

Black Lion Investment Group, led by Robert Rivani, has sold one of their trophy assets in Miami Beach’s highly sought after South of Fifth neighborhood for $28.2 million to Texas-based investor River Oaks Properties, led by its President Adam Frank. Purchased in 2022 for $11.5 million, Black Lion strategically acquired the location at 200 South Pointe Drive and within weeks signed a 15-year lease to bring in CATCH, one of the most renowned dining destinations in the country. The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.

“We are proud to have played a key role in bringing a world-class tenant to one of Miami’s most iconic neighborhoods. CATCH has elevated the city’s dining scene, and we are grateful to their team for placing their trust in us and our property,” said Rivani. “This deal underscores the resilience and growth potential of the restaurant industry in the South Florida market.”

CATCH first opened its doors in New York City's Meatpacking District in 2011. Its Miami outpost, which debuted last summer, offers an impressive 23,000-square feet of space. The restaurant showcases a mix of indoor dining and an outdoor rooftop space, designed by Rockwell Group.

JLL Capital Markets' Alex Sharrin and Jeffrey Cicurel represented Black Lion in the transaction, and procured the buyer represented by Pegasus Investment's David Chasin and Daylin Ackerman.

“CATCH Miami Beach represents a rare fusion of a critically acclaimed dining operator, underpinned by credit, and positioned amidst some of the most coveted real estate in the country – Miami Beach’s South of Fifth neighborhood,” Sharrin added.

Black Lion’s portfolio includes an impressive array of hospitality-driven properties with tenants including Gekko, Amara, Rosa Negra, and the upcoming GAIA. Rivani recently cemented his bullish run on Miami by purchasing a 160,000-square foot office building at 1691 Michigan Ave in April 2024. Coined ‘The Rivani’, the hospitality visionary plans to transform the office building into a Class X space showcasing features you would find at an exclusive 5-star hotel including a concierge, spa, meditation room, fitness center, salon, cafe, and a Japanese restaurant and speakeasy.

“Miami continues to solidify its status as a world-class, thriving city and we are proud to play a part in its evolution,” said Rivani. “We are excited to soon unveil an incredible lineup of tenants who will be joining ‘The Rivani’ this year.”

Carbon Neutral Apple Miami Worldcenter Now Open In Downtown Miami's Miami Worldcenter

In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.

Located in the heart of the fast-developing Miami Worldcenter project, the store occupies 15,000 square feet at 725 NE 1st Ave. The Miami Worldcenter itself is an ambitious 27-acre development, boasting a $6 billion investment and featuring a mix of residential, commercial, and hospitality assets. With the Apple store situated adjacent to a 20,000-square-foot outdoor public plaza, dubbed World Square, it’s designed to enhance community interaction and pedestrian traffic. This stylish, one-story structure will not only deliver Apple’s renowned customer experience but will do so in an environmentally conscious manner.

Reflecting Apple’s commitment to sustainability, Apple Miami Worldcenter has been constructed using regionally sourced mass timber and other low-carbon materials, successfully reducing the carbon intensity of its construction. The store operates on 100% renewable energy, achieving carbon neutrality in its operations. The design embraces biophilic principles, creating a seamless connection between the interior and the lush green surroundings, which is particularly inspired by Miami’s diverse and multicultural landscape.

Accessibility is a core focus of the new space, featuring universal design principles to accommodate all customers. The layout includes varied table and seating heights to facilitate product exploration, spacious access routes for wheelchair users, and assistive listening technology for customers who use hearing aids.

Furthermore, the Miami store introduces the first dedicated Apple Pickup area in the city, streamlining the process for customers who prefer to shop online and collect their orders in-store.

To celebrate its grand opening on January 24 at 10 a.m., Apple Miami Worldcenter will host a lineup of special programs. Customized sessions of Today at Apple will highlight the store's unique environment and sustainable design, along with special Made for Business events facilitated by local entrepreneurs. Visitors will have the opportunity to engage with Apple’s rich ecosystem of products, featuring the latest iPhone 16, iPad, MacBook Pro, and more.

The store's team, comprising over 150 Apple specialists, is dedicated to providing exceptional support and education to customers, helping them navigate Apple's innovative features and tools.

Miami Worldcenter stands as one of the largest privately owned urban development projects in Florida. Its ongoing phases are set to incorporate a breathtaking mix of lifestyle, dining, and retail experiences, alongside residential towers. Ground-breaking new restaurants, retail brands, and hospitality venues—including a citizenM hotel and a Lucid Motors showroom—are already part of the vibrant landscape.

With the Miami Worldcenter Apple Store, the development promises not just to bolster the local economy but also enrich community ties through technology and innovation. As Miami continues to evolve as a tech hub, Apple’s presence aligns perfectly with the city’s vision for growth and sustainability.

Renderings via Apple