CIM Group

Three New Retail Tenants Announced for Miami Worldcenter’s Expanding Commercial Space

Three new retail and restaurant concepts are set to open at Miami Worldcenter, the $6 billion, 27-acre mixed-use development reshaping Downtown Miami. The project’s ownership group has finalized leases with Go Greek Yogurt, HŸP, a sneaker and streetwear retailer, and SkinSpirit, a medical aesthetics clinic and spa. These additions are expected to open by early 2025.

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Lucid Motors Opens 23,000-Square-Foot Location At Miami Worldcenter

Luxury electric vehicle manufacturer, Lucid Motors, has opened its newest facility at Miami Worldcenter, a transformative mixed-use development in Downtown Miami. The location, spanning nearly 23,000 square feet, features a Lucid Studio where customers can experience the brand’s luxury electric vehicles, including the award-winning Lucid Air sedan. Operating from Monday to Friday, 11:00 a.m. to 7:00 p.m., and on weekends with adjusted hours, the facility also serves as a service and delivery center for the Lucid Air. Lucid’s Miami Worldcenter location offers an immersive environment that showcases the company’s distinctive design aesthetic.

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Savage X Fenty, lululemon, Ray-Ban & Posman Books Coming to Miami Worldcenter in Downtown Miami

Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional 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; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.

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Sports & Social Dining And Entertainment Concept Coming to Miami Worldcenter’s ‘Jewel Box’

A national dining and entertainment concept will be joining the already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has signed an agreement with Live! Hospitality & Entertainment to bring its nationally acclaimed concept, Sports & Social, to the project. 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, designed by Nichols Architects, and will include an open-air third level and a rooftop restaurant overlooking the World Square public park and plaza.

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Developers Acquire 26-Acre Development Site For Planned $120 Million Class-A Residential Community In Cape Coral

West Palm Beach-based real estate developer Shoreham Capital, in partnership with Salt Lake City-based Bridge Investment Group and Denver-based Wynkoop Financial, announce the acquisition of a 26-acre development located at 186-264 Tierra De Paz Loops in Cape Coral, Florida. The planned $120 million development, dubbed Siesta Lakes, will be a Class-A residential rental community. Current plans for Siesta Lakes include 412 apartment units comprising one-, two-, and three-bedroom floor plans, with each residence having a private balcony, as well as open concept living areas and high-end finishes. Amenities will include a gym, pool, dog park, pickleball courts, business center, and more. Construction is slated to begin in Q4 2022.

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