Miami Worldcenter, the 27-acre – $4 billion mixed-use development led by Art Falcone, Nitin Motwani and CIM Group, has signed on three new major retail tenants to lease up space. Multinational beauty retailer Sephora, electric vehicle manufacturer Lucid Motors, and bowling chain Bowlero will occupy a combined 60,000 square feet of space. Leasing is being led by the CIM Group and Miami-based The Comras Company, and are scheduled to open retail venues in 2022.
World Square Plaza. Courtesy of Miami Worldcenter.
Sephora will be well positioned within Miami Worldcenter, leasing up more than 6,000 square feet at the World Square Plaza, a 20,000-square-foot public plaza and park that will run along the 7th Street Promenade.
Lucid Studio & Service Center in Beverly Hills, CA.
Lucid Motors will be taking up approximately 23,000 square feet of space and converting it into a multi-use facility. The company will have a Lucid Studio, which will allow customers to experience the brand and its lineup of luxury electric vehicles. The location will also serve as a service facility and a delivery center. The facility will be located along 1st Avenue and 10th Street, within the retail component of Paramount Miami Worldcenter on Block C West.
World Square Plaza. Courtesy of Miami Worldcenter.
Bowlero will occupy over 31,000 square feet of space within the 78,000-square-foot “Jewel Box” retail building at Block F West. The venue will have 28 signature blacklight bowling lanes, plush lounge-style seating and video screens. The new Bowlero will also feature an arcade with 75 games, a sports bar and food and beverage offerings.
Retail leasing at Miami Worldcenter is being led by CIM Group and Miami-based The Comras Company. At completion, the development will feature nearly 300,000 square feet of retail, dining and entertainment spaces.
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