Miami Worldcenter almost full after 3 retailers sign leases
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Miami Worldcenter almost full after 3 retailers sign leases

Sep 26 2024

Miami Worldcenter has nabbed three new retail tenants.

The $6 billion mixed-use development in downtown Miami announced it has secured leasing with Go Greek Yogurt, a Beverly Hills-based yogurt bar and cafe; HŸP, a German sneaker and streetwear brand; and SkinSpirit, a medical spa chain from Palo Alto, California.

Miami Worldcenter Associates, the master developer for the 27-acre project, stated all three concepts are expected to be open by next year.

“The new additions reflect our commitment to creating a dynamic mixed-use destination that seamlessly blends lifestyle, convenience and innovation,” said Nitin Motwani, a managing partner at Miami Worldcenter Associates.

Go Greek Yogurt signed a lease for a near 1,300-square-foot space at 851 N.E. 1st Ave., Unit #D-118. Miami Worldcenter is the frozen yogurt chain’s first Florida location. The brand anticipates it will open in late 2024.

Go Greek Yogurt Santa Monica
Go Greek Yogurt is a California-based frozen yogurt bar and cafe.

Meanwhile, HŸP leased a space that exceeds 1,300 square feet at 851 N.E. 1st Ave., Unit #D-120. The fashion retailer is also targeting a late 2024 opening. Miami Worldcenter is HŸP’s second Miami location after Mary Brickell Village, which debuted in August 2023. HŸP carries apparel and footwear from well-known brands, such as Nikes, Adidas, New Balance and more.

SkinSpirit is slated to open in early 2025. It will occupy an approximate 1,700-square-foot space at 852 N.E. 2nd Ave., Unit #D-116. The medspa, which has more than 45 locations nationwide, will offer medical-grade aesthetic treatments for the skin, face and body. Miami Worldcenter is SkinSpirit’s first Florida outpost. 

Miami Worldcenter Associates stated over 95% of the development’s 300,000 square feet of retail space has been leased.

SKINSPIRIT Park Ridge NJ
SkinSpirit is a medical spa franchise with more than 45 locations nationwide.

Restaurants and retailers that have already opened locations at Miami Worldcenter include Sixty Vines, Brasserie Laurel, Chug’s Express, El Vecino Cigar & Cocktail Bar, Free People, Lululemon, Sephora, Ray-Ban, Lucky Strike, Lucid Motors, CitizenM and the Museum of Ice Cream.

The development’s upcoming tenants also include Rihanna’s Savage X Fenty, Nick Jonas and John Varvatos’ Villa One Tequila Gardens, Posman Books, Serafina, Juvia, Maple & Ash, Earls Kitchen + Bar, Club Studio, Sports & Social and Starbucks.

Miami Worldcenter is being developed by Miami Worldcenter Associates, led by managing partners Falcone and Motwani, in partnership with CIM Group, a Los Angeles-based real estate and infrastructure firm.

Comras Company, a Miami Beach-based commercial real estate agency, handles Miami Worldcenter’s leasing, asset sales, consulting and development advisory services.

The privately owned mixed-use development is home to three completed residential towers so far, and more are being constructed.

Cortney Danielle Moore, SouthFloiridaBusinessJournalo

Read more here: bizjournals.com