Coffee chain joins a growing retail roster at new Miami mall. It’s different than most

Coffee chain joins a growing retail roster at new Miami mall. It’s different than most

Dec 20 2023

Starbucks has signed a lease at Miami Worldcenter, the 27-acre, $6 billion mixed-use urban development in downtown Miami. Miami Worldcenter isn’t dishing too many details on its coming occupant — set to open in 2024. We all know what a Starbucks is about. But this location may be different than most others. This coming Starbucks, set to occupy 2,824 square feet of space on the ground floor of the development’s Jewel Box retail building at 150 NE Eighth St., is big. According to Net Lease Advisor, the average size of a Starbucks depends on location, with newer free-standing outlets 1,500 to 2,000 square feet. Miami Worldcenter managing partner Nitin Motwani hinted at what appealed to the mega mall, beyond its name recognition factor, when signing the lease. Elbow room — and a neighborhood-square feel. “We’ve modeled our carefully selected tenant roster on the idea that people want human connections and will seek out retail and entertainment destinations that are attractive, walkable and populated with a mix of major national brands and local staples,” Motwani said. “The addition of Starbucks will further solidify Miami Worldcenter as a central gathering place in downtown’s urban core with its prime position overlooking our World Square Plaza,” Motwani said in an email to the Miami Herald. READ MORE: Two chains are coming to downtown Miami’s Worldcenter. What to know about the openings TOP VIDEOS Skip Ad Starbucks joins other upcoming Worldcenter tenants Bowlero, Earls Kitchen + Bar, Sports & Social and Sixty Vines in 2024. The Miami Worldcenter’s mix of residential, commercial and hospitality features 300,000 square feet devoted to retail, restaurant and entertainment space. According to the management company, more than 90% of its retail space is leased as of December 2023. Retail leasing at Miami Worldcenter is led by CIM Group, a partner in Miami Worldcenter, and Miami-based The Comras Company. “As we have been advancing leasing at Miami Worldcenter, we have explored retailers and restaurateurs from across the country in order to create a collection of national brands, such as Starbucks, as well as smaller boutique businesses and chef-led restaurant concepts,” said Shaul Kuba, co-founder and principal at CIM Group. A rendering of Miami Worldcenter’s east side in downtown Miami. Courtesy Miami Worldcenter Associates

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