Two retailers and a restaurant have joined the tenant roster at Miami Worldcenter, the 27-acre development in downtown Miami.
The $4 billion project’s ownership completed leases with a new fitness concept called Club Studio; popular dining spot Earls Kitchen + Bar; and luxury swimwear brand Luli Fama through Leap, a platform that develops and operates immersive retail stores for modern and emerging brands.
These latest tenants will occupy a combined 45,000 square feet of space, which will bring the development’s retail component to about 75% leased.
“Our newest group of exciting retailers speaks to the continued level of interest from brands that see value in having a presence in a mixed-use, pedestrian-friendly, open-air environment in the heart of downtown Miami,” said Nitin Motwani, managing partner of Miami Worldcenter Associates.
Club Studio, will occupy about 35,363 square feet of space along Miami Worldcenter’s main pedestrian paseo, while Earls Kitchen + Bar will take 8,400 square feet of space in the “Jewel Box” retail building. Earls has 68 locations throughout North America, including in South Miami and at Dadeland Mall.
Luli Fama, a women’s luxury swimwear and resortwear brand, will operate from a 1,246-square-foot space.
Chef Michael Beltran’s Brasserie Laurel is already open at Miami Worldcenter, and his El Vecino is still to come. Additional concepts are slated to include Chicago’s Maple & Ash and Etta restaurants, and Sports & Social, a dining and entertainment venue. National retailer Sephora has opened, and national brands set to join it include Rihanna’s Savage X Fenty, Lululemon, Ray-Ban, Posman Books, Bowlero and Lucid Motors.
Miami Worldcenter, one of the largest private development projects in the country, will be home to 300,000 square feet of retail, restaurant and entertainment space. About 255,000 square feet of retail space has now been completed at Miami Worldcenter as tenants build out their spaces.
The project is being developed by master developers Miami Worldcenter Associates, led by principal Art Falcone and Motwani, in partnership with California-based CIM Group.
Jasmine Floyd, SOUTH FLORIDA BUSINESS JOURNAL
