Downtown Miami is expected to become the heartbeat of the city with $10 billion in development planned.
MiamiCentral is leading Downtown Miami’s revitalization offering game-changing transit options with connectivity to Brightline, Metrorail, Metromover and Tri-Rail and has more than 10 million riders projected to commute through the destination each year, connecting all of Florida’s east coast.
MiamiCentral is home to retail tenants including:
- Starbucks, the Seattle-based coffeehouse chain, is best known for its signature roasts, light bites and WiFi availability. Open daily 6:30AM-8PM.
- Chick-fil-A, one of the largest American fast food restaurant chains and the largest specializing in chicken sandwiches, is open Monday through Saturday 7AM-10PM; closed on Sundays.
- Powerhouse Gym provides a refined fitness experience, featuring a curation of the finest fitness equipment, transformative group fitness classes, and elegant finishes inside a massive 35,000 sq. ft. architectural space. Open Monday through Friday 5AM-11PM, Saturday 7AM-10PM, and Sunday 7AM-8PM.
- Joe & the Juice is an organic food and beverage chain serving predominantly coffee, juices, smoothies, and sandwiches. Open daily 7AM-6PM.
- Go Green offers eco-friendly dry cleaning services, organic dry cleaning, pet odor removal, and more. Their grand opening is scheduled for September 2022.
A new tenant at MiamiCentral, restauranteur Peter Thomas sees the revitalization happening and recently signed a 9,530 sqft lease at MiamiCentral for an upscale supper club, 1 Society.
What’s to come for Downtown Miami:
- U.S.’ second largest master planned community: Miami Worldcenter (10 blocks, 27 acres and $4 billion in new investments)
- Growth in office space in Downtown with office inventory of 32 buildings encompasses 6,813,620 total square feet and a total vacancy rate of 24.4%
- Microsoft signed a lease in downtown Miami for 50,000 sq ft of office space
- Medical Tourism: Blue Zones is opening their first ever flagship Health and Wellbeing Center in the middle of MWC at Legacy Hotel & Residences in 2024, the first step in making Downtown Miami a Blue Zones community.
- Spanning over six downtown city blocks, MiamiCentral is the flagship station for the Brightline train with 816 luxury rental residences and 130,000 square feet of dynamic retail and entertainment space currently home to Joe and the Juice, Starbucks, Chick-fil-a and the neighborhood’s first Powerhouse Gym.
Some stats on Miami:
- Florida is the third most populated state with over half the population living along the Brightline corridor.
- Miami was just named the most expensive housing market in the US, according to a report from RealtyHop, stepping above New York for the first time.
- Financial Times named Miami the most important city in America.
- Miami ranks as #1 city everyone is moving to for the 4th straight month according to Redfin’s latest migration analysis. Relatively affordable metros with warm weather typically top the list of places buyers are looking to move into, but Miami topping the list is a relatively new phenomenon. Places like Miami and Tampa have consistently appeared on the top-10 list since Redfin started tracking migration in the beginning of 2017
- For every 10,000 LinkedIn members, 17.23 workers moved to Miami during the last year, according to Colliers 2021 Q4 office market report.
- Miami hotels recovered faster from the pandemic than any other city worldwide, according to hotel research firm STR’s latest report.
- Miami hit its lowest employment rate on record – now just 1.4% – according to the US Bureau of Labor Statistics report.
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