Content about Miami

March 20, 2014

Burger King Worldwide Inc. is reportedly planning to introduce a mobile payment app.

Miami – Burger King Worldwide Inc. is reportedly planning to introduce a mobile payment app. According to the Wall Street Journal, Burger King will launch the smartphone app in select markets starting in April 2014 and will offer it in all 7,000 U.S. stores within a few months of initial rollout.

February 27, 2014

Aventura Mall, in the Miami suburb of Aventura, plans a significant expansion that will include a new three-level, 241,000-sq.-ft. retail wing and parking garage.

Aventura, Fla. -- Aventura Mall, in the Miami suburb of Aventura, plans a significant expansion that will include a new three-level, 241,000-sq.-ft. retail wing and parking garage. Construction is expected to begin in 2014.

Located between Miami and Fort Lauderdale, Aventura Mall currently measures 2.7 million sq. ft.

December 13, 2013

Publix Super Markets said Miami Division VP, Bill Fauerbach, would retire at the end of March.

Lakeland, Fla. -- Publix Super Markets said Miami Division VP, Bill Fauerbach, would retire at the end of March.

“Bill helped grow our culture and build a solid foundation on which the Miami Division will continue to grow. We thank him for his many contributions, and he will be missed by us all,” stated Ed Crenshaw, Publix’ CEO.

Fauerbach will be succeeded by Kevin Murphy effective April 1. Murphy has been a regional director in the Atlanta Division since January 2009.

 

December 5, 2013

Macy’s announced an agreement for Macy’s and Bloomingdale’s stores to anchor the new Mall at Miami Worldcenter, to be built in downtown Miami.

Cincinnati -- Macy’s announced an agreement for Macy’s and Bloomingdale’s stores to anchor the new Mall at Miami Worldcenter, to be built in downtown Miami. Current plans call for the stores to open in fall 2016.

Miami Worldcenter, a major mixed-use project with retail, hotel, residential and convention space, is being planned by The Forbes Company and Taubman Centers.

November 13, 2013

Adding to existing locations in Manhattan and Miami Beach, Big Drop, the women’s clothing retailer, has leased a third New York City storefront at 253 Columbus Avenue in Manhattan’s Upper West Side.

New York — Adding to existing locations in Manhattan and Miami Beach, Big Drop, the women’s clothing retailer, has leased a third New York City storefront at 253 Columbus Avenue in Manhattan’s Upper West Side. The new store has 650 sq. ft. on the ground floor plus a 400-sq.-ft. storage basement.

Winick Realty Group represented Big Drop in the long-term lease transaction. Parkway East Properties LLL, the landlord negotiated on its own behalf.

Big Drop’s other Manhattan stores are in SoHo and the Upper East Side.

November 13, 2013

Ikea announced solar energy is planned for its store under construction in Sweetwater, Fla., which is in the Miami-metro area.

Conshohocken, Pa. -- Ikea announced solar energy is planned for its store under construction in Sweetwater, Fla., which is in the Miami-metro area. Pending permits, installation of solar panels on the store’s roof will begin in several months, with completion by grand opening in summer 2014. Ikea contracted with REC Solar for the development, design and installation of the 416,000-sq.-ft. store’s customized solar power system.

October 31, 2013

The Cheese Course, a European-style cheese shop and bistro, has leased 1,500 sq. ft. in the plaza of Miami’s Southeast Financial Center, Florida’s tallest and largest office tower and plaza, totaling 1.225 million sq. ft.

Miami — The Cheese Course, a European-style cheese shop and bistro, has leased 1,500 sq. ft. in the plaza of Miami’s Southeast Financial Center, Florida’s tallest and largest office tower and plaza, totaling 1.225 million sq. ft.

The newest tenant joins other South Florida dining favorites including Spris, and The Newsstand Café by Books & Books.

October 9, 2013

The owners of Palmetto Gardens Plaza, a 7.1-acre center in Miami Gardens, have reached a settlement with PNC Bank, secured a new loan with Hudson Financial Services and signed a lease with Wal-Mart for a Neighborhood Market Store as its anchor tenant.

Miami Gardens, Fla. — The owners of Palmetto Gardens Plaza, a 7.1-acre center in Miami Gardens, have reached a settlement with PNC Bank, secured a new loan with Hudson Financial Services and signed a lease with Wal-Mart for a Neighborhood Market Store as its anchor tenant.

In January of 2010, PNC Bank filed a foreclosure action against Palmetto Design Center, the property owner. That action has been settled.

September 19, 2013

Gourmet pizza and Panini restaurant Spris has opened in Miami’s Southeast Financial Center in the central business district.

Miami — Gourmet pizza and Panini restaurant Spris has opened in Miami’s Southeast Financial Center in the central business district.

The 1,512-sq.-ft. restaurant is the most recent in a series of Miami homegrown restaurateurs to come to the 1.225 million sq. ft. office tower and plaza.

 

July 24, 2013

Berkowitz Development Group has inked a lease renewal with Sports Authority for 43,000-sq. ft. at Kendallgate Shopping Center in Miami.

New York -- Berkowitz Development Group has inked a lease renewal with Sports Authority for 43,000-sq. ft. at Kendallgate Shopping Center in Miami.

As part of a nationwide effort, the retailer will redesign the store’s interior and incorporate updated exterior signage.

 

July 17, 2013

Famous Footwear has renewed its 8,000-sq.-ft. lease at Kendall Village Center in Miami, Fla., according to Berkowitz Development Group www.berkowitzdevelopment.com.

Miami, Fla. -- Famous Footwear has renewed its 8,000-sq.-ft. lease at Kendall Village Center in Miami, Fla., according to Berkowitz Development Group. The transaction maintains the 95% occupancy level at the 426,000-sq.-ft. open-air shopping and office destination. Retail space totals 276,000 sq. ft.

Major tenants include the Regal 16-plex Stadium Seating Theater, Old Navy, Gap, Nova Southeastern University, Pier 1 Imports and LA Fitness.

 

July 17, 2013

Famous Footwear has renewed its 8,000-sq.-ft. lease at Kendall Village Center in Miami, Fla., according to Berkowitz Development Group www.berkowitzdevelopment.com.

Miami, Fla. -- Famous Footwear has renewed its 8,000-sq.-ft. lease at Kendall Village Center in Miami, Fla., according to Berkowitz Development Group. The transaction maintains the 95% occupancy level at the 426,000-sq.-ft. open-air shopping and office destination. Retail space totals 276,000 sq. ft.

Major tenants include the Regal 16-plex Stadium Seating Theater, Old Navy, Gap, Nova Southeastern University, Pier 1 Imports and LA Fitness.

 

July 3, 2013

Budget Car Rental and Simon Property Group have combined forces to market to Latin American travelers.

Parsippany, N.J. -- Budget Car Rental and Simon Property Group have combined forces to market to Latin American travelers. When these travelers book a Budget car in Boston, Miami, New York City and Orlando, they will receive a shopping voucher that can be redeemed for a package of coupons, discounts and other special offers at Simon destinations in those cities:

July 1, 2013

Three new retailers opened at The Palms at Town and Country in Miami during May.

Miami -- Three new retailers opened at The Palms at Town and Country in Miami during May. They include a 23,070l-sq.-ft. Total Wine & More, a 2,518-sq.-ft. Voodoo BBQ & Grill, a New Orleans-style barbecue restaurant, and a 2,119-sq.-ft. Crazy 8, a kids’ line retailer from Gymboree Corp.

Under construction now and opening in November is a 47,982-sq.-ft. DICK’s Sporting Goods.

June 6, 2013

Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

Washington, D.C. -- Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

The NRF’s ninth annual Organized Retail Crime (ORC) Survey found that while organized crime has inched down slightly, it remains widespread. Over 90% (93.5%) of retailers said they had been a victim of organized retail crime during the past year, down from 96% the prior year.

March 13, 2013

Terranova Corp. announced that three new tenants will open at Shops at Marlins Park, a retail area at the entrance of the new Marlins Park in Miami’s Little Havana neighborhood.

Miami Beach, Fla. -- Terranova Corp. announced that three new tenants will open at Shops at Marlins Park, a retail area at the entrance of the new Marlins Park in Miami’s Little Havana neighborhood.

Café Rubio Sports Bar & Restaurant, a Caribbean restaurant, has signed a 10-year, 3,200-sq.-ft. lease, with plans to open in mid-summer 2013. Subway has signed a 10-year lease for a 1,400-sq.-ft. restaurant also opening summer 2013.

Cigar shop 100 Fires will open a 625-sq.-ft. store in winter 2014.

February 20, 2013

Ikea said that contractors have been hired and a building permit is pending for its future Miami-Dade store in Sweetwater, Fla., putting the home furnishings retailer on track for a groundbreaking in 60 days and a summer 2014 opening date.

Conshohocken, Pa. -- Ikea said Wednesday that contractors have been hired and a building permit is pending for its future Miami-Dade store in Sweetwater, Fla., putting the home furnishings retailer on track for a groundbreaking in 60 days and a summer 2014 opening date.

February 20, 2013

Ikea said that contractors have been hired and a building permit is pending for its future Miami-Dade store in Sweetwater, Fla., putting the home furnishings retailer on track for a groundbreaking in 60 days and a summer 2014 opening date.

Conshohocken, Pa. -- Ikea said Wednesday that contractors have been hired and a building permit is pending for its future Miami-Dade store in Sweetwater, Fla., putting the home furnishings retailer on track for a groundbreaking in 60 days and a summer 2014 opening date.

January 30, 2013

Jones Lang LaSalle’s Capital Markets experts announced the firm has closed the sale of Miracle Marketplace in Miami on behalf of AWE Talisman.

Miami -- Jones Lang LaSalle’s Capital Markets experts announced Tuesday the firm has closed the sale of Miracle Marketplace in Miami on behalf of AWE Talisman.  

Heitman purchased the power center, which is located in the Coral Way submarket. The 243,047-sq.-ft., seven-story Class A vertical retail property is located along the Miracle Mile/Coral Way and is anchored by Nordstrom Rack, Ben Bath & Beyond, Marshalls, LA Fitness, PetSmart, DSW Shoe Warehouse and Ulta.

 

January 30, 2013

Swire Properties and Bal Harbour Shops announced they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

Miami -- Swire Properties and Bal Harbour Shops announced Wednesday they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

The 2.9 million-sq.-ft. Brickell City Centre will include 500,000 sq. ft. of high-end retail along with condominiums and hotel slated for completion in latter 2015.
 

December 7, 2012

Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

Miami Beach, Fla. -- Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

Gap will open a new location just off Lincoln Road at 1669 Meridian Ave., two blocks away from Gap’s current location at 1001 Lincoln. The existing Gap will close by early 2013, when Gap will begin redeveloping the building into a two-level, 20,000-sq. ft. flagship store. During construction, Gap will stay open for business at the Meridian Avenue location.

December 7, 2012

Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

Miami Beach, Fla. -- Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

Gap will open a new location just off Lincoln Road at 1669 Meridian Ave., two blocks away from Gap’s current location at 1001 Lincoln. The existing Gap will close by early 2013, when Gap will begin redeveloping the building into a two-level, 20,000-sq. ft. flagship store. During construction, Gap will stay open for business at the Meridian Avenue location.

December 3, 2012

JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami.

Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

December 3, 2012

JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami.

Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

October 25, 2012

Cooperativa Ceramica d’Imola (CCImola) announced that it is the first Italian ceramic tile manufacturer to be awarded the Authorized Economic Operator Full (AEOF) certificate, a certification issued by the European Union and the U.S. Department of Homeland Security.

Miami -- Cooperativa Ceramica d’Imola (CCImola) announced that it is the first Italian ceramic tile manufacturer to be awarded the Authorized Economic Operator Full (AEOF) certificate, a certification issued by the European Union and the U.S. Department of Homeland Security.

The AEOF certificate, a voluntary process, has important benefits in conducting business overseas, and ensures that CCImola is following specific customs procedures efficiently, complying with new security requirements, and conducting business with safety first and foremost.