The Miami Worldcenter continues to fill space with retailers and merchants, with three new tenants set to open in early 2022.
The $4 billion, 27-acre mixed-use development at 1010 NE Second Ave. has just signed Sephora, with the purpose of creating an inviting beauty community; Lucid Motors, with electric vehicles; and Bowlero, a full-entertainment concept for bowling with interactive arcades and dining, taking a combined 60,000 square feet along open-air shopping and entertainment promenades.
The three brands join tenants that were announced earlier, including Chicago’s Maple & Ash and Etta, and Miami Chef Michael Beltran’s Brasserie Laurel and El Vecino. These four, along with the latest tenants, total about 90,000 square feet of leased retail within the past 90 days, according to Nitin Motwani, managing partner of Miami Worldcenter Associates.
“On the heels of announcing an award-winning lineup of restaurant concepts slated to open at Miami Worldcenter, we are upping the ante with a trio of nationally and globally recognized lifestyle brands,” he said. “These tenants exemplify the diversity we are offering throughout our residential, hospitality and office developments across Miami and bringing to life the retail components of Miami Worldcenter’s master plan is critical to transforming our 27-acre site into a thriving open-air destination.”
Sephora will occupy more than 6,000 square feet at the World Square plaza and Lucid Motors is developing a multi-use facility for Miami Worldcenter, taking nearly 23,000 square feet.
In addition to a Lucid Studio, which allows customers to experience the luxury electric vehicles in an environment that underscores the company’s design aesthetic, Mr. Motwani said, the location will also serve as a service facility as well as a delivery center for the Lucid Air luxury electric sedan as well as future models. The facility will be along First Avenue and Tenth Street.
Bowlero is set to occupy more than 31,000 square feet within Miami Worldcenter’s glass-encased “jewel box” retail building overlooking World Square plaza.
Spanning ten city blocks, the center says it will feature diverse residential, commercial and hospitality uses complemented by about 300,000 square feet of retail, restaurant and entertainment space. These include two completed residential buildings – the 60-story Paramount Miami Worldcenter condominium and the 43-story Caoba luxury apartment tower.
With retail leasing being led by CIM Group and The Comras Co., about 150,000 square feet of retail has been completed for tenant build-outs and another 130,000 square feet is under construction and nearing delivery.
Construction is nearing completion at ZOM’s 43-story Bezel Miami Worldcenter residential tower and at the 351-room citizenM hotel, both of which are expected to open this year. The World Square, a 20,000-square-foot public plaza and park, features shade trees, works of art and sidewalks lined with dining, entertainment and retail.
The retail component is pivotal to creating a captivating experience and engaging residents and visitors at Miami Worldcenter, said Shaul Kuba, co-founder and principal of CIM Group. “People want human connections and will seek out retail and entertainment destinations that are attractive, walkable and populated with a carefully selected mix of retail and restaurants.”