A European artisanal food market has secured a three-story, 38,000-square-foot space within Brickell City Centre‘s 500,000-square-foot shopping center, developers of the soon-to-open project announced this week.

Swire Properties, along with retail co-developers Whitman Family Development and Simon Property Group said the indoor Italian food hall will anchor the $1.05 billion project’s open-air shopping center being built in Miami’s Brickell financial district.

“We want to bring the tradition and energy of the old world Italian streets and town centers, or piazza, to Miami’s urban core, creating a vibrant central destination for the Brickell community and beyond,” said the companies in a joint statement. “A food market is the heart and soul of most major Italian cities; now the same will be true here in Miami.”

Click the Image to view a SFBJ Slideshow of the Brickell City Centre

Click the Image to view a SFBJ Slideshow of the Brickell City Centre

The food market will open within the north block of the shopping center and feature a variety of eateries selling Italian cuisine. Their wares will include produce, home-meal replacements and imported artisanal cheeses and meats. There will also be live cooking demonstrations, classes by Italian chefs and educational programs on wine and food pairing at the food hall.

“Despite Miami’s immense cultural growth and its rich culinary scene, we have yet to see a food concept quite as extensive as what our food hall partners are introducing at Brickell City Centre,” said Debora Overholt, vice president at Swire Properties, in a statement.

Other restaurants Brickell City Centre has confirmed to open in its shopping center include Pubbelly Sushi, Haagen Dazs, Pasion del Cielo, Taco Chic, American Harvest and others. More food options are available at Brickell City Centre on Sundays, when its weekly, year-round farmers market takes place along the landscaped pathway that runs between Seventh Street and Eighth Street, directly underneath the Metromover track. Its first event was last weekend.

Brickell City Centre encompasses 5.4 million square feet of commercial, residential, office and hotel space, slated to open later this year. In addition to its 500,000-square-foot shopping center, the project includes two condo towers, the 352-room East, Miami hotel and several office buildings.

 

Source: SFBJ

Rising Sea Levels

Parts of Miami Beach could be inundated with flood waters in as little as 15 years, and property values may slide amid the rising tide, according to nearly two dozen university heads and climate change experts who were on hand to answer questions on the effects of sea-level rise on South Florida during a Miami Beach Chamber of Commerce event at the W Hotel.

Flooding in Miami Beach

Flooding in Miami Beach

The purpose of the recent event, organized by land use and environmental attorney Wayne Pathman, was to warn business owners, developers, and contractors that the effects of sea-level rise will be impacting the property values fairly soon. Already, media around the globe are publicizing the fact that South Florida is “ground zero” for the adverse economic impact of sea-level rise, Pathman argued. Unfortunately, the region is still behind in preparing its infrastructure for the future.

“All eyes are upon us and South Florida isn’t ready,” said Pathman, co-founder of the Downtown Miami-based law firm of Pathman Lewis LLP and future chairman of the Miami Beach Chamber of Commerce.

Thanks to a slowing gulfstream, warming oceans, and ice flows submerging beneath the ocean from Greenland and Antarctica, the oceans are rising faster than ever, said Keren Bolter, research coordinator for Florida Atlantic University Center for the Environmental Studies. This has caused an increase in flooding events in recent years and it will only get worse. By 2100, the oceans are projected to increase by seven feet, Bolter added. At that level, The Keys, along with large chunks of Miami-Dade and Broward counties, will be inundated with sea water at high tide, destroying fresh water reserves, compromising underground sewage lines and septic tanks, and creating a host of other problems.

But you don’t have to wait 84-years to see the adverse effects of sea-level rise. Bolter said that in as little as 15 years, flooding in Belle Isle will grow much worse, especially at Island Terrace, a 16-story condo built in 1967. “It’s coming up not just at the sides,” she said while showing Lidar maps depicting future sea-level rise at Island Terrace and Belle Isle.

“It comes up from underground. That’s partly because the limestone that South Florida land is predominately made of us is extremely porous. Because of this, not even sea walls will stop the flow of water,” Bolter said.  “By 2060 the oceans are projected to rise by two feet. At that level, “the western half of Miami Beach is under water.”

“As the oceans rise, the cost of insurance will skyrocket,” Pathman said.  “Meanwhile, in an attempt to cope with the new reality, community leaders will raise taxes while property taxes are declining. As for the infrastructure of future residential and commercial projects, Miami Mayor Tomas Regalado recently declared on a radio show that the financial burden will fall on developers. However, at least some of the negative impacts of sea level rise can be mitigated if the business community takes a leadership role now. Many places around the world have already started adapting.”

Among the invited guests at the chamber event were Florida International University President Mark Rosenberg, Florida Atlantic University President John Kelly, and University of Miami’s Rosenstiel School of Marine and Atmospheric Science Dean Roni Avissar. They argued that their respective colleges are already training scientists and engineers who are not only studying the future effects of climate change, but also figuring out solutions on how communities like South Florida can adapt.

“We are very fortunate that we have a strong university system and a strong system of public education,” argued Matthew Welker, principal of MAST Academy at Florida International University’s Biscayne Bay campus. “That’s a very valuable resource.”

Josh Sawislak, global director of resilience for the Los Angeles-based engineering firm AECOM, said Miami could even replace Amsterdam as the true innovator of anti-flooding solutions.

“The brand can be, ‘This is a resilient city… Don’t go to Amsterdam to see how to prevent from being cut off by the sea, although they’ve got tasty cheeses. Come to Miami and see how to live with water,’” Sawislak declared.

One innovative idea has already been hatched in Miami. Rather than fight sea level rise, Bolter of FAU pointed out that “one student from the University of Miami” came up with the idea of simply making western Miami Beach “floodable” with the creation of new bays and living shorelines along with new boardwalks and flood-adapted buildings. (The UM student in question who developed that plan is Isaac Stein, who now works for the urban planning and landscape firm West 8.)

Besides speeches from experts, the event included an hour-long breakout session where business leaders sat at tables and asked questions to the assembled experts, some of whom flew in from other parts of the country to be there. The media, however, was ushered away from the session. Upon hearing that reporters were even present at the event, Donald Kipnis, founder and CEO of Brickell-based Development Service Solutions, walked out. Dozens of other chamber members left before the session even ended.

Harold Wanless, chair of the Department of Geological Sciences at the University of Miami, didn’t think the breakout session was long enough. Experts barely had 10 minutes to answer business leaders’ questions or lay out what needs to be done.

“We need to be planning, that is the bottom line,” said Wanless, who has long studied past sea-level rise events in Florida.

Following the breakout session, Jessica Goldman Srebnick, CEO of Goldman Properties, applauded the panel’s efforts. She also urged some restraint. Showing slides that show Miami Beach being submerged is what “gets picked up by the news.”

“We have to be very… strategic about how we discuss the reality of sea level rise,” Goldman said.

Pathman said the purpose of the event was just to “whet everyone’s appetite.” On September 14, the chamber plans to hold a roundtable discussion with “leading political and civic leaders about current and future strategies for sea level rise in South Florida” at a location to be announced.

 

Source: The Real Deal

Paseo-de-la-Riviera-Site

The site of the Paseo de la Riviera, a mixed-use redevelopment project in Coral Gables, was acquired for $44 million.

Coral Park Inn LLC, an affiliate of InterAmerican Hotels Corp., sold what’s currently a 54-year-old Holiday Inn across from the University of Miami to 1350 S Dixie LLC, a subsidiary of NP International, led by President Brent ReynoldsTotalBank funded the deal with a $21.5 million loan.

Paseo de la Riviera will have a hotel and an apartment building.

Paseo de la Riviera will have a hotel and an apartment building.

NP International plans to build Paseo de la Riviera with 252 hotel rooms, 224 apartments, 4,380 square feet of restaurants, 14,094 square feet of retail, and a parking deck. The project would include a pathway, called a paseo, between the two buildings from U.S. 1 to the public park behind the structure.

Many members of the Riviera Neighborhood behind the project voiced their opposition to it. When the city commission approved it in late 2015, they told the developer to reduce its height to no more than 126 feet. However, two residents of the city filed a lawsuit in March against the city and NP International seeking to declare that the project should not have been approved because it violates the city’s comprehensive plan.

 

Source: SFBJ

The Argentine investor who made international headlines in 2014 when he paid $125 million for 1.25 acres along the Miami River has filed plans to build a 69-story condo tower there.

This 69-story condo is proposed at 300 Biscayne Boulevard Way in Miami

This 69-story condo is proposed at 300 Biscayne Boulevard Way in Miami

Riverwalk East Developments, led by German Coto and Gloria Coto from a family that owns a supermarket chain in Argentina, wants to build the project at 300 Biscayne Boulevard Way. Tentatively named Epic 2, it would have 384 condos in 1.09 million square feet and 561 parking spaces. When combining the condos with the parking and other amenities, the tower would total 1.64 million square feet.

The sail-shaped tower would be topped with a lighthouse feature. It would have an open-air pool deck on the 55th floor, plus a gym and sky lobby.

The Miami River Commission’s Urban Infill Committee recently approved the Epic 2 project with conditions, namely that its new public riverwalk be widened to 15 feet from 12 feet. The riverwalk would allow people to walk from Bayfront Park to Brickell along the mouth of the Miami River.

“This is probably the most desirable location for the public to enjoy the river and the bay at the same time,” MRC Chairman Horacio Stuart Aguirre said. “That river walk will be one of the most desired locations for early morning and later afternoon strolls to take in the fresh air and enjoy the view.”

The condo at 300 Biscayne Boulevard Way in Miami would have 384 units,

The condo at 300 Biscayne Boulevard Way in Miami would have 384 units,

Aguirre said the building’s design is architecturally appealing, although it would need extra-strong structural support to handle hurricane winds because it appears narrow. He expects the project to receive the recommendation of the full MRC board in about three weeks. The project would also require city approval for its design. The density falls within the property’s current zoning.

The bigger question is whether the Miami condo market can handle another project where unit prices are expected to average more than $1.5 million. Sales to the foreign buyers that fuel the market have slowed down in recent months, and several experienced developers have decided not to launch sales for new projects until the market picks up. On the Miami River, Kar Properties’ One River Point and a project by the Chetrit Group are already competing for high-end buyers. However, the Epic 2 site is further east along Biscayne Bay, while those two are upriver.

 

Source: SFBJ

Panorama_Tower
Panorama Tower rendering

Panorama Tower rendering

Tibor Hollo’s 83-story Panorama Tower is already under construction, but the developer is now requesting permission to build even taller than what is approved.

The developer just filed a request with the FAA to increase the height of Panorama to 868 feet above ground, or 876 feet above sea level. It is currently approved at 822 feet above ground.

Hollo has always wanted to build tall at Panorama. In 2011 Hollo asked for permission to build the tower at 843 feet above ground, but the agency cut it down to the 822-foot height.

After Panorama was cut down, Hollo suggested that MIA’s runways might need to be moved to allow for greater height downtown. Since then, the FAA has eased height restrictions and approved much taller high-rises nearby.

 

Source: The Next Miami

LessonsLearned
Beth Azor, principal, Azor Advisory Services; Aly-khan Merali, CFO and chief investment officer, Turnberry Associates; Jack Lowell, executive VP, Colliers International South Florida; Avra Jain, principal, Vagabond Group; and Chris Weilminster, executive VP, Federal Realty at the Greater Miami Chamber of Commerce real estate summit

Beth Azor, principal, Azor Advisory Services; Aly-khan Merali, CFO and chief investment officer, Turnberry Associates; Jack Lowell, executive VP, Colliers International South Florida; Avra Jain, principal, Vagabond Group; and Chris Weilminster, executive VP, Federal Realty at the Greater Miami Chamber of Commerce real estate summit

The experts gathered for the Greater Miami Chamber of Commerce’s South Florida Real Estate Summit stressed that the market is not headed for a downturn, even though growth has slowed.

About 450 people gathered at Miami’s Jungle Island on Thursday for the event, which featured two panels and various speakers. Miami Commissioner Francis Suarez told attendees that 2015 saw the highest volume ever for the city’s building department, with 174 permits issued and $2.4 billion in ongoing construction. “That is why you are waiting so long in the building department,” he said.

Here are five highlights from the panels:

Retail Carries Great Potential, At A Moderate Pace

South Florida has about 6 million square feet of retail proposed or under construction, with a handful of new malls planned and four malls set to expand, said Beth Azor, principal of Azor Advisory Services.

“That is a little crazy,” Beth Azor said. “I am not sure how much will be built. SoLe Mia and American Dream Miami will probably happen, but four or five other projects we hope are not built because limited supply keeps our market healthier.”

Azor is looking to sign tenants at a new retail center at Northwest 79th Street and Northwest 32nd Avenue.

“Retail leasing is going well at SoLe Mia in North Miami, and rents there are better than on nearby Biscayne Boulevard,” said Aly-khan Merali, CFO and chief investment officer of Turnberry Associates, the co-developer of the project. “It’s focused on signing tenants that will be relevant in three or five years,” he said.

courthouse tower

CourthouseTower2Mika Miami of Sterling Equity Realty announces the sale of Downtown Miami’s landmark Courthouse Tower to New York real estate private equity firm Brickman for $27.5 million.

Mika Mattingly of the Mika Miami team represented the seller, Courthouse Towers LLC, which is owned and operated by The Donovan Family. RFK Senior Directors Benjamin Mandell and John Ellis represented the buyer. The sale closed yesterday.

Mika Mattingly

Mika Mattingly

Located at 44 West Flagler Street in the heart of Downtown Miami, Courthouse Towers was not listed or on the market prior to the sale. The Mika Miami team, which specializes in properties within Miami’s urban core, arranged the off-market deal.

Standing at 26 stories, the 176,292 square-foot mixed-used office and commercial retail space was constructed in 1974. The building is located across the street from the Miami-Dade County Courthouse and other government buildings and is situated between South Miami and SW 1st Avenues on the south side of Flagler Street.

This marks the second property purchased by Brickman in Downtown Miami, having also acquired a 141,687 square-foot building at 200 S.E. 1st Street just two weeks ago for $33,850,000. Israeli-born New Yorker Moishe Mana has also been an active investor in Downtown Miami, having acquired $198 million in properties.

“The West Flagler area, which has underperformed for some time, is a diamond in the rough and has become one of the few remaining add-value sectors left in Miami,” says Mattingly of Mika Miami. “Downtown’s urban core has been evolving under the radar and Brickman’s purchase only validates its progression.”

“Brickman’s acquisition of the Courthouse Tower in Miami marks an important milestone and makes a big statement for the future of Downtown, as it highlights the market’s future potential and Brickman’s desire to play an important role in revitalizing the area,” said Mandell. “There are plans to renovate the existing office unit and upgrade the building’s common areas, including the lobby, to better suit their new vision for Downtown Miami.”

Public promenades and plazas are part of the plans for Miami Worldcenter’s high street retail future.

MiamiWorldcenterPedestrianFriendlyMiami Worldcenter Associates, master developer of the project—in collaboration with Forbes Company and Taubman—are developing a pedestrian-oriented streetscape that will serve as the retail focal point of the 27-acre mixed-use development. The official groundbreaking of the retail project and the Paramount condo project are set for March.

The renderings reveal an open-air shopping promenade running north and south from northeast 10th street to northeast 7th street and between northeast 1st and 2nd avenues. Residential towers, a hotel and exposition center and plenty of dining and entertainment venues will surround the promenade. Nearby, retail shops and restaurants will surround an open-air public plaza along northeast 1st Avenue. The idea is to create a central gathering place and outdoor event space at the heart of Miami.

“Working with Forbes and Taubman, we’ve created a high street retail concept that takes full advantage of Downtown Miami’s rise as one of the nation’s most densely-populated, walkable and well-connected neighborhoods,” says Nitin Motwani, managing principal for Miami Worldcenter Associates. “By creating a network of open-air promenades and plazas, we’ll ensure Miami Worldcenter is seamlessly integrated with surrounding streets while developing a street-level experience that draws visitors from across South Florida and around the world.”

The high street retail model—defined by a critical mass of shops and boutiques in a pedestrian-oriented setting—is proving successful in urban centers across the US. San Francisco’s Union Square District, New York’s SoHo, and Miami Beach’s own Lincoln Road are a few examples.

“We believe that high street retail is the right way to move forward in Downtown Miami,” says Robert S. Taubman, Chairman, president and CEO of Taubman Centers. “The retail and restaurants, combined with the new residential developments and surrounding amenities, will create a very desirable urban experience.”

Miami Worldcenter will also be home to the 700-foot tall Paramount condominium; an 1,800-room Marriott Marquis hotel and expo center developed by MDM Group; Luma, a 429-unit luxury multifamily building developed by ZOM; and two multifamily towers built atop street-level retail lining northeast 7th street. Direct links to the new All Aboard Florida high-speed rail terminal and the existing Metromover system will encourage mass transit.

 

Source: GlobeSt.

In a metropolis where everything seems to change constantly, Coral Gables’ Miracle Mile has been a holdover — a last-century Main Street not far removed from the 1950s in spirit and urban form, complete with angled street parking, narrow sidewalks, under-nourished street trees and, until recently, a respectably unexciting mix of mom-and-pop shops, jewelers and more bridal shops than anyone could care to count.

A rendering of a redesigned Miracle Mile streetscape showing wider sidewalks, a new paving pattern recalling the sky, parallel parking instead of angled parking, and new trees. (Credit: Cooper, Robertson & Partners - City of Coral Gables)

A rendering of a redesigned Miracle Mile streetscape showing wider sidewalks, a new paving pattern recalling the sky, parallel parking instead of angled parking, and new trees. (Credit: Cooper, Robertson & Partners – City of Coral Gables)

But it’s all been looking decidedly tired of late. Even as a sprinkling of stylish new restaurants and boutiques begins to brighten up the Mile, its sidewalks are stained and buckling and accommodate but a few cramped cafe tables. Raw dirt fills the open street-tree planters. Corner wood benches are splintering. Automobiles speed through noisily, subjecting pedestrians to long, discomfiting waits to cross the street.

Not, merchants and city and civic leaders say, what you’d expect from one of South Florida’s signature drags. And so Miracle Mile will become the latest to undergo a wholesale makeover designed to secure its viability by enhancing what planners call the public realm, much like the retrofits that have re-energized its South Florida competitors on Ocean Drive and Lincoln Road Mall in Miami Beach, South Miami’s Sunset Drive and Worth Avenue in Palm Beach. Even Flagler Street in downtown Miami is now undergoing its own hopeful pedestrian-friendly facelift.

A rendering shows restaurant row on Giralda Avenue rebuilt without curbs and with trees in the middle of the street, in the fashion of a European plaza. Bright street pavers describe concentric circles resembling ripples in a puddle, while LED lights overhead are designed to recall falling raindrops. (Credit: Cooper, Robertson & Partners - City of Coral Gables)

A rendering shows restaurant row on Giralda Avenue rebuilt without curbs and with trees in the middle of the street, in the fashion of a European plaza. Bright street pavers describe concentric circles resembling ripples in a puddle, while LED lights overhead are designed to recall falling raindrops. (Credit: Cooper, Robertson & Partners – City of Coral Gables)

The $21 million Gables streetscape project, which got a green light from the city commission last month and should get under way by spring, starts with dramatically wider sidewalks, covered in a multi-hued granite meant to resemble a cloud-dabbed South Florida sky. Curbs will be removed and the street edge defined by low stone bollards and a lush, densely layered tree canopy. Garden-like spots for lingering will occupy every corner and mid-block street crossing.

To expand sidewalk width from 15 feet to 23 feet, street parking will shift from angled to parallel parking. To slow down motorists and move them farther from the sidewalk, one of two traffic lanes in each direction will be slightly narrowed. The goal, city officials and planners say, is a welcoming ambience for people on foot, something struggling business owners on the Mile wish they’d see lots more of.

The plan, devised by one of the country’s top urban-design firms, provides what people look for in a Main Street today, they say: Ample space for strolling, shopping and sidewalk dining, all of it wrapped in a sexily distinctive look that will shine equally in the pages of Architectural Digest or on Instagram.

“Our task was to create a street unlike any other in the world, a street that says ‘Coral Gables,’” said Earl Jackson IV, the partner in charge of the plan for Cooper, Robertson & Partners of New York, during a public meeting last year. “It can be one of the great streets in the world if we get it right.”

The project will extend two blocks away to Giralda Avenue, the faded restaurant row that will undergo a parallel transformation. That single long block will be remade as a shared space between cars and pedestrians, with trees in the middle of the street to slow motorists and a curbless design to give Giralda the feel of a European plaza. Colorful granite pavers set in concentric circles, like ripples in a puddle, will extend all the way across Giralda, from storefront to storefront. Overhead, LED lights designed to resemble falling raindrops will hang from wires.

CoralGablesRedevelopment3

A thick scrim of trees will create a formal entrance at either end of Giralda. Removable bollards, meanwhile, will allow the street to be readily shut to autos for events like the popular, seasonal Giralda under the Stars, during which restaurants fill the block for a night with tables, music and dancing.

The project and its poetically fanciful design features have been enthusiastically embraced by a majority of the city council and most Miracle Mile and Giralda business and property owners, who have been coping with a bump in vacancies and what some say is steadily decreasing foot traffic, especially by day.

The cost will be split by taxpayers and downtown property owners, who agreed to a special assessment through the Coral Gables Business Improvement District. The project also means significant infrastructure upgrades, including a new water main and drainage and electrical-system improvements.

Some longtime Mile merchants say the redo, which the city has been considering for a full decade, is long overdue. The city last refreshed Miracle Mile and its sidewalks in 1999, when medians planted with big palm trees were added. While the work did improve the street’s ambience, merchants say, it didn’t go far enough and was of less than top quality.

Meanwhile, competition from online shopping, new upscale malls and emerging walkable, hip neighborhoods like Brickell and Wynwood sucked patrons away from the Mile. And though a scad of new restaurants has brought new life after dark, it needs even more activity to thrive, said Jose Bolado, co-owner with his brother Carlos of Bolado Clothiers, on the street for 47 years.

The crowds that will be drawn to the outdoor cafes made possible by the wider, more appealing sidewalks will in turn attract even more people, Bolado predicted. And more people on the street means more customers for retailers who figure out how to entice them into their stores, he said. That won’t happen if the Mile remains as it is, he said.

“Is it necessary? Yes,” said Bolado of the makeover. “All you have to do is walk outside and see the sidewalks are a raunchy mess. The traffic is menacing. It’s a sad state of affairs.”

 But the project, which coincides with a wave of high-density development in and around the downtown Gables that’s prompted a backlash from some residents, has also given rise to worries that it will take Miracle Mile down the same path as Lincoln Road, where rising rents have pushed aside local merchants, restaurateurs and customers in favor of big chains catering to tourists.

Some fear that the small streetfront shops that have defined the Mile since its inception in the late 1940s will give way to bigger, snazzier development, like the massive residential and commercial building housing the Tarpon Bend restaurant which replaced a low-scale retail strip more than a decade ago, altering the street’s historic character.

Though Gables founder George Merrick built the Mediterranean-style Colonnade building on Coral Way in 1926, he centered his business district several blocks north at the intersection of Alhambra Circle and Ponce de Leon Boulevard, said historian Arva Moore Parks, author of a new Merrick biography.

It wasn’t until just after World War II that businessman George Zain and his wife Rebyl, turning away from Merrick’s mandated Mediterranean style, established an auto-oriented commercial strip in a spare modern style along a half-mile-long stretch of Coral Way that the city renamed Miracle Mile in 1955. Few of the new buildings were architecturally distinguished, Parks said, aside from exceptions like the Miracle Theater, but the Mile was defined by a uniform low scale.

It thrived as an upscale shopping and business district, a rival to Lincoln Road, until, like its Beach counterpart, it began to lose its allure — and its shoppers — to new suburban shopping malls in the 1960s. For years afterwards the Mile was sustained largely by the bridal and jewelry trade.

Now some long-established shopowners who are hanging on despite declining business fear the streetscape will usher in a transformation they won’t long survive.

“Some day this little strip of shops will be gone,” said John Albright, manager and former owner of one of the oldest businessess on the Mile, Gables Coin & Stamp Shop, while gesturing around at the narrow store, one of several with angled fronts in a plain one-story building. “Just look around. You can see what’s probably coming.”

Already, Albright said, rising rents have pushed out some local businesses, including the jewelry store across the street, which couldn’t afford the $15,000 monthly rent, while a handful of casual-dining chain outlets, such as California Pizza Kitchen and Panera Bread, have opened on the Mile.

Albright and new owner Pat Olive say they’re not sure if they’ll benefit from the sidewalk redo. They’re worried business will be hurt during construction, even though work will proceed in sections and the city promises access to shops won’t be curtailed. They say wider sidewalks might boost restaurants without doing much for a daytime business like theirs that caters to a specialized collector base.

Then there’s the issue of parallel parking. The shift from angled parking will eliminate 96 streetside spaces out of the current total of 236 along the Mile, said Gables public works director Glenn Kephart. And while the city points out that there are hundreds of parking spaces in public and private garages directly behind the Mile’s storefronts, some merchants like Albright and Olive say customers prefer to park in the street out front.

Backers of the makeover plan, though, say that’s outmoded thinking. The city promises to make it easier and more appealing for Miracle Mile visitors to find off-street parking. A new signage scheme that’s part of the Mile renovation will point people to garages, and the city hopes to enhance the unalluring mid-block “paseos” that lead to them, Kephart said. A system of valet stations on the Mile will be expanded. Planners are also exploring phone apps that can give real-time information on parking availability. Meanwhile, the city is going out for bids to redevelop two dingy, outdated garages on the south flank of the Mile.

“We’re going to find our cars are gonna end up where they should be, in garages,” said Stephen Bittel, chairman of Terranova Corp., an early investor on Lincoln Road that’s also one of the biggest landlords on the Mile. “Streets are for people. Great streets are great places for people to gather and walk and shop and eat. That requires wider sidewalks and space for chairs and tables and more modern lighting and different landscaping. That’s what is required for this leap forward. Miracle Mile is the absolute face of the city. It just needs to reclaim its glory and kind of go back to the future. And we think the streetscape is the right way to get there.”

Bittel and BID leaders readily concede that increasing property values, rents and the quality of tenants along the Mile is one important goal of the plan.

But they insist that doesn’t mean Miracle Mile will turn into Lincoln Road. Bittel doesn’t believe the Mile will ever command the kind of rents, now surpassing $300 a square foot, that Lincoln Road does. In any case, he says the success of Miracle Mile will hinge on the right combination of national tenants and local, one-of-kind retailers and restaurateurs that will appeal to Gables residents, downtown workers and tourists.

And while some small shops may have to leave the Mile, they can move to nearby streets, as several already have.

“We’re not trying to compete with South Beach or make it a playground for 20-year-olds,” said Gus Fonte, the BID secretary. “We’re trying to make it a better destination and attract additional development, while keeping workers after dark and giving residents something they can be proud of.”

That sounds like the right formula to Sara Zamikoff, owner of the eight-year old Emporium, a women’s boutique whose mix of clothing and accessories by local and independent designers has won it a dedicated following. She moved her store to the Mile from Ponce de Leon in June in search of healthier foot-traffic, with just a small increase in rent. So far, she’s delighted with the results, and says she’s looking forward to the wider sidewalks and beautified streetscape.

“I see a lot of potential,” Sara Zamikoff said. “Miracle Mile is well known. It used to be known for wedding boutiques, but that’s changing. We are what Lincoln Road no longer is. If we can re-create that ambience here, the more we can highlight the local businesses, that womens’ boutique, a great restaurant, a great local wine store like Wolfe’s, with people wanting that connection and those unique items, that will be amazing.”

 

Source: Miami Herald

The shovels are finally hitting the pavement on Flagler in downtown Miami, nearly two years after city officials agreed to undertake a total reconstruction that’s meant to restore the tatty but storied byway to its rightful place as the city’s glittering Main Street.

Work has just begun on what’s expected to be a two-year, $13 million streetscape project, starting at the Miami-Dade County Courthouse and proceeding in 13 stages all the way to Biscayne Boulevard.

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By the time the job is done, Flagler’s cracked, stained, slanted and narrow sidewalks, its scrawny-to-nonexistent greenery and its notoriously backup-prone gutters will be history, replaced by 150 shady oaks, new lighting and stormwater drains, and sidewalks twice as wide to accommodate the cafe tables and shoppers that the project’s backers expect the new street to attract.

Flagler Street Rendering

Flagler Street Rendering

On Thursday, the Miami City Commission approved the last bit of funding for the project, $920,000 for an upgraded drainage system and removal of old abandoned pipes that have been sitting beneath Flagler Street’s pavement for decades.

Flagler Street Rendering

Flagler Street Rendering

The street project’s timing seems especially fortuitous. It comes as New York entrepreneur and developer Moishe Mana has amassed what the website The Real Deal has tallied at nearly $200 million worth of properties on or abutting Flagler, with the idea of turning the street, which has long functioned as a down-market, discount-shop strip, into a restaurant, cultural and retail destination, all while preserving its historic low scale.

That combination of public improvements and private enterprise is what worked magic in places like Miami Beach’s Ocean Drive and Lincoln Road Mall, where the Flagler Street project’s backers note street and sidewalk improvements set the stage for a dramatic revitalization. That’s what they hope to replicate in downtown Miami.

“It’s really exciting,” said Brian Alonso, whose family owns the upscale La Epoca department store in the historic Walgreens building and the newer Lost Boy Dry Goods clothing shop in the also-historic DuPont building, both on Flagler. “Streetscape projects can transform an area. On Ocean, when you had Tony Goldman assembling property and the streetscape improvements at the same time, you had something transformative. You have something similar happening here. Mana can single-handedly change the area.”

Mana, who recently submitted plans for a massive, ambitious and controversial multi-use redevelopment in Wynwood, has been publicly coy about his precise plans for Flagler. But a video his company released in the fall shows refurbished buildings along Flagler, some occupied by rooftop lounges and restaurants. In the video, Mana calls Flagler Street a “Cinderella” that merely needs a new dress to reveal her beauty.

“Downtown is the future of Miami,” Mana says.

 

Source: Miami Herald