Photos: Miami Worldcenter Has Blank Walls Where Up To 300,000 Square Feet Of Retail Space Is Planned

Miami Worldcenter announced last month that around 150,000 square feet of retail space has been completed at the project. For now though, most of the retail space remains blank walls with no tenants announced.

The announcement came after a 65,000 square feet of retail condo space was acquired by Miami Worldcenter Associates from the developer of Paramount last month.

Another 50,000 square feet is now in development and will be completed within months bringing the total to 200,000 square feet, the developers said in the same release.

The total retail being delivered will soon rise even more to a total of 300,000 square feet, the developers said in a press release this month.

For now, most of the retail space appears to be covered with white blank walls. Below is a photo tour of the ground floor retail space.

 

 

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Anonymous

Compare this with the way Swire handled City Center. It’s night and day. Swire knows what it’s doing.

Anonymous

Swire built all parking underground and embraced the street. MWC is a parking focused – car in’n’out development.

Anonymous

Swire did a much better job but you can’t say they embraced the street… the mall is entirely interior just like sunset place which they’re about to renovate and open it up to the street

Anonymous

I would say that they embraced the street. They have cuts though the building at Sax5thAve, and really open it up on Miami Ave in between 7th & 8th Street, also, the East Hotel entrance has lounging areas on the sidewalks. Dining at Centrale facing SE 6th street is nice too.
They did a great job.

Anonymous

City Centre is perfect except for its relationship to the street. You’re dying on the wrong hill.

305

“Cut-through” at Saks? You mean a mall entrance, complete with gates and all that close?
Heck there isn’t even a mid-block crosswalk at Miami Ave, instead there’s plants that block pedestrians from crossing.
And if that “outdoor” dining at La Centrale is “nice”, you need to eat outside of Doral sometime soon. A few tables on a narrow sidewalk adjacent to a shit show of a roundabout sure is nice…

Anonymous

Agree
Just another mall

305

BCC and “Embracing the Street” in the same sentence? Really? Have you even set foot in Brickell once?

Anonymous

Brickell City Center was built in an area that was basically already established. Miami World Center is being built in an up and coming area. Apples and oranges.

Anonymous

LOL at the retail “promenade” It’s what 50 feet wide? This project is such a failure. Really a shame.

Anonymous

A “50 feet wide” promenade doesn’t bother me, what I’m more concerned about is the action that this place attracts.

marc

Remember 7th street which was closed off to car traffic? That’s your “promenade” that MWC was selling. The “promenade” hasn’t even been built.

Anonymous

Wrong. #Facts

Anonymous

Miami could use more narrow pedestrian streets, it’s great. I would spend a lot of time there if there were actual stores.

Anonymous

Heaven for homeless shelters

Anonymous

thank you, from what they said to what it is turning into, night and day…I really thought at some point this would be it, but noooooooo

305

Some people here need to learn basic scale of design. Anything wider than 50 feet would be out of scale and too large for a pedestrian retail street. This is a downtown, urban spaces should be tighter and more pedestrian oriented than what is designed for Kendall.

Anonymous

Learn something that’ll prevent them from whining?!.. nahhh…..

Anonymous

This is sad

Anonymous

Lincoln Road has nothing to worry about.

Anonymous

Doral City Place is booming

Anonymous

Dania Pointe is doing better

305

Dania Pointe looks like a Hollywood movie set that is about to become a dumpster fire

Anonymous

Doral sucks.

Anonymous

how so ?

Anonymous

Boring, ugly, suburban wasteland. Even the new walkable center is small and filled with lookalike architecture. Also Trump

Anonymous

You’re forgetting the breeze and fragrances from mount trashmore.

Anonymous

Trump and Miami International Mall are the only good things about Doral.

Anonymous

Don’t forget IKEA

Anonymous

IKEA is in Sweetwater. So is Dolphin mall. That area was somehow annexed by Sweetwater 10 years ago.

Anonymous

I agree it sucks in terms of location but boy, it’s quite a success.

Anonymous

The area needs more people. Theyve got the one project south thats been built and theyre building another rental project across the street from that. Frankly they really need the rest of the rentals they have planned for MWC to be built as it will not only connect the area with Brightlines apartments but will also add some more foot traffic to the area. The bigger issue is that this massive pedestal was built for one building that is filled with absentee foreign owners looking to park their money somewhere. The Melo project next to Okan will be nice too to add some life to the area.

santa

I personally doubt projects like Okan will ever go up. The next crisis is coming with big steps, and aftermath wont be the same as after 07-08, it wont rebound like it did before, way more debt this time around and interest rates are already near zero, not much they can do. As for those foreign buyers, lets see what happens when they turn sellers as these condos become their only “liquid” assets outside of china. Speaking of prices, most of these condos went for 200 per sq ft, now they are still in 350 and up range. How low are we going, and where would you buy, brickell/downtown/park west/edgewater?

Anonymous

Absolutely shocking !! #SAD

Anonymous

Ive heard from multiple brokers they are having trouble closing deals, but interest is mild. Im holding my breathe for this to become anything besides empty condos

Anonymous

I see dark clouds for the area unless convention hotel and SKyrise get built

Anonymous

Two museums and lots of concerts drawing people to the area, development right between them and MiamiCentral/Metrorail…the fundamentals are very strong without more touristy stuff.

Anonymous

Hate to break it to you but concerts, museums and Arscht Center patrons attendees play the mad rush when events are finished to run to their cars.

Anonymous

Agree
And that lame ferris wheel ain’t gonna help

Anonymous

And they will sit empty for a long while.

Anonymous

I’m not sure what the issue is here. The developers are just making blank walls en vogue again. Artistic, Wynwood-esque murals are so last year.
*sarcasm*

Anonymous

Considering what I’ve seen that constitutes a mural, clean blank walls are fine, especially if the Apple Store is coming.

Anonymous

Buildings going up or recently opened in this area:
-Caoba Apartments
-Paramount Condo
-Luma Apartments
-Naativo Condo Hotel
-Okan Condo
-1000 Museum Condos
-YotelPad Condo Hotel
-Twin Central Station Tower Apartments
-Twin Downtown 5th Tower Apartments
-X Apartments
-400 Biscayne Apartments

…it may take awhile but this area’s retail is going to be just fine. If I were the developer I’d wait until Luma is finished to open all of these stores at once.

Anonymous

How about one signed lease announcement at MWC? If I bought a condo there With no retail as of now, I’d be pissed off.

Anonymous

Virtually all new buildings are scams by developers. I knew that before they even started delivering years ago. The good deals are to be made in the buildings from the last 2008 cycle, where you know what you are getting.

santa

Where would you buy? I think prices are going down to 200-250 sq/ft, in non super luxury segment, in the next two to three years.

Anonymous

They need a ventanita, STAT !!!

Anonymous

as if this amount of retail in this area LOLOLOL. Just nuts.

Anonymous

I like the wavy pattern on the skybridge but does it mean they won’t be having a video screen up there anymore?

Anonymous

Most of the buildings built at MWC should have been office buildings not lux condos. Miami is saturated with those.

Anonymous

U can sell a turd at a right price. Obviously the whole area is still a giant construction site, so those leases must be CHEAP to attract tenants. Empty storefronts mean only one thing – the asking price is too damn high.

Anonymous

The problem that nobody wants to understand is that the retail space has become so expensive to lease , that no business can support it ….. why do they have a sell and a what prices ? ……. there is an over supply of everything and the cake is the same

Anonymous

Get me some Longhorn or Texas Roadhouse in there plz

Anonymous

this area is boomin

Anonymous

Yes.. and no one is living in the apartment buildings above Miami Central yet so the potential of this development years from now is nowhere known at this point.

Anonymous

That area needs a destination resort with a large casino. It needs to be a Vegas strip size casino.

Anonymous

Hello Genting rep

Anonymous

No no and no. Gambling projects never solve urban problems.

Anonymous

I guess they don’t have a clue as to why they built that bigass guitar shaped hotel then.

Anonymous

It was built in the suburbs and it’s definitely not going to solve many problems there

Anonymous

So you’re saying it will solve some?

Anonymous

Hotel is full, restaurants are abuzz. What more do you want?

Anonymous

Genting
Please come to our rescue.

Anonymous

Really?
Well you watch now major concerts, events being performed there. While Arscht Center sits empty