Brickell Financial District’s newest hotel property is prepared to deliver 10,000 square-feet of new retail/restaurant space to the market. The under-construction Hampton Inn & Suites Miami Brickell-Downtown, set to open this fall at 50 SW 12 Street, offers retailers and restaurant operators an opportunity to capitalize on rising population growth in the surrounding neighborhood, an influx of commercial activity throughout Downtown Miami, and the steady flow of visitors who will occupy the Hampton Inn & Suites’ 221 guest rooms and 3,500 square feet of meeting space.
The 10,000 square-foot street level space, accessible from southwest 12th street, is the largest contiguous block of restaurant product now available in the Brickell Financial District. The store front space can be divided for multiple users and offers ample on-site parking, making it ideal for restaurant operators ranging in size from 2,000 to 8,000 square-feet. Hospitality Operations, Inc., the Miami-based developer of the new Hampton Inn & Suites, has engaged Kerry Newman of the brokerage firm Koniver Stern Group to spearhead the leasing of the space.
Construction of the 15-story Hampton Inn & Suites Miami Brickell-Downtown began in mid-2010 and topped-off in early 2011. The project, which is LEED-registered, will include a number of sustainable features, including a 35,000 gallon cistern to collect rainwater for irrigation purposes, low-flow water fixtures, and an Ozone laundry system designed to reduce the consumption of water, energy and chemicals. John Moriarty & Associates of Florida is general contractor.
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