Entertainment Hub To Open in Downtown Miami's Macy's
Six restaurant and entertainment venues are slated to open by June in 20,000 square feet of street-level retail space in downtown Miami.
Bill Fuller and Martin Pinilla II, co-founders and managing partners of Barlington Group, are investing the capital and Macy’s is putting up the space. Larry Gautier, regional vice president of Keyes Co., worked with Macy’s on finding the right team to lease the space. He’s been working with Macy’s for eight years on its short- and long-term plans for excess space at the downtown store at 22 E Flagler St.
This culinary and entertainment complex planned in the west building is to include several restaurants, bars and even a live jazz and blues venue, all new to the Miami-Dade market. Although the tenants cannot be announced until all the leases are signed, they have been described as “unique and dynamic.”
An architect has also been hired to design a new façade to rejuvinate the building’s appearance, Mr. Fuller said, and add lighting and other attractive elements at par with Miami’s nightlife.
This new deal also comes when Macy’s tenant in the east building, Florida International University, has found a new home. After considering multiple bids for relocation of its downtown business school hub, the university awarded the lease, estimated at 30,000 square feet, to Florida East Coast’s 1101 Brickell.
Once all the leases get inked, Mr. Fuller said, build-out is to begin right away, as the goal is to complete the renovation within four to six months. “By then,” he said, “we should see the beginning of a whole new moment for this area of downtown.”
CLICK HERE FOR MORE ON THIS STORY
Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning.
CLICK HERE TO SUBSCRIBE TODAY!
And we promise…no more than one email each morning.
Leave a ReplyWant to join the discussion?
Feel free to contribute!