Shopping Center Business

DEC 2015

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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FUTURE CENTER 150 • SHOPPING CENTER BUSINESS • December 2015 A new urban core for South Florida, and a new prototype for the 21st century city, Metropica in Sunrise, Florida, just may point the way to a sus- tainable future for a growing population. Developer Metropica Holdings LLC, based in Sunrise, and Baltimore-based master planner and architect ci design are creating an entirely new residen- tial and entertainment city district that complements, embraces and connects its more suburban neighbors. The 4 mil- lion-square-foot Metropica will consist of 400,000 square feet of retail, 2,550 residential units, 650,000 square feet of offce space, two 120-room hotels, 9,627 parking spaces, a central park, and transit station, all on 65 acres at the epicenter of South Florida's retail and entertainment district at Sunrise Boulevard and NW 136th Avenue. The development will be an environ- mentally sensitive, pedestrian-oriented core that will utilize public transit to be- come a larger community with such subur- ban elements as the Sawgrass Mills mall, BB&T Center and upcoming American Express corporate campus. In this respect, Metropica is at the fore- front of a national — and global — trend of urbanization. Population growth in U.S. cities has risen 12.1 percent from 2000 to 2010, versus 9.7 percent overall, according to the most recent U.S. census. Florida is no exception, with a population expected to rise from 20.4 million in 2010 to 25 million in 2030, according to npg. org. Densifcation and resulting mass transit are the only ways to accommo- date this growth while maintaining the environment. Several other areas in South Florida, such as Delray Beach and Pompano Beach, have built thriving downtowns in recent years. Metropica will do so for areas west of Interstate 95 but in a more holistic and technology-focused fashion. An internal shuttle bus system as well as a transit station for regional buses will link Metropica to its neighboring devel- opments as well as to the rest of Western Broward County. Rather than replicate the expected South Florida beach vibe, its classic con- temporary architecture will refect the en- ergy and style of the world's great cities, like New York, Chicago, Paris, Barcelona, Billed as an urban center for Western Broward County, Florida, Metropica embraces and connects areas once viewed as suburban. Metropica: A City For The Future A new project in South Florida aims to create a dense, sustainable urban community. Chris Bauer

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