Shopping Center Business is the leading monthly business magazine for the retail real estate industry.
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FLORIDA 64 • SHOPPING CENTER BUSINESS • August 2016 in Europe or Latin America." Swire Properties is integrating the Miami Metromover transit system with Brickell City Centre with a stop that exits directly onto the shopping center's third floor. The retail center is set to open to the public in November. The Brickell district is potentially the most in-demand submarket in the South- east from a development standpoint. According to Overholt, there are more than 30 towers either under construction or planned in the Brickell district, which makes the submarket extremely attractive from a retailer's perspective. "Brickell is the only area in South Flori- da with the highest density in daytime of- fice, residential and visitors. To find one area that offers all three of those densities is really valuable to retailers today," says Overholt. "Sheer density is driving the retail mar- ket in Brickell," adds Rafael Romero, vice president of CREC's leasing team. "It's difficult to compare any other submarket in South Florida to Brickell." Even outside of Brickell, population density and tourism are driving retail sales in Miami-Dade County, leading to new de- velopments. Some upcoming projects in Miami's pipeline include Whitman Fami- ly Development's $400 million enhance- ment to Bal Harbour Shops; SoLe Mia, a $4 billion master-planned development in North Miami by LeFrak and Turnberry Associates; River Landing, a big-box retail development underway near the Jackson Medical Campus and Marlins Park; and 15,000-20,000 SQ. FT. SPACE AVAILABLE IN PRIME ORLANDO MARKET FOR ADDITIONAL INFORMATION PLEASE CONTACT Jill Gull Jill.Gull@Stiles.com OR VISIT US AT ICSC FLORIDA CONFERENCE BOOTH #2725 407.667.9400 • High Visibility Location with Pylon Signage Opportunities • Adjacent to Major Retailers Including Publix & Walmart JOIN THESE RETAILERS Terra City Center Group is developing Pines City Center, a 300,000-square-foot retail center In Pembroke Pines set for delivery in late 2017 or early 2018.