MIAMI—With mega retail projects emerging in Downtown Miami, where does that leave Lincoln Road? Will buyers still be willing to pay top dollar for Lincoln Road retail with the likes of Brickell City Centre and Miami Worldcenter emerging?
Swire's Brickell City Centre inked a deal with Bal Harbour Shops on the retail front. The 2.9 million-square-foot mixed-use development will include a high end 500,000-square-foot retail center.
Swire also plans to develop condominiums, hotel and other elements of the project in the third quarter of 2015, offering built in shoppers. Swire's retail center will host a Sacks Fifth Avenue, for starters.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
