Miami Worldcenter to Add Sephora, Lucid Motors and Bowlero as Tenants
The $4 billion, 27-acre mixed-use development is located in the heart of downtown Miami
The latest tenants slated to open at Miami Worldcenter include the world’s leading prestige beauty omni-retailer, an innovative electric car brand and the global leader in bowling entertainment. Sephora, Lucid Motors and Bowlero will occupy a combined 60,000 square feet of space in the open-air shopping and entertainment center beginning in 2022.
Along with the new tenants, Miami Worldcenter’s will feature Chicago restaurants Maple & Ash and Etta and Miami chef Michael Beltran’s Brasserie Laurel and El Vecino eateries. The latest lease agreements total approximately 90,000 square feet of leased retail space in the center within the last 90 days.
“On the heels of announcing an award-winning lineup of restaurant concepts slated to open at Miami Worldcenter, we are upping the ante with a trio of nationally and globally recognized lifestyle brands,” says Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “These tenants exemplify the diversity we are offering throughout our residential, hospitality and office developments across Miami Worldcenter,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “Bringing to life the retail components of Miami Worldcenter’s master plan is critical to transforming our 27-acre site into a thriving open-air destination.”
Spanning 10 city blocks, Miami Worldcenter will feature a diverse mix of residential, commercial and hospitality uses along with approximately 300,000 square feet of retail, restaurant and entertainment space. The center will include two completed residential buildings—the 60-story Paramount Miami Worldcenter condominium and the 43-story Caoba luxury apartment tower. Retail leasing at Miami Worldcenter is led by CIM Group, a partner in Miami Worldcenter and Miami-based The Comras Company.
“CIM believes the retail component is pivotal to creating a captivating experience at Miami Worldcenter,” says Shaul Kuba, Co-Founder and Principal, CIM Group. “To engage residents and visitors, Miami Worldcenter is modeled on the proposition that people want human connections and will seek out retail and entertainment destinations that are attractive, walkable and populated with a carefully selected mix of retail and restaurants.”