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The Benefit of Design District Properties

April 5, 2013

The Design District is one of the most dynamic and popular communities in Miami. Formerly the site of blighted warehouses and urban decay, this fast-growing neighborhood has undergone an unprecedented transformation into a trendy center of art, design, and culture. Needless to say, this thriving neighborhood has a lot to offer.

Miami Design District

The Design District is one of the most dynamic and popular communities in Miami. Formerly the site of blighted warehouses and urban decay, this fast-growing neighborhood has undergone an unprecedented transformation into a trendy center of art, design, and culture. Needless to say, this thriving neighborhood has a lot to offer.

One of the strongest characteristics of the Design District is its role as a crossroads of several other prominent and bustling communities, including Midtown, Wynwood, Buena Vista, and the affluent Upper East Side. In fact, the 18-block area attracts far more day trippers and visitors than its own population, providing many opportunities for shops and restaurants.

In fact, the Design District Commercial Real Estate market is highly competitive and sought after. In 2009, Christian Louboutin opened the first luxury store in the area, which has marked an era of consistent growth ever since. Only a year later, prominent designer Yohji Yamamoto opened a store as well, while Louis Vuitton announced plans to open a store in the neighborhood, soon to be joined by other stores like Sephora, Givenchy, and Fendi. Other expected arrivals include Hermes, Cartier, and Dior. In fact, Craig Robins, one of the largest developers in Miami, plans to bring 40 to 50 luxury retailers by 2014, which will make the Design District a rival even to established commercial powerhouses such as Miami

These big plans are not only a testament to the Design District’s enticing opportunities, but they will no doubt draw in plenty of potential clients. As the city’s popularity grows, so do prospect for businesses and start-ups of all kinds. So if you’re looking to benefit from this prosperous community, contact Metro 1 CRE, the city’s leading purveyor of Miami Commercial Real Estate, at 305-571-9991.

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