July 12, 2013
Downtown Miami has long been South Florida’s commercial, financial, and cultural hub, subsequently attracting residents, businesses, and entrepreneurs from all over the country. Its revitalization as a chic center of urban living has led to a boom in both residential and commercial real estate, making it one of the fastest-growing communities in Miami-Dade County.
It’s thus no surprise that Whole Foods, one of the nation’s largest supermarket chains, has decided to open a store in the area. The Miami-based P&G Development Ltd had already begun construction of the massive store last year, which will by 36,000 square feet and include a 12-story parking garage above it. In keeping with Midtown’s chic architectural scene, the store’s design will be modern, aesthetically-appealing, and environmentally-friendly.
In a promising development, the Daily Business Review reported that the developer received a $45 million construction loan, thus ensuring that the project will proceed accordingly. Downtown will get its Whole Food store! Given the growing number of young residents, and considerable spillover from surrounding vibrant communities, it’s likely that business will boom from the start.
This vibrant community already boasts an ever-growing selection of townhouses, high-rise apartments, and boutique condos. Its central location, excellent infrastructure, and ample transportation links allows residents to access every major community and attraction, including Miami Beach, Miami International Airport, the Port of Miami, Coral Gables, and still more. This convenience and dynamism has no doubt contributed to Downtown Miami’s reputation as one of the most pleasant areas to live.
Needless to say, it’s no surprise that major companies like Whole Foods are moving in to take advantage of the growth – and to give residents even more enjoyable living options.
To learn more about the great opportunities offered by Downtown Miami Real Estate, contact the number one provider of premium Miami Properties, Metro 1 Properties, at 305-571-9991.