CVS/pharmacy to Open at Everglades on the Bay

October 3, 2008

A few weeks ago, when I drove by Everglades on the Bay (now known as Vizcayne North) I noticed the “CVS/pharmacy Coming Soon!” sign hanging in the window of their large ground floor commercial space.  This may not be jawdropping news but I do think that it is a good sign for Downtown Miami.  It shows that the much needed infrastructure for this neighborhood is finally on its way.  Large chains are starting to see that Downtown Miami is a viable neighborhood with enough residents to sustain a business despite the current economic downturn.

As far as I’ve heard, Everglades on the Bay has not yet begun closings but closings will begin shortly.  It’s great to see that Everglades on the Bay was able to acquire such a strong commercial tenant so soon.  There are condo buildings in Miami that began closings over a year ago that still have commercial space that is unoccupied.