Apple Touches Down: A New Era Begins at Miami Worldcenter
After months of speculation, it's official: Apple is making its mark on Miami Worldcenter, the sprawling 27-acre megadevelopment in Downtown Miami. A leasehold agreement filed to Miami-Dade County confirms the tech giant's arrival, adding to the excitement surrounding this ambitious project.
Construction has been underway since November for a one-story, stand-alone retail building located at 725 NE First Avenue. With a price tag of $12 million, this development is poised to become a focal point within the Miami Worldcenter landscape. Situated on an 18,600-square-foot site, the building occupies a prime spot at the corner of Northeast Eighth Street, just west of the Jewel Box retail building.
Miami Worldcenter, akin to New York's Hudson Yards, is one of the largest private projects in the country. Spearheaded by master developers CIM Group, Art Falcone, and Nitin Motwani, this mixed-use development promises approximately 300,000 square feet of retail space, offering a vibrant shopping and entertainment experience in the heart of Miami.
Already, the development has welcomed a lineup of notable brands, including Sephora, Lululemon, and Ray-Ban. Exciting additions on the horizon include Starbucks, The Container Store, Rihanna’s Savage X Fenty, and a bar concept by Nick Jonas, among others. Apple's presence adds further prestige to this burgeoning retail hub.
Speculation about Apple's involvement at Miami Worldcenter has been rife for months, but confirmation was elusive until now. Despite persistent rumors, both Miami Worldcenter and Apple remained tight-lipped on the matter. However, the recent leasehold agreement filing and confirmation from individuals involved in the project have dispelled any doubts.
Apple's decision to establish a presence at Miami Worldcenter marks its sixth outpost in Miami-Dade County. This move underscores the company's commitment to enhancing its retail footprint, particularly following the departure of former retail chief Angela Ahrendts in 2019. Ahrendts, renowned for her tenure at Burberry, left a lasting legacy on Apple's retail strategy.
With Apple's imminent arrival, Miami Worldcenter continues to solidify its position as a premier destination for shopping, dining, and entertainment. As construction progresses and anticipation mounts, residents and visitors alike eagerly await the unveiling of this iconic retail landmark.