Miami Freedom Park has secured three new retail tenants for over 125,000 square feet of space. Fever, a live entertainment platform known for organizing large cultural events, preleased 30,000 square feet. PopStroke, a miniature golf venue backed by Tiger Woods, committed to 75,000 square feet. Urban and eco-tourism company ToroVerde preleased 24,000 square feet for an adventure park.
The development is led by Jorge and Jose Mas in partnership with David Beckham and Ares Management from Los Angeles. Miami Freedom Park will feature a 25,000-seat stadium for Major League Soccer’s Inter Miami CF team and include one million square feet of mixed-use real estate at the former Melreese Golf Course site at 1400 Northwest 37th Avenue. The developers have signed a 99-year lease on this city-owned property.
According to the developers’ release, the complex will offer offices, retail spaces, entertainment venues, restaurants, three hotel buildings with a total of 750 rooms, a public park named Jorge Mas Canosa Park spanning 58 acres, and athletic fields. Construction began in 2023; phased completion will start next year with the stadium and initial community amenities opening first.
Retail leasing is being handled by InHouse Commercial, Newmark and Magellan Realty Group on behalf of the developers.
In Fort Lauderdale’s Flagler Village neighborhood at The Manor multifamily building owned by Cardone Capital, two new retail tenants have signed leases: Craft Miami restaurant took up 4,500 square feet while Pilates studio RP Heat leased 2,600 square feet. Jaime Sturgis and Kaley Tuning of Native Realty represented the landlord; Aaron Levy of South Florida Commercial Corporation acted for Craft Miami; Liz Metott from Native Realty represented RP Heat.
Cardone Capital acquired The Manor last year as part of an approximately $500 million investment spree in Broward County multifamily properties that also included Laurels at Jacaranda in Plantation and Edge at Flagler Village.
Plum Market has announced plans to open a new store in Palm Beach Gardens after leasing 30,000 square feet at Prosperity Centre plaza located at 2410 PGA Boulevard. Plum Market previously opened its first Florida location in Aventura several years ago and intends further expansion within Palm Beach International Airport over the next few years.
Records show Regency Centers owns Prosperity Centre plaza.
CP Group and DRA Advisors have finalized five lease agreements at their downtown Miami Tower property located at 100 Southeast Second Street. LifeSpan MD’s Princeton Longevity Center along with LifeSpan Medicine leased all of the tower’s forty-second floor totaling about 14,700 square feet. Law firms Boies Schiller Flexner (18,300 sq ft) and Boyd Richards Parker Colonnelli (12,400 sq ft) renewed their respective leases; UBS Financial Services expanded its presence to nearly 40,000 sq ft; Worldwide Express increased its office space to almost 4,000 sq ft.
Boca Raton-based CP Group together with New York-based DRA Advisors purchased Miami Tower for $162.5 million in 2022. The building was designed by architect I.M. Pei and completed in 1987.
Precise Property has signed ACE Hardware as a tenant occupying roughly half of Hallandale Shopping Center’s available retail area—12,000 out of around double that amount—at its location on East Hallandale Beach Boulevard in Hallandale Beach. Precise Property operates commercial developments across North America from offices based in Jupiter (Florida) and Westmount (Quebec).
Christopher R. King has opened his flagship boutique store on Worth Avenue in Palm Beach occupying a space measuring approximately twenty-five hundred square feet; products are made near Florence under King’s direction.
