Current media coverage and upcoming developments hand-picked from the industry.

Men’s salon, Mexican eatery opening on Miracle Mile

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SOUTH FLORIDA BUSINESS JOURNAL — December 22, 2016 — BY EMON REISER. A Miami Beach-based real estate advisory firm has confirmed multiple new tenants on downtown Coral Gables’ popular Miracle Mile.

Terranova Corp. announced the opening of a speakeasy and other incoming tenants, including a men’s salon and a Mexican eatery.

Copper 29 Bar opened in August at 206 Miracle Mile. The speakeasy features craft cocktails and a menu that includes short rib sliders, organic kale salad, flatbread, tuna tartare and other meals.

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Coral Gables garage development battle continues

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MIAMI TODAY — December 13, 2016 — BY CATHERINE LACKNER. The competition to redevelop two garages owned by the City of Coral Gables is very much alive, city sources said this week.

Though an evaluation committee voted for a proposal by The Allen Morris Company and The Related Group on Dec. 6, “The city commission reserves the right to negotiate with the evaluation committee’s second choice, or with anyone,” said Javier Betancourt, city economic development director. The commission can also decide not to endorse any proposer, or to shelve the project altogether, he added.

The next step is for city staff to draw up a recommendation for the city’s manager’s review. The matter will then go to the commission.

The committee evaluated two proposals. TC Gables, an affiliate of Terranova Corp., which submitted the other proposal, is still very much in the game, said Josh Gelfman, Terranova director of development.

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Terranova is Popping on Lincoln Road

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MIAMI’S COMMUNITY NEWSPAPERS — December 8, 2016 — With the holidays quickly approaching, brands are“popping up” all along Lincoln Road. Terranova recently signed three new short-term deals on the world famous retail street.

Cap’n Crunch has landed in Miami Beach in the form of a 2,966 square foot pop-up shop at 721 Lincoln Road. The Kith x Cap’n Crunch store, a partnership between the cereal brand and the New York-based cereal bar, Kith Treats offers both food and limited edition Cap’n-Crunch apparel.

Kiwi Arts Group opened a 2,668 square foot gallery at 737 Lincoln Road to showcase American photographer William John Kennedy’s historic collection of Andy Warhol and Robert Indiana photographs during Art Basel through January 5th.

Daniel Wellington, a minimalistic elegant watch boutique, opened at 608 Lincoln Road. This 6-month, 748 square foot pop-up is part of the international brand’s U.S. launch, and ads timeless and classic style to the mix on Lincoln Road.

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