Summer Sizzles for Coral Gables’ Retail Real Estate Market: Terranova Welcomes Multiple New Tenants

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MIAMI BEACH, FL – July 9, 2019 – Terranova Corporation, South Florida’s leading commercial real estate firm, has announced a plethora of new tenants opening in one of the most prestigious and affluent retail locations in Miami -Dade County – Coral Gables’ Miracle Mile.

On the heels of the one-year anniversary of the completed streetscape project, which included widened sidewalks and outdoor seating, Miracle Mile – downtown Coral Gables’ pedestrian friendly major retail corridor, is also celebrating the openings of a number of exciting new merchants to The City Beautiful mix.

Popular South Florida concept Carrot Express continues its domination of the healthy fast casual market with the opening of its fifth South Florida location at 259 Miracle Mile later this summer. With something for everyone and perfect for a quick lunch onsite or on the go, Carrot Express offers a wide selection of vegan and vegetarian sandwiches and salads to choose from along with signature wraps, simply grilled chicken dishes and poké bowls.

The nation’s leading medical spa, LaserAway, opened their first Florida flagship location in Coral Gables earlier this year at 263 Miracle Mile. Founded by Dr. Roy S. Winston in Southern California in 2006, LaserAway has a celebrity cult-like following specializing in laser hair removal, tattoo removal, skin care, and anti-aging services. Using the latest innovations in aesthetics science and technology to develop some of the best treatments in the field, LaserAway is among the fastest growing companies in the industry.

Beginning as a family enterprise in Barcelona in 1922, Pronovias opened its first U.S. Flagship store this past month at 360 Miracle Mile. The brand was founded on lace, embroidery, and high-quality silk fabrics demanded by high-society brides. The Spanish luxury bridal retailer is continuing its traditions and is further expanding in the U.S. Market with several new stores opening across the country.

The growth of Miracle Mile ties in perfectly to Coral Gables’ evolution into a city in and of itself.  “More dining, entertainment and shopping options are only fitting for an area that offers one of the densest downtown districts in all of Miami,” says Stephen Bittel, Chairman and Founder of Terranova Corporation.  “It’s no surprise that retailers and restaurateurs are taking a close look at Coral Gables, especially with the completion of the streetscape project.  Now everyone is clamoring for space on the Mile to be in the thick of it all.”

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Terranova Corporation, South Florida’s leading commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate.

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THE LINCOLN EATERY TO DEBUT FALL 2018

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Debuting fall 2018, The Lincoln Eatery marks the arrival of one of the 21st century’s biggest global culinary trends – the modern food hall – on Miami Beach.  Located adjacent to Lincoln Road, South Beach’s famed pedestrian shopping, dining and people watching street, the highly-anticipated urban food collective will present a curated selection of 16 unique dining and drinking options featuring an eclectic assortment of culinary concepts.  As envisioned by its developers, Terranova Corporation, South Florida’s leading full-service commercial real estate firm, The Lincoln Eatery is poised to become a convivial hub on Miami Beach – a gathering place that celebrates the intersection of food, design and community in a setting perfect for Instagram-worthy moments. Designed by Arquitectonica – the iconic global architecture firm notable for putting South Florida on the world design map – The Lincoln Eatery occupies 9,600 square feet of street level space at the intersection of Lincoln Lane and Meridian Avenue. Once open, The Lincoln Eatery is destined to become a dining hotspot for locals and visitors alike, whether they’re seeking a quick bite, a great drink or a chic space to meet, mingle, work or hang.

According to Stephen Bittel, Terranova’s founder and chairman, “We’re extending Lincoln Road’s footprint north with the development of The Lincoln Eatery as the anchor.  Our goal with the Eatery is to work with local and national culinary entrepreneurs, providing the support and infrastructure they need to be successful; in turn offering an exciting, affordable new dining experience that will be authentic and new to the area. All of the Eatery’s tenants will be unique from one another, offering something for every palate. We are thrilled with the creative and delicious mix of cuisines and concepts that are joining forces us.”

Many of the Eatery’s tenants are new to the market, bringing authentic, and in most cases, homegrown made-in-Miami options to a wider audience with first time brick and mortar retail locations. Vendors confirmed to date give a sense of the temptations to come. They include: Necessary Purveyor serving artisanal sandwiches, teas and house-made granola; Fresh Garden Bowls featuring made-to-order salads, wraps and fresh juices; Chill’N, a Miami-based nitrogen ice cream concept; Marble & Rye, a modern take on a New York deli serving traditional Kosher dishes; TYO Sushi, a fusion of Japan’s signature sushi roots and today’s modern flavors; Toast & More, a French bakery specializing in savory and sweet tartines; and GOTAM Pizza and GOTAM Chimney Cakes, serving New York-style pizza and to-die-for freshly-made chimney cakes. The full roster of tenants will be announced later this year.

The Lincoln Eatery will offer flexible indoor/outdoor seating for over 200. A modern interpretation of the industrial food hall, The Lincoln Eatery’s design elements include glossy subway tiles and polished concrete floors. Overhead, a matrix of wooden beams evokes a lush tropical canopy. The central bar, located within the Eatery, will offer wine, beer and handcrafted cocktails; in 2019, Terranova will open the project’s second phase – a spacious rooftop terrace that will be open to the public for dining, drinking, special events and just lounging.  Other shopping and dining experiences in the district are online to open in late 2018 and 2019 including Genuine Pizza by Chef Michael Schwartz and Havana 1957 Café.

One block north of Lincoln Road and within walking distance of the Miami Beach Convention Center, New World Center, the Fillmore Miami Beach and Miami City Ballet, The Lincoln Eatery is perfectly situated for post-shopping, before and after theatre dining and drinking.  Convention center attendees will delight in this convenient option. Operating hours from early morning until evening. Located at 723 Lincoln Lane on Miami Beach.  www.thelincolneatery.com; @lincolneatery.

 About The Lincoln Eatery

Designed by global architecture firm Arquitectonica, The Lincoln Eatery will bring together a total of 16 fast-casual, artisan, and grab-&-go concepts in a space that reflects the fast-paced vibe emerging in Miami Beach’s expanded Lincoln Road district. Whether you’re a local foodie looking for a quick bite or visiting from out of town and craving an authentic Miami Beach experience, The Lincoln Eatery has something for everyone and is the destination to meet, eat, drink and relax in Miami Beach.

About Terranova

Terranova Corporation, South Florida’s leading full-service commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate. www.terranovacorp.com.

Media contacts:

Kimberly Nolan/Karen Barofsky

Brustman Carrino Public Relations

bcpr@brustmancarrinopr.com

(305) 573-0658

Nutrition Empire Opening at Gables Ponce

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MIAMI BEACH, FL – December 15, 2014 – Terranova Corporation celebrates Nutrition Empire opening at Gables Ponce, a mixed-use project located at the intersection of LeJeune Road and Ponce DeLeon Boulevard in Coral Gables, Florida

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Nutrition Empire’s first retail store location will carry over 550 of the top health and wellness brands and the hottest sports nutrition and dietary supplement products. The specialty retailer’s new location opens its doors today at 4583 Ponce DeLeon Blvd and plans a Grand Opening in January. “We are thrilled to be opening our first location in Coral Gables,” said Nick Tabraue General Manager of Nutrition Empire. “This high-end area of Miami is at the epicenter of health and fitness, within walking distance to Equinox at the Village of Merrick Park, numerous Crossfit locations nearby and less than a mile away from the University of Miami.”

Not able to shop at their Coral Gables location? Don’t worry, Nutrition Empire will be launching their website where customers can place an online order from their full inventory of over 6,000 sku’s of nutritional products and dietary supplements.

More tenants are in negotiations to join Nutrition Empire and Epicure Gourmet Market & Cafe at Gables Ponce as the third phase of development begins. The project will have close to 1,000 luxury apartment units when completed.

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including highstreet retail, asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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