February 5, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY “Nearly every major retail destination has had a diverse dining element as an anchor to the experience,” says Josh Gelfman, Director of Development for Terranova Corp. “The same is true worldwide – from one end of the globe to the other – and for decades running.” Gelfman’s insights help shed light on the real estate and management company’s recent addition to the South Beach market – The Lincoln Eatery. Inspired by such famous international food halls as Harrods in London, BoulangEpicer (BE) in Paris, and Bouqeria in Barcelona, as well as more domestic hot spots like Seattle’s Pike Place Market or San Francisco’s Ferry Plaza Farmers Market – The Lincoln Eatery is an evolutionary leap forward for Miami.
“South Florida is very familiar with the concept of a Food Court,” Gelfman continues, “but an eatery or food hall is a new idea.” As the region continues to move away from the traditional shopping mall concept with ever-expanding high-street retail locations and more connected, pedestrian-driven retail developments, the humble food court has struggled to keep pace with current consumer behavior. This does not mean, however, that there has been a decline in consumer desire for casual, accessible dining options. On and around Lincoln Road the current culinary landscape is mostly made up of full-service restaurants, leaving an opportunity for fast-casual dining options and prices that are affordable on a daily basis by the working, residential, and tourist populations of the area.