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Miracle Mile Heats Up with New Activity from Terranova

MIAMI BEACH, FL – December 22, 2016 –

Downtown Coral Gables and Miracle Mile vacancies are steadily decreasing despite on-going construction.  Retailers and restauranteurs are clamoring for space on The Mile in anticipation of the completion of the Streetscape project. Wider sidewalks with outdoor seating in beautiful South Florida is a hot commodity and Terranova is taking action by bringing with several new tenants to Miracle Mile.

Copper 29 Bar, the hottest speakeasy in town, brings craft cocktails, good food in a laid back atmosphere to 206 Miracle Mile. Copper29 opened in early August in the midst of the road construction and has been the “it” place ever since.

Conde Contemporary, located at 204 Miracle Mile, was the first to bring the art scene back to Miracle Mile with the opening of a contemporary Cuban Art gallery. With a variety of events taking place within the gallery every month, Conde Contemporary encourages the free exchange of ideas. Stop by to check out the “Social” series by the artist and owner, Andres Conde.

18/8 Fine Men’s Salon is opening spring 2017 at 261 Miracle Mile. This location will be the first for this franchise in Miami.  18/8 provides a trusted place for men to have a professional grooming experience offering men’s hair care, styling, grooming products and consultations.

A new Mexican style concept will be coming to 230 Miracle Mile. Brought to you by the group that opened Copper 29 and Crema Gourmet Espresso. Stay tuned for more details.

But it doesn’t stop there, office leasing is just as hot as retail leasing. Terranova recently completed over 3,120 square feet in executive office leases for the offices at 220 Miracle Mile.  A new executive style suite operation is underway.  Contact Karen Maerovitz today at 305.779.8907 or kmaerovitz@terranovacorp.com for more details.

“Coral Gables is evolving to become more city-centric with a reinvention of Miracle Mile designed to answer the call for increased dining, entertainment, and shopping options within one of the densest downtown districts in all of Miami,” says Terranova Executive Vice President Mindy McIlroy. “It’s no surprise that vacancies are decreasing with merchants eagerly anticipating the completion of the streetscape project and scooping up space in The City Beautiful.” For more information on the streetscape, please visit www.gablesstreetscape.com.

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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 asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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