Industrial Revolution

Big changes are already underway in traditional retail development – from building more immersive store environments, to innovative mixed-use properties, to adaptive re-use and re-development of underperforming spaces. On the other side of the spectrum, the industrial property inventory has been unable to keep up with ravenous demand from e-commerce uses, driving up the cost of industrial space.

Gun Safety

May 17, 2018 — A few months ago, 17 innocent people were murdered at Majorie Stoneman Douglas High School in Broward County, Florida. Students and teachers alike had their lives senselessly ended with a weapon of war. an AR-15 assault weapon. Families wept at their loss and survivors mobilized to, once and for all, demand our elected officials stand up to the gun lobby and act to save lives. Common sense laws in the form of universal background checks have long been supported by an overwhelming majority of United States citizens, yet our state and federal elected officials have done nothing. We require a car operator to be educated, have a license and have insurance. Guns are at least as dangerous as a car, maybe the same standards should apply.

Military style assault weapons are for killing people, not hunting or any other purpose. Their ownership outside of the military continues to the allow mass killings that have plagued our country. In Florida alone, we have had over thirty instances where more than four people have been filled in one incident in the last two years.

Gun safety legislation at both the State and Federal levels that saves lives while ensuring responsible gun ownership is long overdue and desperately needed. Our students are demanding we act like adults and protect them. Isn’t it enough already?

Our real estate community is uniquely positioned to push the ideas of universal background checks an a ban on assault weapons forward into legislation. We have spent our entire careers building relationships with elected officials to gain project entitlement, variances, permits and the like. What if we used the relationships we have developed to ask them to lead on new laws? The power to protect our communities is in our hands, if we only take the time to use it.

Stephen Bittel

Well Groomed Brings New Concept to Miracle Mile

MIAMI BEACH, FL – May 7, 2018 – With the success of their all-in-one barbershop and spa on Miracle Mile, Well Groomed Gentleman is expanding their services to women and children with Well Groomed Image Consultants coming soon to newly revamped Miracle Mile in Downtown Coral Gables.

Terranova has signed a 5-year lease with Well Groomed Image Consultants for 1,687 square feet at 261 Miracle Mile projected to open this summer.

Owner and President, Al Maulini knows the value of personal presentation and excellence and after almost five years of bringing professional grooming services to men, he is now expanding with a second unisex location a few blocks away from his original barbershop and spa lounge.

“Since the completion of the streetscape project earlier this year, retailers and restauranteurs are clamoring for space on The Mile,” says Terranova Executive Vice President Mindy McIlroy. “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.”

Well Groomed Image Consultants will join a tenant line-up that includes other leading retailers including Bluemercury, Doc B’s Fresh Kitchen, Hillstone, and Mia Cucina. For more information on available spaces on Miracle Mile please send inquiries to ehiggins@terranovacorp.com or visit our website at www.terranovacorp.com.