For Miami Beach’s 100th Birthday, Lincoln Road is Getting a Facelift

January 13, 2016 – Some major upgrades may be underway for Lincoln Road, one of the world’s most popular streets. A master plan is set in place with the specifics on how to breathe new life into the 8-block landmark and create a more updated and sociable area. A wave of redevelopment is sweeping through Miami Beach not long after celebrating its centennial this past year. 100 years of wear and tear has taken a toll on Miami’s beloved beach community. Plans to spruce up the surrounding area began with the approval for the Miami Beach Convention Center’s renovation and have since spread to the surrounding areas who don’t want to fall behind during this period of renewal. Following the convention center’s lead, Lincoln Road has plans for a facelift to brighten up the exhausted, gray strip. James Corner Field Operations, the landscape artist in charge of the High Line in New York as well as the Underline here in Miami, has been commissioned for the task of refreshing Lincoln Road. The redevelopment encompasses the idea to create a more open, welcoming space that makes it easier for visitors to navigate and interact with its features. This will make the street more uniform throughout while at the same time keeping original iconic features. The plan facilitates the addition of performance areas, less cluttered sidewalks, new public art exhibition space, and several interactive and modern water features.

Artist Rendering - Courtesy of James Corner Field Operations

Artist Rendering – Courtesy of James Corner Field Operations

 

Artist Rendering - Courtesy of James Corner Field Operations

Artist Rendering – Courtesy of James Corner Field Operations

 

Artist Rendering - Courtesy of James Corner Field Operations

Artist Rendering – Courtesy of James Corner Field Operations

Gateway Town Center Welcomes Wingstop Inc. to Norwood

MIAMI BEACH, FL – January 11, 2016 – Terranova continuing its quest to bring new tenants to Jacksonville’s Gateway Town Center is spicing up their food scene with the arrival of Wingstop Inc., (WING).

Located at 5290-10 Norwood Avenue, this 1,639 square foot store will mark the 2nd location for this Wingstop franchisee.  Store is slated to open by Summer 2016.

“We are so excited to add Wingstop to our tenant mix at Gateway Town Center. Wingstop is among the fastest growing concepts in the nation right now and their arrival to Gateway is allowing us to continue to add much needed food uses to the center, like the Papa John’s store that opened this past November,” says Terranova’s Commercial Leasing Associate Karen Maerovitz who represented the landlord in the deal.  “Their new location will offer a speedy option for the over 400,400 bus passengers passing through allowing them to grab a quick and tasty bite on the way to their next destination.”

Wingstop Inc. was founded in 1994 with a goal to not only serve the world’s greatest chicken wings, but to more importantly take them through a flavor experience. In 1997 they expanded their business to franchising and now operate more than 800 locations throughout the world.

Wingstop joins our ever growing tenant line up of Publix, YouFit Health Club, Subway, Papa Johns, Foot Locker, Hibbett Sports, DTLR and many more. For more information on how you can join Gateway Town Center, please contact commercial associate Karen Maerovitz at 305-695-8700.

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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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Renovations To The City Beautiful Coming in The Near Future

December 10, 2015 – With all the redevelopments going on in Miami, Coral Gables is following suit and giving some of its famous streets a well-deserved makeover. The City Beautiful has long been a picturesque city with historical charm radiating from its architecture, antique fountains, and ambiance that have been preserved to maintain its quaint allure. Even with the cities best effort to maintain the area, decades of use have worn out their once prized streets. In an effort to revitalize the sleepy city jewel a New York-based architecture and urban design company, Cooper, Robertson & Partners, has been commissioned to redevelop the area to a more picturesque representation of George Merrick’s original plans of a subtropical Mediterranean Eden. The project encompasses improvements being made to both Miracle Mile and Giralda Avenue in the heart of Downtown Coral Gables. The plans for Miracle Mile’s redevelopment include changing parking spaces to parallel which will allow a widening of the sidewalks from 15 feet to about 23. This will facilitate spill out seating for restaurants on the Mile as well as outdoor displays for shops. As for Giralda, the city plans to install retractable bollards which can be raised to block traffic for special occasions or events. As a clever alternative to lampposts and their harsh lighting they plan to set up a canopy of strung lights which will appear like a starry night above visitors. In addition to the aesthetic appeal, the project will also fix some long standing issues such as the cities drainage which has been a concern for some time now. Both streets will be receiving the addition of much needed greenery to give them the appearance of a long linear park. The plans will refresh the area and return the Mile to its former glory, once again driving foot traffic to the heart of the City Beautiful.