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Is Lincoln Road Retail Cooling Off?

From Kendall to Downtown Miami to Brickell and beyond, the region’s retail landscape is performing stronger than most metros in the United States. But what about the high-tourism areas?

Rafael Romero, vice president with CREC’s Retail Division Rafael Romero, vice president with CREC’s Retail Division

MIAMI—South Florida’s retail landscape just keeps getting hotter. From Kendall to Downtown Miami to Brickell and beyond, the region’s retail landscape is performing stronger than most metros in the United States and shows no signs of slowing down in the near term.

“This year promises to deliver continued growth for South Florida’s retail landscape,” Rafael Romero, vice president with CREC’s Retail Division, tells GlobeSt.com. “At the forefront will be the further development of destination, ‘live-work-play’ retail projects. The dynamic mix of these lifestyle properties, drawing a stronger demand for enhanced fitness, entertainment and dining options within one project, eliminates the need for consumers to travel outside a given submarket to find unique experiences.”

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Jennifer LeClaire

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