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3635 NE 1st Avenue, Miami, FL 33137: Miami's Destination For Retail, Restaurants and Home Furnishings

District 36 is a mixed-use development located in Miami, Florida along NE 36th Street between North East 1st Avenue and North East 1st Court. It will include retail, restaurants, home furnishings showrooms, and office space. There will be approximately 100 parking spaces on each of the third and fourth floors. The development aims to connect nearby neighborhoods like the Design District, Midtown, Wynwood, and Edgewater which are experiencing rapid growth in residential and commercial development. The primary and total trade areas that District 36 aims to serve are described in detail, including population and income statistics.

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0% found this document useful (0 votes)
2K views26 pages

3635 NE 1st Avenue, Miami, FL 33137: Miami's Destination For Retail, Restaurants and Home Furnishings

District 36 is a mixed-use development located in Miami, Florida along NE 36th Street between North East 1st Avenue and North East 1st Court. It will include retail, restaurants, home furnishings showrooms, and office space. There will be approximately 100 parking spaces on each of the third and fourth floors. The development aims to connect nearby neighborhoods like the Design District, Midtown, Wynwood, and Edgewater which are experiencing rapid growth in residential and commercial development. The primary and total trade areas that District 36 aims to serve are described in detail, including population and income statistics.

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© © All Rights Reserved
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DISTRICT 36

Miamis destination for retail, restaurants and home furnishings

CONNECTING THE DISTRICTS | SHOWROOM | RETAIL | RESTAURANT/CAFE | ON-SITE PARKING | HIGHWAY EXPOSURE

3635 NE 1st Avenue, Miami, FL 33137


Entire block front on 36th Street from North East 1st Avenue to North East 1st Court

DESIGN DISTRICT

M I A M I I N T E R N AT I O N A L
AIRPORT

DISTRICT 36

M I A M I B E AC H

M I A M I F LO R I DA
D O W N TO W N

DESIGN DISTRICT
FORT
L AU D E R DA L E

DISTRICT 36

DISTRICT 36

M I A M I B E AC H
AIRPORT

D O W N TO W N
M I DTO W N

SITE AERIAL

DISTRICT 36
ELEVATION

DISTRICT 36
ELEVATION

DISTRICT 36

DISTRICT 36
GROUND FLOOR

DISTRICT 36
SECOND FLOOR

DISTRICT 36

INTERSTATE 195

N.E. 1ST COURT

N.E. 1ST AVENUE

THIRD & FOURTH FLOOR


PARKING

APPROXIMATELY 100 SPACES PER FLOOR

N.E. 36TH STREET

DISTRICT 36

AREA PARKING GARAGES


At the corner of NE 41st Street and NE 1st Avenue approximately 830 structured parking spaces.
At the corner of NE 38th Street and NE 1st Avenue 560 parking spaces.
At each end of NE 1st Avenue there will be two large
iconic parking structures that will further distinguish
the Miami Design District.
These two parking areas will also represent the
largest concentration of car access in the district.
77

In Midtown, just across from the District 36 site there


are 2,500 parking spaces available.
District 36 site will include 198 parking spaces.
Valet Parking Available at multiple locations.

2500

EXISTING PARKING - 2,997


PROPOSED NEW PARKING - 2,154

68

URBAN SOLUTIONS
CREATING THE CONNECTIVITY

EXISTING ENVIRONMENT

PROPOSED ENVIRONMENT

The Neighborhood
Primary Trade Area Boundaries:
Total Trade Area
Primary Trade Area

North to NE 107th Street (Miami Shores) and


72nd Street (Miami Beach)
East to the Atlantic Ocean
South to the Miami River
West to Interstate 95

Total Trade Area Boundaries:


North to NE 163rd Street (North Miami) and
Sunny Isles
East to the Atlantic Ocean
South to SW 7th Street (Miami) and Grand
Avenue (Coconut Grove)
West to Interstate 95 and South Douglas
Road

Characteristics

Primary Trade Area

Total Trade Area

2014 Population

184,670

464,639

2019 Population

202,004

506,836

Avg. HHold Income


2014

2019

Primary Trade Area

$63,218

$67,695

Total Trade Area

$61,886

$66,654

Design District
DACRA is moving forward with an ambitious scheme to create a pedestrian only outdoor promenade in the Design District. This
development will be lined with ultra luxury fashion shops, dotted with cafes and tree-shaded public plazas to encourage an active streetscape. DACRA announced plans to develop this project with an urban, yet environmentally conscious theme, which features landscaped
green roofs and mature shade trees. The development includes a four block pedestrian promenade anchored by two department
stores through the heart of the compact neighborhood from NE 38th to 42nd Streets between North Miami Avenue and NE 2nd Avenue.
This project will include extensive renovations to existing structures, and 540,000 square feet of new construction encircling the 30-footwide pedestrian mall.

Image source: www.miamidesigndistrict.net

Image source: www.miamidesigndistrict.net

Image source: http://lifeandtimes.com

Image source: www.miamidesigndistrict.net

Midtown Miami
More than just a place to live and work, Midtown Miami brings the surrounding artistry and cultural appeal to the
neighborhood. Midtown is the citys premier destination to experience the ultimate urban lifestyle where you can
live, work, shop, eat, drink and play. This $2.3 billion vision of urban development offers a contemporary array
of restaurants, boutiques, shops, offices, residential towers, art galleries, and green spaces.
The vision is quickly becoming a reality, with Phase 1s $1.3 billion of improvements complete, including 3
residential towers, entertainment, retail, and office spaces.

Image source: Midtown Miami

Image source: Midtown Miami

Image source: Midtown Miami

Image source: Midtown Miami

Image source: Midtown Miami

Shops of Midtown
The Shops at Midtown Miami is
located on the corner of NE 36th Street
and North Miami Avenue, just North of
Downtown Miami and South of the Miami
Design District. The Shops occupy 26
acres of urban space in the midst of
Miamis Art District and it is just minutes
from Downtown. The 645,000 square foot
shopping center consists of three blocks
- each with its own architectural flair and
a blend of value retail and local highend offerings. In addition to a number of
specialty shops, restaurants, and lifestyle
retailers, the center offers consumers
national anchors including:
Target: 141,114 SF
Ross: 35,324 SF
Sports Authority: 34,544 SF
Marshalls: 32,062 SF
Loehmanns: 30,964 SF
West Elm: 25,764 SF
HomeGoods: 25,182 SF
PetSmart: 19,607 SF
Party City: 10,830 SF
Theres several residential towers planned
for this area including:
Hyde Hotel & Residences - 440 Units
Midtown 5 - 400 Units
Six - 400 units

Miami Beach
Sunset Islands

Edgewater

Design District
Midtown Shops and
Residences

Wynwood
The Wynwood Arts District is one of the largest in Miami and most prominent creative
communities in the United States, the epicenter of the arts and creative businesses.
The neighborhood is bound by 36th Street to the North, NW 20th Street to the South,
I-95 to the West and North Miami Avenue to the East. Wynwood was once an area of
abandoned warehouses, factories, and wholesale outlets but has undergone significant
revitalization. Wynwood is home to over 70 art galleries, 4 art museums, major studios,
retail stores, antique shops, eclectic bars and many restaurants, recently ranked by
Forbes Magazine as one of Americas Best Hipster Neighborhoods and has become a
go-to place for locals seeking an alternative and more cultural night life. The Wynwood Art
Walk opens Wynwood art galleries to the public every second Saturday of each month
from 6pm to 10pm and extending throughout the night. Each gallery offers exhibitions,
entertainment, and refreshments. Thousands of people walk from gallery to gallery along
NW 2nd Avenue to enjoy the live music, street vendors, and art culture.

Image source: thewynwoodwalls.com

Image source: designdistrictexperience.com

WYNWOOD WALLS IS
ONE OF THE LARGEST
COMMISSIONED MURALS IN
THE WORLD

Image source: thewynwoodwalls.com

Edgewater
Edgewater is a neighborhood in Miami, Florida,
United States, located north of Downtown and
Omni, and South of the Upper East Side. It roughly
bound by North 17th Street to the South, North 37th
Street to the North, the Florida East Coast Railway
and East First Avenue to the West and Biscayne
Bay to the East.
Edgewater is primarily a residential neighborhood,
with many historic early 20th century homes.
The neighborhood has many high-rise residential
towers to the East along Biscayne Bay, and historic
homes elsewhere in the neighborhood. Since
2000, the area has grown in popularity, due to its
proximity to Downtown and neighborhoods such
as the Design District. Recent developments in
the neighborhood have brought rapid urbanization
to the area, with the construction of high-rise and
mid-rise residential buildings, and more retail.

Image source: www.archdaily.com

Proposed Towers to name a few:


1.
2.
3.
4.
5.
6.
7.
8.
9.

Baltus House - 167 Units


Bay House - 165 Units
Chelsea Tower - 222 Units
Crimson Residences - 90 Units
M Bay - 129 Units
Icon Bay - 299 Units
Biscayne Beach - 400 Units
Paraiso Bay - 2,000 Units
ION - 328 Units
Image source: commons.wikimedia.org

Image source: commons.wikimedia.org

DISTRICT 36
Consumer Profiles - Primary Trade Area
Urban Achievers

Multi-Culti Mosaic

Low Rise Living

Bohemian Mix

Urban Elders

Concentrated in the nations


port cities, Urban Achievers is
often the first stop for up-andcoming immigrants from Asia,
South America, and Europe.
These young singles, couples,
and families are typically collegeeducated and ethnically diverse:
about a third are foreign-born, and
even more speak a language other
than English.

An immigrant gateway community,


Multi-Culti Mosaic is the urban
home for a mixed populace of
younger Hispanic, Asian and
African-American singles and
families. With nearly a quarter
of the residents foreign born,
this segment is a mecca for firstgeneration Americans who are
striving to improve their lowermiddle-class status.

The most economically challenged


urban segment, Low-Rise Living
is known as a transient world for
middle age, ethnically diverse
singles and single parents. Home
values are low--about half the
national average--and even then
less than a quarter of residents can
afford to own real estate. Typically,
the commercial base of Mom-andPop stores is struggling and in
need of a renaissance.

A collection of mobile urbanites,


Bohemian Mix represents the
nations most liberal lifestyles. Its
residents are an ethnically diverse,
progressive mix of young singles,
couples, and families ranging from
students to professionals. In their
funky row houses and apartments,
Bohemian Mixers are the early
adopters who are quick to check
out the latest movie, nightclub,
laptop, and microbrew.

For Urban Elders -a segment


located
in
the
downtown
neighborhoods of such metros as
New York, Chicago, Las Vegas and
Miami- life is often an economic
struggle. These communities have
high concentrations of Hispanics
and African-Americans, and tend
to be downscale, with singles living
in older apartment rentals.

DISTRICT 36
Consumer Profiles - Total Trade Area
Multi-Culti Mosaic

Urban Achievers

City Roots

Urban Elders

Bohemian Mix

Close-In Couples

An immigrant gateway community,


Multi-Culti Mosaic is the urban
home for a mixed populace of
younger Hispanic, Asian and
African-American singles and
families. With nearly a quarter
of the residents foreign born,
this segment is a mecca for firstgeneration Americans who are
striving to improve their lowermiddle-class status.

Concentrated in the nations port


cities, Urban Achievers is often
the first stop for up-and-coming
immigrants from Asia, South
America, and Europe. These young
singles, couples, and families are
typically college-educated and
ethnically diverse: about a third are
foreign-born, and even more speak
a language other than English.

Found in urban neighborhoods,


City Roots is a segment of
downscale retirees, typically living
in older homes and duplexes theyve
owned for years. In these ethnically
diverse neighborhoods--more than
60 percent are African-American
or Hispanic--residents are often
widows or widowers living on fixed
incomes and maintaining low-key
lifestyles.

For Urban Elders -a segment


located
in
the
downtown
neighborhoods of such metros as
New York, Chicago, Las Vegas and
Miami- life is often an economic
struggle. These communities have
high concentrations of Hispanics
and African-Americans, and tend
to be downscale, with singles living
in older apartment rentals.

A collection of mobile urbanites,


Bohemian Mix represents the
nations most liberal lifestyles. Its
residents are an ethnically diverse,
progressive mix of young singles,
couples, and families ranging from
students to professionals. In their
funky row houses and apartments,
Bohemian Mixers are the early
adopters who are quick to check
out the latest movie, nightclub,
laptop, and microbrew.

Close-In Couples is a group of


predominantly older, ethnically
diverse couples living in older
homes in the urban neighborhoods
of mid-sized metros. High school
educated and empty nesting, these
mostly older residents typically
live in older city neighborhoods,
enjoying their retirements.

DISTRICT 36
Neighborhood Events

3635 NE 1st Avenue, Miami, FL 33137

Art Basel
The favorite winter meeting place for the international artworld. At the nexus of North America and
Latin America, this Art Basel show presents artwork from across the globe. Over 250 of the worlds
leading galleries participate, drawing over 70,000 visitors each year.
With miles of sandy beaches dotted with classic Art Deco architecture, world-class art museums,
and a glittering nightlife, Miami Beach ranks among Americas most iconic cities. During Art
Basel, it embraces the artworld with special exhibitions at museums and galleries across the city,
transforming the week into a dense and dynamic cultural event.
Leading galleries from North America, Latin America, Europe, Asia, and Africa show historical work
from the masters of Modern and contemporary art, as well as newly created pieces by emerging
stars. Paintings, sculptures, drawings, installations, photographs, films, and editioned works of the
highest quality are on display at the main exhibition hall, while ambitious artworks and performances
become part of the landscape at nearby beaches, Collins Park and SoundScape Park.

Design Miami/
Design Miami/ is the global forum for design. Each fair brings together the most influential collectors, gallerists, designers, curators and critics
from around the world in celebration of design culture and commerce. Occurring alongside the Art Basel fairs in Miami, USA each December, and
Basel Switzerland each June, Design Miami/ has become the premier venue for collecting, exhibiting, discussing and creating collectible design.
Design Miami/ is more than a marketplace for design, where the worlds top galleries gather to present museum-quality exhibitions of 20th and
21st century furniture, lighting and objets dart. Each show balances exclusive commercial opportunities with progressive cultural programming,
creating exciting collaborations with designers and design institutions, panels and lectures with luminaries from the worlds of design, architecture,
art and fashion, and unique commissions from the worlds top emerging and established designers and architects.
By continuously expanding and enriching its programming, Design Miami/ seeks to not only satisfy the demand for a high-end design fair, but
also to broaden awareness of modern and contemporary design, fuel the market for collectible design, and provide an exciting yet accessible
destination for collectors and enthusiasts alike.

Mack Real Estate Group


Mack Real Estate Group (MREG) was founded in 2013 by William, Richard, and Stephen Mack. MREG is a fully integrated owner /
operator / developer devoted to managing the Mack familys capital, institutional capital, and high net worth capital through direct and
partnership investments in real property, real estate debt, and related securities. MREGs principals have over a century of combined
global real estate investing experience. The MREG team has the talent, relationships, as well as the organizational depth and breadth
necessary to identify, analyze and execute on opportunities globally. MREG is headquartered in New York City.
With over 150 professionals at its parent and controlled subsidiaries, MREG directly owns or manages approximately 20 million
square feet of commercial real estate and real estate developments and has partnership interests in entities that control in excess of 60
million square feet. While the company is opportunistic and maintains a flexible approach to real estate investment, the current equity
investment focus is on urban multi-family development in high barrier-to-entry, major US urban markets.
The MREG team has extensive experience in retail and mixed-use development, including the development of Time Warner Center in
New York City, one of the most successful multi-level retail and mixed-use properties in the country. MREGs current development
pipeline includes approximately 5,000 units and 180,000 SF of urban in-fill retail across the country in markets such as NYC, Miami,
Los Angeles, Seattle, and Portland.

Wharton Equity Partners


WHARTON
EQUITY PARTNERS

Wharton Equity Partners, based in New York City, is a diversified private equity firm founded in 1987, which invests in real estate and
corporate opportunities. With respect to its real estate activities, the firm has deep experience in land acquisition and development,
the ownership and management of income producing properties, and the purchase of distressed debt. During its more than 25 year
history, Wharton has acquired and developed a wide array of residential projects. In addition, Wharton has been very successful in
land transactions. With an office in Miami, Wharton also has a strong presence in the market.

FOR
LEASING
INFORMATION

IRMA FIGUEROA
irma@comrascompany.com
MICHAEL COMRAS
michael@comrascompany.com
1261 20th Street at West Avenue
Miami Beach, Fl 33139
T. 305 532 0433
comrascompany.com

WHARTON
EQUITY PARTNERS

FOR
LEASING
INFORMATION

IRMA FIGUEROA
irma@comrascompany.com
MICHAEL COMRAS
michael@comrascompany.com
1261 20th Street at West Avenue
Miami Beach, Fl 33139
T. 305 532 0433
comrascompany.com

WHARTON
EQUITY PARTNERS

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