Fortune | Miami real estate and preconstruction news
March, 26 2012

Miami, FL: MIDTOWN 2 - Another Opportunity offered Fortune Development, now selling with prices starting close to 200 dollars per foot Residences from 199,900
Midtown is the talk of town, located blocks from the 10 billion dollar mile and next to the Miami Design District. Plans are quickly exploding to turn Miami¹s Design District into our most fashionable destination. Louis Vuitton and Hermès were among the first to announce plans last year to close stores at the Bal Harbour Shops and move to the Miami Design District. More than two dozen luxury retailers like Fendi, Zegna and Bulgari are on the way. Now, developer Craig Robins has confirmed the long-anticipated deal with parent company Louis Vuitton Moët Hennessy to bring another 11 brands beyond its namesake company to the burgeoning area on the northern fringes of downtown Miami. They include Christian Dior, Fendi, Bulgari, Pucci, De Beers, Celine and Marc by Marc Jacobs. Robins also officially announced the opening of Cartier, which will be one of 10 Richemont brands opening in the Design District. Other new tenants: Tom Ford, Zegna and Burberry, according to Robins. Louis Vuitton, Christian Dior, Hermès, Celine, Pucci and Cartier are all expected to open at least temporary locations in the Design District by the end of this year. By 2014 Robins expects to have between 40 and 50 luxury retail brands, representing nearly 400,000 square feet of shopping space spread throughout the neighborhood . The effort is creating a Miami version of New York¹s SoHo or Meat Packing District.
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