Miami Retail - Major Markets Report

MIAMI-DADE Retail Drivers

Cool Streets / Shopping Areas Cool Streets, like Miami’s Wynwood submarket are emerging urban retail markets or neighborhoods where the catalyst from growth has been an influx of millennial customers. Often these neighborhoods undergo varying degrees of gentrification. Being “cool” means that the timeline and evolution of these neighborhoods are short as attention shifts to more cutting edge neighborhoods.

These areas succeed in Miami because they create a curated and personalized shopping experience for local customers.

10 | 2017 MIAMI RETAIL Major Markets Report

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