These popular stores just made their debut in downtown Miami area. And there’s more
The downtown Miami area now has its first Target store.
The big-box retailer, along with other stores, opened in October at Sawyer’s Walk, a new shopping and affordable apartment complex in Overtown.
Burlington, Five Below and an Aldi supermarket also opened in October and November. Ross Dress for Less should be ready for customers by March.
“The new stores are already performing very well, with Target being ahead of what it projected,” Michael Swerdlow, the project’s developer, said in a statement to the Miami Herald.
Swerdlow Group and partners formed SG Holdings to bring the 3.4-acre, mixed-use development to 249 NW Sixth St., just east of Interstate 95. The 1.5 million-square-foot project broke ground a little over three years ago.
Sawyer’s Walk is one of several projects the Coconut Grove-based developer plans around surrounding neighborhoods to bring thousands of affordable and workforce apartments and big-box stores to the urban core.
Apartments at Sawyer’s Walk, marketed as affordable senior living, are priced according to income. Monthly rent ranges from $795 for a studio to $1,786-$2,042 for a two-bedroom, depending on median household income, according to Miami-Dade County.
At Sawyer’s Walk, 578 of these residential units opened this summer, perched above the Target. In additition to the stores, the development also includes a public plaza and office space.
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Opening dates
▪ Target opened its 50,000-square-foot store on Oct. 13. The opening is part of the department chain’s growth in the Miami area, which includes the new Target at Grove Central in the spring. Target opened another urban core store a decade ago in the Midtown Miami complex, near Wynwood.
▪ Burlington opened its 38,000-square-foot store on Oct. 18. Burlington also opened a new store in October at The Westchester Shopping Center in the former Valsan space at 8508 SW 24th St. in West-Miami-Dade.
▪ Five Below opened its 10,000-square-foot store on Nov. 5. Five Below also opened a new 12,000-square-foot store in November at 230 Lincoln Road in South Beach.
▪ Aldi opened its 25,000 square-foot supermarket on Nov. 11. Aldi has another location about nine miles north at 1290 NE 108th St., near North Miami.
▪ Ross Dress for Less will open a 26,000-square-foot store in March 2025.
Swerdlow said the tenant and resident mix is vital as housing and affordability proves ever out of reach of the average Miami resident struggling with soaring condo fees and spiraling single-family home costs.
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“Since we conceived the project and broke ground on Sawyer’s Walk, we always envisioned having robust retail offerings to serve the broader community,” Swerdlow said. “With the phased opening of our retailers over the coming weeks and months, we are proud to continue to witness the incredible economic and civic impact the delivery of Sawyer’s Walk is having in the community at a critical time when Miami faces a housing and affordability crisis.”
In addition to the new box stores and the Aldi, there’s a 3-year-old Publix across the street in the recent 3 Miami Central project that was developed by Brightline in 2020 at 601 NW Second Ave. in Overtown.
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This story was originally published November 13, 2024 at 12:10 PM.