Business

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.

Sawyer’s Walk development has opened 578 residential units, a public plaza and a new Target, Burlington, Five Below and Aldi supermarket at 249 NW Sixth St. in Miami’s Overtown community as of November 2024. A Ross Dress for Less store is next in March 2025.
Sawyer’s Walk development has opened 578 residential units, a public plaza and a new Target, Burlington, Five Below and Aldi supermarket at 249 NW Sixth St. in Miami’s Overtown community as of November 2024. A Ross Dress for Less store is next in March 2025. Schwartz Media Strategies

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.

KNOW MORE: Massive Miami makeover? 5,000 affordable apartments proposed for aging industrial area

Opening dates

Sawyer’s Walk development has opened 578 residential units, a public plaza and a new Target, Burlington, Five Below and Aldi supermarket at 249 NW Sixth St. in Miami’s Overtown community as of November 2024. A Ross Dress for Less store is next in March 2025.
Sawyer’s Walk development has opened 578 residential units, a public plaza and a new Target, Burlington, Five Below and Aldi supermarket at 249 NW Sixth St. in Miami’s Overtown community as of November 2024. A Ross Dress for Less store is next in March 2025. Schwartz Media Strategies

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.

Shoppers line up to pay for purchases at the Burlington clothing store inside Midway Crossings mall on May 30, 2024.
Shoppers line up to pay for purchases at the Burlington clothing store inside Midway Crossings mall on May 30, 2024. Howard Cohen hcohen@miamiherald.com

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.

KNOW MORE: Miami condo sales take a new hit, but prices are higher. Here’s what market looks like

“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.

MORE: It’s a new day in old Overtown. Miami’s original Black district is making a comeback

A view of a resurgent Northeast Second Avenue in the heart of Miami’s Overtown neighborhood in April 2021, with the Plaza at the Lyric apartments at left and the new Red Rooster restaurant in the background at right.
A view of a resurgent Northeast Second Avenue in the heart of Miami’s Overtown neighborhood in April 2021, with the Plaza at the Lyric apartments at left and the new Red Rooster restaurant in the background at right. Pedro Portal pportal@miamiherald.com
Block 55 at Sawyer’s Walk is a new venue coming to Miami’s Overtown community. This Block 55 map shows its proximity to other downtown Miami area landmarks like Bayside and Bayfront Park and the Arsht Center.
Block 55 at Sawyer’s Walk is a new venue coming to Miami’s Overtown community. This Block 55 map shows its proximity to other downtown Miami area landmarks like Bayside and Bayfront Park and the Arsht Center. Block 55

This story was originally published November 13, 2024 at 12:10 PM.

Follow More of Our Reporting on City of Miami

Related Stories from Miami Herald
Howard Cohen
Miami Herald
Miami Herald consumer trends reporter Howard Cohen, a 2017 Media Excellence Awards winner, has covered pop music, theater, health and fitness, obituaries, municipal government, breaking news and general assignment. He started his career in the Features department at the Miami Herald in 1991. Cohen is an adjunct professor at the University of Miami School of Communication. Support my work with a digital subscription
Get unlimited digital access
#ReadLocal

Try 1 month for $1

CLAIM OFFER