Miami’s Design District is set to add Gucci and a high-end Cuban restaurant by Emilio and Gloria Estefan, among other tenants, to its open-air, luxury-shopping hub.
“Gucci is a big step forward for us in the luxury category,” said Design District developer Craig Robins, whose partners on the still-under-construction area include L Real Estate, General Growth Partners and Ashkenazy Acquisition. “It’s a real tipping point and a statement about our progress.”
Gucci is set to open a flagship, 7,000-square-foot store in 2017.
“Gucci has always represented great design and contemporary lifestyle,” Gucci president and CEO Marco Bizzarri said in a statement. “We want to be where collectors, style influencers and cultural creatives come together, and in Miami that’s the Design District.”
Other new locations include Alexander Wang, Eres, Warby Parker, Cos, The Smile, Ahana Yoga Studio and Estefan Kitchen.
“We are honored to be the first Cuban restaurant opening in Miami’s Design District and to bring our culinary heritage to this world-class shopping, arts and entertainment destination,” said Emilio Estefan in a statement. “Estefan Kitchen will feature traditional, family recipes presented in a new, healthy way that will appeal to both locals and our international guests.”
The Estefans also have plans to open a branch at Miami International Airport.
A strong dollar and struggling economies abroad have hurt luxury retailers in Miami over the past year. Tourists aren’t buying what they used to. Still, developers across South Florida are pushing forward with major expansion plans. Last year, Robins announced the Design District would double the number of stores and restaurants.
It now has more than 60 shops open. The next phase of development will add roughly 250,000 square feet of retail space, bringing the total to nearly one million square feet, as well as a 120-room hotel and a 900-space parking garage, all set for completion in 2017.