Miami Design District

Location

Estimated Gross Rent

$300-$400 PSF

Most Desirable Block(s)

NE 39th Street between NE 1st Ave and NE 2nd Ave; NE 40th Street between NE 1st Ave and NE 2nd Ave; NE 41st Street between NE 1st Ave and NE 2nd Ave;

Location

Miami, FL, USA

Estimated Gross Rent

$300-$400 PSF

Most Desirable Block(s)

NE 39th Street between NE 1st Ave and NE 2nd Ave; NE 40th Street between NE 1st Ave and NE 2nd Ave; NE 41st Street between NE 1st Ave and NE 2nd Ave;

Description

The Pinnacle of Luxury and Innovation—Where Go-Getters Push Boundaries and Shape Global Trends

The Miami Design District (MDD) is a vision board where fashion, art, and luxury collide to possibly redefine what’s next. Once a hidden gem among interior designers, the area has slowly transformed into

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street Details

Annual foot traffic

500,000 people/year

Daily vehicle traffic

15,000 vehicles/day

Population

25,000 people within

Day time population

35,000 people within

Household income (median)

$75,000.00 annually

Age (average)

> 35 years old within

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Available Spaces

Sample Space 1

1000 SF

Suitable for retail, restaurant, office

Sample Space 2

1500 SF

Suitable for retail, restaurant, office

Sample Space 3

2000 SF

Suitable for retail, restaurant, office

News & Alerts

0 of 0

Teyo unveils flagship showroom in Miami's Design District

8 months ago

Valentino opens new elevated boutique in Miami’s Design District

9 months ago

Armina Stone opens upscale showroom in Miami Design District

9 months ago

Manolo Blahnik store to open in Miami Design District by March

9 months ago

Fendi Reopens After Renovation

10 months ago

Thom Sweeney to Open Boutique in Miami Design District

11 months ago

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Local Experts

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Brokers Active on Miami Design District

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Local Expert Analysis

Retail Leasing and Market Dynamics Retail leasing in the Design District is booming, with gross rents ranging from $300 to $400 per square foot, a testament to the area’s prestige. Low vacancy rates, under 5%, reflect the demand, driven by a steady influx of affluent locals, young professionals, and international tourists. The vision of the district’s main developer, Craig Robins, has been to create a dynamic balance of art, fashion, and luxury—all set against an architecturally significant backdrop. Notable additions include Diesel’s Miami flagship, renowned for its bold, industrial design, and Golden Goose’s “Forward Store,” which emphasizes sustainability through its "Repair, Remake, Resell, Recycle" concept, keeping the Design District ahead of the curve. Customer Demographics and Foot Traffic The Miami Design District caters to a sophisticated clientele—affluent shoppers, art lovers, and international tourists who flock to its streets year-round. Foot traffic peaks during Miami’s key cultural events, including Art Basel and Formula One, ensuring a steady flow of visitors, particularly during the winter months. While summer sees a slight dip as Miami’s wealthy residents vacation elsewhere. Future Trends The Miami Design District’s outlook is as bright as ever, with sustained leasing momentum anticipated over the next 12 months. The expansion west of NE 1st Avenue is set to diversify the tenant mix, adding both high-end and accessible brands to cater to an even wider range of tastes. Expect more experiential retail concepts that blend shopping with art, food, and tech—aligning with global trends and cementing the district’s role as a global tastemaker. Conclusion The Miami Design District stands out not just as Miami’s top luxury retail destination but as a showcase spot where next year’s art, fashion, and dining come to show their bonafides. With a strong tenant mix, low vacancy rates, and a focus on continuous development, the district is well-positioned to shape the future of luxury in South Florida. It’s a launchpad for brands looking to break into the luxury world, and Miami’s art scene.

Retail Leasing and Market Dynamics

Retail leasing in the Design District is booming, with gross rents ranging from $300 to $400 per square foot, a testament to the area’s prestige. Low vacancy rates, under 5%, reflect the demand, driven by a steady influx of affluent locals, young professionals, and international tourists. The vision of the district’s main developer, Craig Robins, has been to create a dynamic balance of art, fashion, and luxury—all set against an architecturally significant backdrop. Notable additions include Diesel’s Miami flagship, renowned for its bold, industrial design, and Golden Goose’s “Forward Store,” which emphasizes sustainability through its "Repair, Remake, Res

New Developments

Recent and Upcoming Developments The district continues to evolve, introducing new experiences and expanding its footprint. The recently opened Moore, a members-only club with significant event space, is set to become a cornerstone of the district’s social scene. Meanwhile, a western expansion is underway, adding residential, office, and hotel spaces to create a more integrated urban environment. This development is expected to bring more approachable retail and dining options, broadening the district’s appeal while maintaining its luxurious edge. Upcoming projects also include collaborations with contemporary artists, immersive events, and exclusive pop-ups.