Downtown Miami offers all of the amenities of a cosmopolitan city with an intimate neighborhood feel. Skyscrapers soar above palm trees in Miami’s metropolis, a walkable enclave where residents and tourists alike enjoy a vibrant urban experience. Downtown Miami is a residential and retail center where restaurants, galleries, museums, shops, and parks are in close proximity to condominiums and apartments. From fine dining to the weekend Farmer’s Market, Miami has innovative culinary options offering unique choices to please everyone’s palate. Miami’s magnetism goes far beyond its beautiful bay and river views—the city is a bustling business hub, home to the highest concentration of international banks and prime office space in Florida. Public transit keeps every stop in the destination close and accessible. Miami combines commerce, culture and tourism to create a dynamic cityscape unlike any other in the country.
2017 Greater Downtown Annual Residential Real Estate Report
Integra Realty Resources (IRR) provides an update of the Downtown Miami condo market. The 2016 report shows a return to a moderate pace of development which reflects the strong U.S. dollar, a tightening lending environment, and the belief among developers that absorption will remain level for the foreseeable future. For further information on the complete report, please click here.
2015 Downtown Miami Office Market Overview
The Office Market Study, conducted by Lambert Advisory, updates the Miami DDA’s comprehensive overview of the downtown Miami office market through the end of 2015. The report discusses lease rates, absorption, deal-size, and the continued growth of co-working options in the market. For the complete report, please click here.
2016 Greater Downtown Miami Study of Retail Conditions
The 2016 Miami DDA report projects downtown will welcome 1.4 million square feet of retail space over the next 3 years -- marking a 22% increase in leasable retail -- as current retail sales hit $500 per square foot and the surging population growth drives demand. To download the full report, please click here. You can also download the infographic for the report by clicking here.
For other archived Reports, Click here.
The Miami DDA Research/GIS team published an interactive map of the development pipeline, showcasing the core of Downtown Miami from Brickell through the CBD into the Arts & Entertainment District. The interactive map illustrates the current skyline and adds new, distinctive projects from the development pipeline. To view the 2D map, please click here. To utilize the 3D model feature, please click here.
For a map listing all the Downtown Miami office buildings, please Click here.
Co-working Spaces lease right-size portions to individuals and companies. They also provide additional services such as internet, telephones, kitchen and reception service. Co-working spaces typically offer all the convenience of executive office services - often with smaller space options - and encourage community through shared programming, advocacy, events, and networking. To download a list co-working spaces in Downtown Miami click here.
If you have any questions, please contact the DDA directly at (305) 579-6675 and ask for a member of the Business Development Team.