As pioneers of Miami’s westward expansion, ComReal takes great pride in the development of Doral. We have been a steady presence in the area for nearly 40 years, and are thrilled to report on new projects that mark the continuing growth of the still-young city.
Last month, Miami-based development firm Shoma Group announced plans to add a 14,000 square foot food hall to their upcoming mixed-used project, Sanctuary at Doral. The 7.3 acre project is located along NW 41st Street and NW 94th Avenue, placing it in close proximity to the Federal Reserve System and the Doral operations center of international bank BANESCO, both of which properties were brokered by ComReal.
“ComReal has extensive background on NW 41st Street, the important Doral Boulevard,” said Steve Smith, Founder & CEO of ComReal. “These new projects are all key to the amazing growth of Doral itself as the most important live/work city in South Florida.”
Sanctuary at Doral will be comprised of two separate six-story apartment buildings that will offer 226 units, as well as 27,000 square feet of retail space. The new food hall will cost $4.5 million and will be completed by August 2020, along with the rest of the buildout. Directly across from the Sanctuary site is the Dade County corporate offices and production facilities for Univision, the international TV giant.
According to the Miami Herald, five vendors are already in negotiations to join the food hall project. Most are local, and all will feature gourmet options ranging from Japanese to Italian cuisine and more.
The project marks one of eight new food halls in the region. Just a few blocks away, the Doral Yard food hall is already thriving—yet another sign of the bright future for this important region of Miami.
As your local area experts, ComReal is thrilled to see these and other exciting projects come to life. Contact us today for any of your South Florida commercial real estate needs.