CVS Pharmacy Coming to Marina Blue in Park West
It appears that a big change is on the horizon for Park West. This weekend, I was told by three independent sources that a CVS Pharmacy will be opening next year at Marina Blue. The pharmacy chain has signed a lease to occupy a big chunk of the building’s street level retail space which currently consists of four separate commercial units, three of which are tenant-occupied at this time. According to one of my sources, in order to make way for CVS Pharmacy, the three tenants (a nail salon, restaurant, and real estate office) will be vacated by November 1st; the tenants received notices about six months ago when the commercial spaces were placed under contract by a recent buyer for an undisclosed amount. As a result of these dealings, the restaurant tenant, Elia’s Gourmet, which has been a long-time commercial tenant at Marina Blue, will be relocating to a larger space along the north side of 900 Biscayne Bay.
Given that there’s already a CVS Pharmacy just six blocks south of Marina Blue at Vizcayne, the choice of locations is a bit peculiar, but not completely surprising. After all, Marina Blue is located catty-corner from the American Airlines Arena, so the new CVS Pharmacy should see a good amount of foot traffic come its way as a result of Miami Heat basketball games, music concerts, and other events held at the stadium throughout the year.