Coming Soon – Bayview Market in the Arts District of Miami

May 1, 2009 by Lucas Lechuga

Bayview Market

Earlier this week, the Miami Today News reported that construction is scheduled to begin on Bayview Market in the first quarter of 2010.  The commercial development will consist of up to 535,000 square feet of retail and office space and cost approximately $200M.  The 7.35 acre site will be located in the Arts District of Miami on the corner of NE 17 Street and NE Second Avenue and will include big-box retailers and a supermarket.

Bayview Market has been a highly anticipated commercial development in Miami and will be a great boon for the Arts District as well as Downtown.  Both neighborhoods currently lack quality retailers and a nice supermarket.  Lowe’s, the home improvement store, will act as one of the anchor stores at Bayview Market. It is estimated that the development should take about 18 months to complete.

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143 Comments on "Coming Soon – Bayview Market in the Arts District of Miami"


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Anonymous
Richard
7 years 2 months ago

It will be nice to have more shopping near downtown. A grocery store is long overdue. Put a WalMart on the other corner and it will be great. The Mid-Town (Target) is nice and the garage parking is a great design. The Omni shopping seems doubtful since people prefer more open space today. Now if they would run a train up those rusty tracks so customers didn’t need to drive it would be more urban.

Anonymous
Wild Bill
7 years 2 months ago

This is the Slum District, not the Arts District. This project will never happen. Midtown Miami is already failing.

Anonymous
Isabel
7 years 2 months ago

Wild Bill…MidTown is hardly failing in terms of the initial tenants. The only closure has been Linens & Things and that was part of a nationwide bankruptcy of the chain.

Now, have they been successful in leasing all of the space? No, of course not. But the initial phase has indeed been successful and is obviously weathering the current economy just fine.

Anonymous
Drew
7 years 2 months ago

Unless all the homeowners from Miami Beach decide to shop at Lowe’s, I doubt it make it in that location…empty condos don’t generate business neither do renters who have no right to perform any “home improvement.”

Anonymous
AJ
7 years 2 months ago
It is so friggin wierd coincidence. I have visited MCI after a long time and I have to find this post. Unbelievable coincidence. OK, today for the first time I went visiting Madison Condos and Park on Bay Apts in Park West. The views from the later are really nice. I was quite surprised. The location is not that bad. Next for the first time I went visiting Parc Lofts and the filling station. The parc Lofts valet is busily parking very expensive cars including a lamb. Snow White ladies and Gentlemen look as if they are about to go… Read more »
Anonymous
gables
7 years 2 months ago

the streetcar is a great idea. i mentioned this months ago. the entire brickell/biscayne stretch is perfect for a streetcar. will definitely make the downtown miami area more pedestrian/resident friendly.

Anonymous
Renter Tom
7 years 2 months ago

Seriously AJ, do write romance novels or something….it is getting a bit deep.

Anonymous
Drew
7 years 2 months ago

I am now thoroughly convinced that AJ is actually City of Miami District 2 Commissioner Marc Sarnoff…because I can think of no other person who could have such an agenda in shamelessly promoting the Pace Park area.

And WTF are “snow white ladies?” Christ.

Anonymous
Kramer
7 years 2 months ago

RT
LOL – “Its Getting A Bit DEEP”
AJ
1800 Club location is fine but your delusional to say Madison and Park On Bay location is not bad. And Park On Bay is nowhere near the bay.
And yeah wtf are snow white ladies and gentlemen?

Anonymous
moretroops
7 years 2 months ago

Remember that SNL ad for “Bad Idea Jeans”?

Anonymous
lara
7 years 2 months ago
IT is great that they are building it. IT is very much needed in the area. I hope the supermarket is going to be a good one. In re to Cynergi. I visited it in 2004- beginning of 2005. Due to the spike of prices I think that prices were around $300/sq.ft. I thought that it was too high considering emerging location but I looked at some developer’s lofts in the building and I loved them. IT was a real artistic nest. So if they can survive this dowturn eventually it can be a very attractive place. Unless it is… Read more »
Anonymous
7 years 2 months ago

aj/
have you been listening to the moody blues recently ?? tuesday afternoon ???

reminds me of the home depot the built on 23 rd st in nyc, it closed a while back+

Anonymous
7 years 2 months ago

i think aj ,means, miami was made with the snow white powder, snow white ladies is his code word,
he is realy communicating with his spymasters thru code, he is using this site to get his message out,

Anonymous
Un-Related
7 years 2 months ago
The “rabid dogs of reality” and going to take a hunk out of the cheerleaders’ asses! When it comes to Condos-R-Us (Corus) Bank, no news would have been good news! Dailoy Business Review: http://southflorida.bizjournals.com/southflorida/stories/2009/04/27/daily73.html?ed=2009-05-01&ana=e_du_pub Friday, May 1, 2009, 12:03pm EDT | Modified: Friday, May 1, 2009, 5:51pm Fla. condo lender Corus Bank warns of receivership South Florida Business Journal – by Brian Bandell Major South Florida condo lender Corus Bankshares warned that it could be the next to fail. The Chicago-based parent of Corus Bank said on Friday that federal regulators could place it into receivership or conservatorship as it… Read more »
Anonymous
Juan
7 years 2 months ago

Cynergi is totally foreclosed. The whole building is for sale

Anonymous
7 years 2 months ago

I heard yesterday that Cyerngi is under contract for $8.5M with a few back-up offers. 4 units closed. The remaining 96 units are now under contract as well as a 6,600 square foot commercial space. It works out to about $88 per square foot.

Anonymous
Wild Bill
7 years 2 months ago

The downtown Miami area needs another 10,000 residential units to make all this retail space work. Not going to happen. When I mentioned Midtown as a failure I was thinking of the original plans compared to what is their now. Linens-n-Things and Circuit City spaces are now empty. National retailers are closing under performing stores. Miami is an under performing city. These retailers don’t open stores because a few people in new condos want or need them. They have to do studies of the entire surrounding areas. Remember my six block rule.

Anonymous
Joe on the go
7 years 2 months ago

DREW …..is AJ talking about “COCAINE” is that what snow white ladies means???What is all this coming to???

Anonymous
jcrimes
7 years 2 months ago
isabel – two of the anchor tenants are bust with nobody coming in to fill that space ANYTIME soon. west elm…i wouldn’t be surprised if it folds up shop as well. aside from the commercial space, half of the residential project has been scrapped, with no chance of it going forward for at least another five years. i hardly consider midtown to be what it was originally planned (not to mention, will they ever get rid of the damn railroad tracks running alongside the project? it’s a dump) aj – i’ve always been a fan of parclofts although i think… Read more »
Anonymous
jcrimes
7 years 2 months ago

i meant to say “houston on the atlantic”

Anonymous
Un-Related
7 years 2 months ago
Lucas said: “I heard yesterday that Cyerngi is under contract for $8.5M with a few back-up offers. 4 units closed. The remaining 96 units are now under contract as well as a 6,600 square foot commercial space. It works out to about $88 per square foot.” Well, Big Gorge has now put 500 Brickell in the sewer and has passed on having his vulture fund buying up the units all of us “speculators” walked (read: RAN) away from. Related has now officially waded into the low-end of the market with a “high-end” (at least that is the Kool-Aid RCRS was… Read more »
Anonymous
BMW M3
7 years 2 months ago

Hahahaha! Snow white ladies!?

I tried to negotiate with the agent at icon but they will not drop the rent. They claim the units are filling up fast. 18% rented. No negotiation with jorge…

I passed. Too condescending for my tastes.

Anonymous
jcrimes
7 years 2 months ago

BMW
what were they asking? i heard 2 large for a small one bedroom.

regardless the rental income doesn’t cover the monthly nut on the loan and certainly not the balloon. not to mention, the hotel aspect of the loan can’t be “rented”…and that space ain’t getting sold anytime soon.

Anonymous
AJ
7 years 2 months ago
Finally visited the Midtown Buildings. I always loved Midtown and its open air Mall and pedestrian roads. If I was not such a sucker for being at the water front and have unrestricted waterviews, I would have lived in Midtown. OK, I like the Mid block but it is not for sale. So I looked at Midtown 4 (I already saw M2 last year). The 7th floor pool deck looks great. The views are nothing to sneeze at. The gym is so so. I liked the lobby very much. The sales guy then takes me around, shows me the only… Read more »
Anonymous
7 years 2 months ago

wild bill, its true its an underperforming city but retailers sometimes tend to open stores in areas =which anybody with common sense knows they wont make $, and then they stay open for several years…..so they could get tenants, although with credit so tight and job losses , etc…….it looks like a long shot……theres going to be alot of banks closing branches all over the place as well…………

anybody ever been inside the bank 81 st and us 1 ???

Anonymous
7 years 2 months ago

corus bank stock is 30 cents hello !!! put a fork in it

Anonymous
jcrimes
7 years 2 months ago

AJ
if you believe what he’s shoveling…come on. those people that signed a lease to own would be stupid to buy at a price they went to contract at a year ago…six months ago…o even three months ago. just look at the prices in mid2 where real unit closings occurred (did you ask the sales guy how many actual buyers closed in mid4?). huge dropoff.

as for cynergi…no f$%king way. unless you’re prepared to live there for ten years and don’t mind driving all the time to places where there are actually things to do.

Anonymous
jcrimes
7 years 2 months ago

the bank is nice but in the middle of nowhere.

Anonymous
7 years 2 months ago

yeah but you could rent it out pretty easy i bet ??? and maybe get a unit for 100 ish ??

Anonymous
Richard
7 years 2 months ago

Mid Town will be great by 2015 so the Bank on 81st should be great by 2030??? What happened to the plans for 2 towers on 79th and Biscayne across from immigration. Location Location.

Anonymous
Isabel
7 years 2 months ago

==reminds me of the home depot the built on 23 rd st in nyc, it closed a while back==

Drew 299…your information is unreliable. I live 2 blocks from the Home Depot on 23rd in NYC and it is still very much open. Just sayin’!

Anonymous
AJ
7 years 2 months ago

Drivers in Miami are F@#$%^n crazy. I just hate them. 90% are arseholes. They peel off at 60 miles an hour to a red light 50 meters away, not to speak of other horrible horrible acts of “driving” (if you could call that). I personally will never buy a used car. But anyone thinks of doing it, check to make sure it was never registered or driven in South Florida. 100% possible they beat the shit out of that car.

Anonymous
7 years 2 months ago

isabel,

unless they converted it to a egular home depot which i cant believe, its done…..they are closing down the whole division…..(I FORGET THE NAME) BUT ITS LIKE A HOME DEPOT FOR CITY FOLK

pass by and ask a cashier how much longer they will have a j o b

Anonymous
BMW M3
7 years 2 months ago

they were asking a little under 1700 for the one bedroom at icon.. I think with all the um student leases ending early this month, Everglades opening up, and wanabes upgrading to icon, the rental market will really collapse by June…..

Anonymous
Drew
7 years 2 months ago

Home Depot recently announced they are shutting down their all-Spanish web site. They discovered that about 50% of the site traffic came from outside the US…which is funny because they don’t even ship anything internationally.

Anonymous
jcrimes
7 years 2 months ago

bmw
how big was the one bedroom? i was told 2k for the 750sq ft 1bd line.

Anonymous
george
7 years 2 months ago
Monday May 4 at 6:30 Pm is an Opportunity to Learn about the Edgewater neighborhood… An organization that tries to deal with the many issues facing the Edgewater area -15 st north to app 36 st-holds monthly meetings the first Monday of each month (name is NEAR-Neighborhood of Edgewater Association Residents ) The May meeting will be held tomorrow Monday May 4 at 6:30 pm at the Out of the Blue Cafe 2426 NE 2 nd Avenue. I attended a meeting last fall and found the organizer Richard Strell very well informed about community goings on . I urge anyone… Read more »
Anonymous
7 years 2 months ago

“Everglades opening up”

Actually, what’s going on with Everglades? Any closings, or is it almost a complete rental? There’s a lot of units there so it will make an impact

Anonymous
BMW M3
7 years 2 months ago

J and j rev at 940sf.. Wire closets, no shower door, carpet. WTF? Thts luxury? Fk the related group. I’m looking at marina blue now

Anonymous
Pizzeria
7 years 2 months ago
WTF guys? (and girls) I live at Quantum, and I walk 2 blocks to my Price Choice. I’m on first name basis with the managers and get treated well. Of course it has a limited selection, but the prices are very good on many items. Besides, I am a chef, lived in France and Italy for many years. I know what good food tastes like. I know how to buy good food. I am always skeptical when I hear North Americans complain about grocery stores. First learn how to cook, and then you can complain. In the meantime learn to… Read more »
Anonymous
Annamarie
5 years 18 days ago

Price choice? Excuse me I’ve been to price choice and I must say other then a large amount of homeless people outside ,the staff was not bi-lingual and only spoke Spanish and I needed to return somthing and was treated like a criminal with them stating that they don’t refund anything unless it’s damaged.. Rude manager. Price choice is for thee consumer with no transportation and very little options.

Anonymous
BMW M3
7 years 2 months ago

I was told I could get a pretty hooked up 1 bdrm in Everglades with more square feet than marina blue for less money ~1300/month…unfortunately I like the finishes in marina blue better. The finishes are equal quality, just different styles.

I’ve heard noise complaints about marina blue. Anyone with info on this?

Anonymous
lara
7 years 2 months ago

AJ,

I hope you’ll go to Edgewater meeting at 4p.m. today. Also if you cannot then I would ask George who posted info about this meeting to report a brief summary of the meeting. I am very curious and would like to know since I have my investments in this area.

Also is there any website for this organization or at least email where people who are out of towners but invested in the area can communicate?

Thank you

Anonymous
george
7 years 2 months ago

Lara Re #42

The meeting is at 6:30 PM -not 4 pm -at 2426 NE 2nd Ave.
The guy in charge is Richard Strell and his email : miamiwater@gmail.com

Anonymous
7 years 2 months ago

miami restaurants are very over-rated, europe the food ?? maybe>>>but if it was so great, wouldn’t u still be there ???
besides the portions are to small…………thats why fiat will fail we like suv’s and all u can eat places…….
and overpriced condos in crap e areas

Anonymous
Isabel
7 years 2 months ago
drew299 said: ==unless they converted it to a regular home depot which i cant believe, its done…..they are closing down the whole division…..(I FORGET THE NAME) BUT ITS LIKE A HOME DEPOT FOR CITY FOLK. pass by and ask a cashier how much longer they will have a job=== That division is called Home Expo and the location on 23rd in New York is not affiliated with that…it is a regular Home Depot, always has been, and is not closing. In fact, the Home Depot on 23rd in NY has some of the highest retail sales per sq ft of… Read more »
Anonymous
DJ
7 years 2 months ago

Isabel….well said. Your posts turn me on.

Anonymous
Richard
7 years 2 months ago

Everglades says they closed 100 units. They encourage rent to own with all the rent going toward purchase price. They are looking for offers on purchases and salesman said would run them by the bank (out of developers hands???) 4 pools but water view nothing to write home about.

Anonymous
jcrimes
7 years 2 months ago

isabel
you said something along the lines that midtown is a success. maybe in five/ten years that synopsis will ring true…but definitely not today.

Anonymous
Wild Bill
7 years 2 months ago
I was implying that Miami has several million feet of empty commercial space. The two bankruptcies at Midtown open up more unused space. South Beach is just finishing a project with 185,000 feet of more retail. Midtown is a failure. Park West is a failure. Jungle Island is a failure. Old Miami Arena is a failure. Bayside Marketplace is a failure. Miami Herald is a failure. Omni is a failure. Downtown Macy’s is a failure. Homeless sex offenders living under a bridge, another failure. No movie theater in your are means even Magic Johnson cinemas thinks Miami is a failure.… Read more »
Anonymous
DJ
7 years 2 months ago

Wild Bill…..well said. Your posts turn me on.

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