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.
To learn more about Real Estate in Downtown Miami, dive into the reports and resources below.
2017 Greater Downtown Mid-Year Residential Real Estate Report
Integra Realty Resources (IRR) provides an update of the Downtown Miami condo market. The 2017 Mid-Year Report shows how condo development in Downtown Miami has reached its midpoint, and surging demand has led to a significant uptick in conventional rental units. The report specifically profiles the rental market showing overall stability with new Class-A properties renting at a premium over older product. click here.
2017 Downtown Miami Office Market Overview
The Office Market Study, conducted by Lambert Advisory for the Miami DDA, gives a comprehensive overview of the Downtown Miami office market through the second quarter of 2017. The Downtown Office Market has undergone a healthy evolution with an introduction of office space at an even pace with employment trends. The principle findings of the report discusses lease rates, absorption, deal-size, and the rapid expansion of co-working options in the Greater Downtown Market. Download the full report by clicking here.
2017 Greater Downtown Miami Study of Retail Conditions
This retail market research report is the second annual publication of retail market conditions in downtown Miami published by IRR in April 2017. The report was commissioned by the Miami Downtown Development Authority (Miami DDA) to provide an effective framework for understanding the retail conditions, critical mass of retail, and relative opportunities within each submarket with an emphasis on future study of what factors are contributing to the success of downtown Miami’s retailers. To download the full report, please click here.
For additional 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 Central Business District 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.
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, telephone, kitchen and reception services. 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.
Moving Forward in Miami
In Florida, Downtown Miami is the destination for global business. A thriving economy, strong business sectors, instant connectivity, extensive social and cultural offerings and an active and vibrant residential community come together to form our global cosmopolitan city.
Companies strategically choose Downtown Miami to be a part of the city’s core… a tropical waterfront paradise where worlds meet, entrepreneurs gather, and the Americas are centered.
Whether opening, expanding or relocating a business, the Miami Downtown Development Authority will connect you to city, county and state agencies as well as other businesses and organizations to facilitate real growth and sustained success.
Top Reasons to Choose Downtown
Business is Booming – With more than $10 Billion in international investment underway and over 40 development projects on the books, Downtown Miami defies national and global economic trends.
Talented Workforce – We are home to a diverse, multilingual and highly educated workforce essential for business needs, with many more professionals choosing to work in Miami every year.
Climate for Business – Florida is the fourth best state in the U.S. to do business according to the Tax Foundation. Couple that with competitive costs of doing business, and Miami is an attractive choice.
Access – Downtown has the best public transportation system in the State of Florida, including the free MetroMover and trolley systems, joined by a top-tier international airport and seaport.
For more infomation on why Downtown Miami is the best choice to establish or expand your business take a look at our Downtown Miami: Business First brochure, available in English, Spanish, Portugese, Mandarin and French.