Look around any major city, and it’s a safe bet that the cranes dotting the skyline are putting up a mixed-use development. What began as a response to the need for more flexible and sustainable spaces has evolved into a broader opportunity to revitalize entire neighborhoods by integrating residential, commercial, retail, and entertainment uses into a single, cohesive environment.
As developers strive for diverse revenue streams and look to meet demand across several sectors, projects combining a mix of uses – typically retail, residential, office, and hotel – are in vogue.
Schwartz Media Strategies’ real estate practice, recognized among the top-5 in the U.S. by Commercial Observer, is guiding some of the country’s largest mixed-use projects from conception, through construction, and to completion.
From Miami Worldcenter in Downtown Miami, to One Beverly Hills in Los Angeles (the largest mixed use development currently rising on the west coast), our team is knee-deep in all facets of bringing a project to life, with a focus on winning approval, securing community support, and ensuring commercial success.
Below is a look at some of the exciting developments coming to life across our real estate portfolio, as well as several more in the pipeline.
A Part of the Cityscape
Miami Worldcenter — A $6 billion mixed-use development in downtown Miami, featuring retail, residential, office, and hospitality spaces across 27 acres, one of the largest urban projects in the U.S.
Grove Central Residences — A transit-oriented, mixed-use development near Miami’s Coconut Grove Metrorail station developed by Terra, featuring 400 residential units, over 170,000 square feet of retail space, and sustainable design elements.
Sawyer’s Walk — A mixed-use development in Miami’s Overtown, featuring over 500 affordable housing units and retail space, developed by Related Group aimed at revitalizing the area and addressing housing affordability.
Projects in the Pipeline
One Beverly Hills — Real estate investment firm Cain International and developer OKO Group are undertaking one of the largest private projects in California history: One Bevely Hills, which occupies 18-acres in the heart of Beverly Hills. This urban oasis will introduce a new Aman-branded hotel and residences alongside the iconic Beverly Hilton and Waldorf Astoria hotels. The development’s centerpiece will be a 10-acre botanical garden and public open space.
Watson Island — A mixed-use development planned for Miami’s historic Watson Island’s south side by BH3 Management and Merrimac Ventures. Consisting of two hotels, retail, offices, residences, dining and expansive public spaces, Watson Harbour is set to activate one of the most vital waterfront properties in South Florida, located directly on Biscayne Bay, midway between Downtown Miami and Miami Beach.
Bal Harbour Shops — Under Florida’s Live Local Act, Whitman Family Development filed plans with Bal Harbour to develop a 70-room hotel, 600 residential units and another 46,000 square feet of retail.
Miami Riverbridge — a planned mixed-use development at the Miami River’s, with plans to revitalize the Hyatt Regency Miami featuring two 698-foot towers with over 1,000 residential units, 30,000 square feet of retail space, a 200-room hotel, and a public riverwalk.
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