Downtown Miami is a bustling center of commerce, students, and merchants. Recently rebranded as DWNTWN, the area is experiencing a revitalization of both architecture and industry. Downtown Miami is made up of several areas, including the Brickell Financial District, Arts and Entertainment District, and Museum Park. Simply referred to as “downtown” the area’s real estate has picked up tremendously thanks to exciting projects like 1000 Museum, Miami Worldcenter, and All Aboard Florida.
Downtown Miami real estate is perfect for the working professional who desires an urban lifestyle. The area offers shopping, culture and entertainment venues, fantastic restaurants, bars, and access to public transportation on the Metromover and Metrorail. The area is also closely situated to Miami International Airport and the Port Miami Cruise Terminal.
Downtown Miami contains the grand American Airlines Arena, home of the Miami Heat and host to several concerts and events throughout the year. Walking distance from the arena is Museum Park – a 30-acre cultural complex overlooking Biscayne Bay. Venues here include the newly constructed Perez Art Museum Miami (PAMM), and soon-to-be the Patricia and Phillip Frost Museum of Science, which is set to be completed by summer 2016.
The future of downtown Miami real estate is looking bright. The Miami Worldcenter project will be the second largest development in the U.S. Its Thirty acres of mixed-use space will contain Paramount luxury residences and The Mall at Miami Worldcenter anchored by Macy’s and Bloomingdale’s.
Downtown Miami real estate has given the city a skyline like no other, best seen from Biscayne Bay. The area’s most iconic structure is and will likely continue to be the Freedom Tower. Facing the AA Arena at 600 Biscayne Boulevard, the Freedom Tower was completed in 1925 and modeled after the Giralda Tower in Seville, Spain. Up until 1928 it was the tallest building in Florida. Between 1962 and 1974 more than 450,000 Cuban refugees passed through The Freedom Tower’s doors. Nowadays, the tower serves as a memorial, educational and cultural center. It is inscribed as a U.S. National Historic Landmark.
For more information on Downtown Miami real estate, contact Volare Realty.