Miami’s Magic City Innovation District Announces First Commercial Tenants; Diana Lowenstein Gallery highlights five new businesses that have moved into Little Haiti neighborhood set for revitalization and job growth

Diana Lowenstein

 MIAMI, FL. – As the Magic City Innovation District (MCID) awaits its final City of Miami approval to become a Special Area Plan (SAP), the development team is announcing the first group of new tenants that are moving into Little Haiti.

 Five businesses have signed long-term leases totaling 18,650 square feet of commercial space who will also bring hundreds of new jobs to the neighborhood.

“We want to welcome our first tenants, a group who fully understands and appreciates our vision for the neighborhood,” said Neil Fairman, Managing Partner, MCID.

Neil Fairman

 “They exemplify the types of businesses we want to attract—ranging from a local technology company to a well-known art gallery to a firm focused on sustainability practices.”

Approximately $12 million has been invested in rehabbing existing buildings so far.

Diana Lowenstein Gallery is moving from Wynwood to 320 NE 61st St. in the MCID. The gallery’s selections include paintings, photography, sculptures, video, installations and specific commission works on site from established and up-and-coming artists.

 “I recently noticed the local art scene was starting to migrate to the Little Haiti neighborhood,” said Diana Lowenstein. “The Magic City Innovation District provides me an opportunity to be on the forefront of this emerging trend and create a new destination for art lovers from around the globe.”

Tony Cho

 On March 29, 2019, the Miami City Commission with a 4-0 vote gave initial approval to the MCID’s plan to revitalize nearly 18 acres of underutilized industrial and vacant property located in the Little Haiti neighborhood, while preserving the community's authentic cultural identity. 

“We are getting great traction with interesting tenants and businesses excited to be part of our unique district,” said Tony Cho, President of METRO 1 and co-founding partner of the MCID, who is spearheading leasing efforts.

 “Almost all of our existing adaptive reuse buildings are complete and we are actively seeking food & beverage and innovative tenants to join our growing community. In the near term, we also plan on making the area a destination by activating some open spaces as pop-up entertainment venues.”

 CONTACTS:

Todd Templin, BoardroomPR

954-370-8999

 ttemplin@boardroompr.com

 For leasing information, please contact METRO 1 at www.metro1.com.