Miami's retail landscape has begun a seismic shift. Buoyed by Brazilians and other foreigners snapping up residential real estate faster than inventory becomes available, commercial property developers are eyeing every green space and vacant building and lot with a fervor not seen since the city’s prerecession boom. Lease expirations, mall expansions and new shopping centers and districts are resulting in unprecedented choices for stores and consumers alike.
“I feel very confident since Latin Americans, beyond Brazil’s new monied classes, are coming here in droves,” said Michael Comras, founder of the Comras Co., a real estate development and leasing firm in Miami Beach. “With Mexico so unsafe, and [Hugo] Chavez going in for another six years, they have to go somewhere, and Miami appears to be it.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"