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Miami Design District Rents Surged 67% Last Year

Summary by The Next Miami
Rents in the Miami Design District grew 67% in 2024, according to Bloomberg, which cited a Cushman & Wakefield analysis. It was the fastest growth of any retail main street area in the Americas included in the Cushman & Wakefield report. Rents are now said to be $500 per square foot a year, which is the highest of any retail streets in the U.S. outside of New York and L.A. included in the analysis. Craig Robins, the CEO of Design District develo…
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The Next Miami broke the news in on Wednesday, May 7, 2025.
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