Miami’s Magic City Innovation District Announces First Commercial Tenants

June 13, 2019 – 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...
Miami Magic City Innovation District

June 13, 2019 – 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.

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. In addition, MCID will create a walkable urban campus that will become a premier destination for innovation, technology, entrepreneurship, sustainability, art and culture.

Over the last 18 months, the development team behind the MCID has been working closely with local residents and the City to shape their long-range plan. In the meantime, the group has been renovating – and continues to renovate – vacant factories, warehouses and buildings into unique leasable spaces for offices, galleries, ateliers, cafes, restaurants, retailers and pop-up shops. Approximately $12 million has been invested in rehabbing existing buildings so far.

“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. “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.”

A tech company called OnPoint Global is leasing space at 6300 NE Fourth Ave. OnPoint is a leading worldwide data-driven, online publisher and service-based E-commerce provider with offices in the United States and Latin America.

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.”

Manmar Entertainment is a full-service marketing and strategic consulting firm specializing in lifestyle and multicultural marketing. It is located at 320 NE 61st St.

Ecovie is a start-up that designs and delivers on-site water management solutions for commercial grey water recycling and rainwater collection as well as black water recycling and storm water management. The company is located at 6210 NE Fourth Court.

COOL Creative is a boutique creative services agency that develops out-of-the-box advertising and marketing campaigns for digital, social, mobile and traditional platforms. It is located at 300 NE 62nd St.

“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.”

MCID is committed to providing an ecosystem to curate a community of businesses, creators, makers and educators who will develop a powerful, self-sustaining economic engine in Little Haiti.

Through the SAP, MCID will work with and alongside local entrepreneurs to help them grow their businesses, enhance neighborhood connectivity, and provide a historic community benefits package totaling $31 million in payments made to the Little Haiti Revitalization Trust.

MCID partners are seeking approval for approximately 7.8 million square feet of mixed-use development including 2,630 residential units, 432 hotel rooms, 2 million square feet of office space and 350,000 square feet of retail and four acres of public open space.