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10

| 2017 MIAMI RETAIL

Major Markets Report

Cool Streets / Shopping Areas

Cool Streets, like Miami’s Wynwood submarket are

emerging urban retail markets or neighborhoods where

the catalyst from growth has been an influx of millennial

customers. Often these neighborhoods undergo varying

degrees of gentrification. Being “cool” means that the

timeline and evolution of these neighborhoods are short

as attention shifts to more cutting edge neighborhoods.

These areas succeed in Miami because they create a

curated and personalized shopping experience for local

customers.

MIAMI-DADE

Retail Drivers