A new food hall is set to open in the former Time Out Market space at 1601 Drexel Avenue, Miami Beach. City Food Hall has leased the 20,900-square-foot location near Lincoln Road and plans to begin operations in the summer of next year, according to a statement from its broker.
Irma Figueroa of Comras Company represented City Food Hall in the lease negotiations, while Dillon Maya of Avenue represented the landlord. City Food Hall is based in Miami and led by Peter Rounce. The company already operates several venues across Florida, including West Palm Beach, Destin, Gainesville, and Orlando. There are also plans for a future opening in Athens, Georgia. Camila Dulcetti of Nova Design will oversee the interior design for the South Beach venue.
Time Out Market previously occupied this site but closed its doors in 2023 after four years of operation. The market was shut down for nearly a year during pandemic-related restrictions.
The property owner is Paul Cejas, former U.S. ambassador to Belgium under President Bill Clinton and chairman of PLC Investments.
In other leasing activity across South Florida:
– Blu Hospitality Group will introduce its first South Florida restaurant at River Landing Shops & Residences in Miami. The group has signed a lease for 6,500 square feet at the development’s restaurant row overlooking the Miami River and expects to open Blu modern American restaurant by next year’s third quarter.
– Google has opened its eighth U.S. retail and tech support store at Aventura Mall with a 3,030-square-foot lease at 19501 Biscayne Boulevard.
– Ludlow Coffee Supply will launch its second Brickell outpost within Domus Brickell Park condo-hotel project at 1611 Southwest Second Avenue.
– Fourvenues, a nightlife technology company from Spain led by CEO Alberto Centeno, has established its U.S. headquarters at Sabadell Financial Center on Brickell Avenue as part of an expansion that includes plans for an office in New York.
– Good Greek Moving & Storage will open a new location with a 61,300-square-foot lease at Bridge Point Port Everglades industrial facility in Dania Beach beginning February.
– Gibson Garage will bring a store and music venue featuring over 500 guitars to Wynwood Garage at 311 Northwest 26th Street in Miami; it is scheduled to open this spring.
– Silk—a Japanese-Italian steakhouse owned by Pietro Polini—has opened a new restaurant occupying 6,000 square feet at 1666 Lenox Avenue.
– Maiden Home furniture brand launched its flagship outpost with a lease for 4,400 square feet in the Miami Design District.
– Fully Promoted opened a branded apparel and promotional products store with a lease for 2,000 square feet in Miramar.
These developments reflect ongoing commercial growth and leasing activity throughout various neighborhoods across Miami-Dade County.
