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Old Posted Mar 10, 2016, 4:22 PM
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chris08876 chris08876 is online now
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Great State of NJ
Posts: 49,333
Quote:
Originally Posted by Dale View Post
What I don't get is how the retail "high street" is supposed to work if it is emerging out of no man's land.
Its really a long term plan as it is geared towards the surrounding neighborhoods where new towers hosting residents that currently live or will live in the future. Places like Edgewater or Brickell. Employees as well.

Quote:
2019 Demographics
Population
1.7 million

Households

635,814

Households earning
over $100,000

96,697

Daytime Employees (within 5 miles)

365,896
Credit: http://www.taubman.com/taubman-properties/the-mall-at-miami-worldcenter/

Plenty of customers and a growing base for it to succeed. As we've seen with many developments, often the speculation of a growing region is enough for developers to follow up on a project.
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