Apple to join other luxury retail locations in Miami Worldcenter

AppleInsider

Apple has inked a lease agreement to build a new Apple Store at Miami Worldcenter, set to show up by 2025 at the earliest.

Image Credit: Miami Worldcenter

The one-story structure will be located at the corner of Northeast Eighth Street, to the west of the Jewel Box retail building at 725 NE First Avenue. The $12 million standalone store has been in progress since November. It will be Apple's sixth in the Miami-Dade area.

As per a report by the Commercial Observer, the new Apple Store is set to join other retail giants, such as Sephora, Lululemon, and Ray-Ban. Miami Worldcenter will also see upcoming tenants Starbucks, Rihanna's Savage X Fenty, and The Container Store.

Miami Worldcenter is a 25-acre mixed-use development that is currently under construction. It features shopping, lodging, and entertainment venues primarily geared at tourists.

Initially, the store was rumored to be the largest in the world, but that doesn't appear to be the case. As it sits on an 18,600-square-foot plot, the single-story store doesn't even come close to the 50,000-square-foot behemoth that is Apple Store UAE, located in Dubai.

Apple recently announced a new store called Apple Jing'an will be opening shortly in central Shanghai, China. The location will be the eighth Shanghai store since the first opened in 2010.



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diman80

Since when Sephora, Lululemon, Starbucks, Rihanna's Savage X Fenty, and The Container Store are considered luxury brands? 

dewme

I suppose that anything that’s not Walmart or one of the many “Dollar” branded stores is considered a luxury brand.

kierkegaarden

Good timing — just in time for the big recession.