Key Points
- NoBe PARC Miami Beach has launched leasing for approximately 11,552 square feet of ground-floor retail space.
- INHOUSE Commercial has been named the exclusive leasing agent for six divisible spaces ranging from 1,232 to 4,962 square feet.
- The retail offering is designed to serve North Beach’s growing residential population with restaurants, wellness, fitness, personal care, grocery and other neighborhood-focused concepts.
- More than 1,261 residential units are under construction across the broader North Beach development pipeline.
What the retail offering includes
NoBe PARC Miami Beach is bringing new retail space to North Beach as residential development continues to reshape the neighborhood. The 15-story project from Robert Finvarb Companies includes approximately 11,552 square feet of ground-floor commercial space across six units. The spaces range from 1,232 to 4,962 square feet, with as much as 4,962 square feet available as one contiguous space. Each storefront will feature floor-to-ceiling glass and frontage along 72nd Street, Abbott Avenue and Byron Avenue, giving retailers visibility from multiple directions.
What the leasing strategy targets
INHOUSE Commercial has been selected to lead the retail leasing effort, with a focus on creating a tenant mix that fits both the existing neighborhood and the residents moving into new developments. Potential tenants include wellness and med-spa operators, boutique fitness studios, salons, personal care businesses, specialty grocers, prepared-food concepts, chef-driven restaurants and cafes. The residences above the retail will also provide a built-in customer base once NoBe PARC is completed.
What the pipeline means for retail
More than 1,261 residential units are currently under construction across the broader development pipeline, creating additional demand for restaurants, services and other neighborhood amenities. The project sits within a trade area that includes Indian Creek, Bal Harbour, La Gorce, Normandy Isles and Biscayne Point, while established businesses such as Ezio’s Steakhouse, La Sandwicherie, Sazón Cubano and Carrot Express already contribute to activity along the corridor. Nearby North Bay Village is also seeing significant investment, with more than $2 billion in planned projects and more than 600 units under construction.
What NoBe PARC brings to the residential market
NoBe PARC will deliver 232 fully furnished residences when it is completed in late 2028. The development is being built by Abbott Avenue Partners LLC, an affiliate of Robert Finvarb Companies, with Arquitectonica handling the design and V Starr curating the interiors. The project will offer a mix of studios, junior one-bedroom units, and one-, two- and three-bedroom-plus-den residences. Amenities include a resort-style pool deck, wellness facilities, coworking and social spaces, rooftop cabanas, yoga areas and Beach Club offerings.