Miami-Dade Retail Construction 2,500,000 Peaked in 2008 at 2.1 Msf 2,000,000

Home , Dadeland South station, Downtown Dadeland, Flagami, MiamiCentral, Miami Design District, One Brickell City Centre

2018-2019 AT THE EDITION CENTER OF WHAT’S

NEXTFOR MIAMI RETAIL Major Markets Report AT THE CENTER OF WHAT’S NEXT

2 MIAMI RETAIL MAJOR MARKETS REPORT TABLE OF CONTENTS Click number to jump to section RETAIL IN MIAMI-DADE CONNECTING THE OLD WITH THE NEW

RETAIL IN MIAMI-DADE CONNECTING THE OLD WITH THE NEW

Miami-Dade Population Projection

3400.00 435,000 new residents by 2030 3200.00

3000.00

2800.00

2600.00 In Thousands 2400.00

2200.00

2000.00 2000 2005 2010 2015 2020 2025 2030

Reinvention is the 2018 theme for Miami-Dade. Like an oversized impact on the region, nationally and many gateway cities, the makeup and composition worldwide. It is the fourth largest urban area in the of its diverse population are constantly shifting United States with 5.5 million people. This dense and creating new influences that impact people’s market, which averages more than 4,400 people taste and style. The diverse demographic profile of per square mile, makes it an ideal testing ground for people who live, work and visit the area creates an new retail experiments that may eventually roll out ideal environment for the confluence of wealth and to other markets.

consumer spending that supports a vibrant retail Miami-Dade is not one market but many separate market. neighborhoods, each with their own unique flavor. Miami-Dade is not immune to the challenges that The 34 cities and numerous unincorporated areas traditional retail is experiencing nationally in today’s are predominantly Latino. Of that total population market. The fast pace of change is leaving some in the county, 70 percent identifies as Hispanic – but retailers and older shopping areas struggling to find within that community are significant pockets of ways to attract customers and increase foot traffic. Cubans, Puerto Ricans, Dominicans and Mexicans, The digital infrastructure and the curated experiential as well as residents from most Central and South environments are creating new touchpoints American countries. Each ethnic group creates an with customers that are more intertwined and evolving cultural identity that influences how people interconnected. Miami-Dade’s retail submarkets are live and shop. at the forefront of the changing landscape of how we shop.

South Florida in 2018 is a microcosm of how these changes are affecting the old retail model and of 70% how retailers are confronting the new subtleties in of the total population in the the 21st century. Due to its size, Miami-Dade has county identifies as Hispanic. 6 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 7 MARKET DYNAMICS IN MIAMI-DADE

MARKET DYNAMICS IN MIAMI-DADE

Vibrant Tourist & Hospitality Sectors A Record 15.9 million In 2018, Miami-Dade remains one of the top choices for overnight travelers visited in domestic and international travelers. A record 15.9 million overnight travelers visited in 2017 and that number is 2017 and that number is expected to be even higher in 2018. Visitors spent more than expected to be even higher in $26 billion in retail expenditure in 2017. Retailers in high- traffic tourist areas are guided by the international stream 2018. Visitors spent more of customers directly influences how retail formats are than in retail developed and how they respond to changes in customer $26 billion profiles. As the number and origin of visitors shift, those expenditures in 2017. factors also force many retailers to reinvent and reimagine their spaces to differentiate themselves in a competitive environment.

PortMiami is the cruise capital of the world and wants to ensure it keeps that title. In the last three years, the port has signed lease agreements with three major cruise lines for new terminals, including Royal Caribbean, Norwegian and MSC cruise lines. The new facilities, which will be completed in 2018, 2019 and 2022, respectively, will be able to accommodate each line’s largest ships, called World Class vessels, each of which can carry nearly 7,000 passengers. Currently those size ships dock at Port Everglades, to the north in Broward County.

Miami is the No. 1 cruise port in the world.

Source: Miami Downtown Development Authority, 2018

10 MIAMI RETAIL MAJOR MARKETS REPORT ORIGINS OF TRAVEL

DOMESTIC INTERNATIONAL 51.2% 48.8%

Number of Domestic Visitors Number of International Visitors 7.8 Million 8.1 Million

HOTEL ROOMS GROWTH IN CRUISE 55,453 PORT ACTIVITY PASSENGERS UP 10.9% OCCUPANCY Number of Cruise 76.7% Passengers 5.3 Million AVERAGE DAILY ROOM RATE/NIGHT $190 ECONOMIC IMPACT $34 BILLION

DIRECT/INDIRECT EMPLOYMENT 320,000 MIAMI ARRIVALS AT MIA CRUISE SHIPS 22 44.1 MILLION CRUISE 55 LINES MIAMI AIRLINE CARRIERS 106

2018-2019 EDITION 11 MARKET DYNAMICS IN MIAMI-DADE

12 MIAMI RETAIL MAJOR MARKETS REPORT The Miami Beach Convention Center (MBCC) Miami Beach sees more than 600,000 visitors annually Convention Center and is in the final stages of a $620 million Convention center business plays an renovation and expansion. With a new important part in bolstering consumer facade, 505,000 square feet of exhibition spending and adding to the market’s total space with 10 additional meeting rooms and retail sales. In 2017, 3.6% of all business 870 new parking spaces, MBCC seeks to travelers to Miami-Dade came to attend attract larger conventions while reengaging events at convention centers. Most of these with the surrounding community. attendees stay in hotels in Miami Beach, a world-renowned destination famous for its nightlife, restaurants and shopping.

$620 Million 870 New Renovation & Expansion Parking Spaces 600,000 Visitors Annually 505,000 SF 10 of Exhibition Space Additional Meeting Rooms

Source: Greater Miami Convention & Visitor Bureau, 2018

2018-2019 EDITION 13 MARKET DYNAMICS IN MIAMI-DADE

buy homes and park money in real estate Visitor Impact and assets, with most willing to pay all cash Shadow Market for assets. The Shadow Market includes many international residents, primarily Tourist numbers include short-term from Latin America, and remains one visitors as well as many who have of the main factors behind the region’s purchased homes in the region and strong real estate market and elevated stay for extended periods of time, retail sales growth. from a few weeks to several months. These temporary residents use South Florida as their second or third home On average, 62% of and participate in the “Shadow Market,” which is not easily quantified in foreign buyers demographics or spending statistics, and spend more than is not included in the Census. However, temporary residents do contribute and twice that of domestic drive the economic vitality of the region buyers on residential and come from all over the world. Many properties in Miami.

Retail Sales in Billions vs. Household Income

$60B $50K

$50B $45K $40B

$30B $40K In Billions $20B $35K $10B

$0B 30K 2000 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17

Retail Sales Household Income

Sources: Moody’s , 2018

14 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 15 MARKET DYNAMICS IN MIAMI-DADE

Eclectic Density & Neighborhoods & Verticalization Communities Most of South Florida, including Miami- Dade, is boxed in between the Atlantic Miami-Dade is not one retail market but Ocean and the Everglades. While a fractured region made up of distinct these enclose and define the natural geographic retail clusters that many boundaries of the market, they also allow times overlap and are interconnected by for the densification of neighborhoods transportation corridors. The strength of and clustering of business and retail the retail market lies in its diversity and services. Two outcomes that benefit the ability to cater to any customer’s needs retail sector are: or wants. From High Street retail to local convenience, several neighborhoods 1. Vertical development along major traffic have a stricking juxtaposition of corridors 2. Forcing the adaptive re-use of existing different uses that can help draw structures into higher value uses customers in, creating foot traffic. The This second trend has occurred in local population as well as strong tourist semi-industrial areas surrounding the inflows reenergize the retail market with downtown core. It has added pressure new concepts and ideas. on local infrastructure and increased The unique layout of the retail market traffic congestion as residents migrated in Miami-Dade also makes it difficult for from the western suburbs east to a few big retail players to dominate the the urban core. Given the inability to market. As in many other gateway cities, grow outward, the movement east is retail in Miami-Dade has been protected creating additional incentive for vertical by its size and diversity from changes in development and will continue to the overall retail landscape. provide new opportunities for retailers.

The local population as well as strong tourist inflows reenergize the retail market with new concepts and ideas.

16 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 17 HALLANDALE BEACH BLVD E MIRAMAR PKWY E E 95 BROWARD COUNTY K I

NW 215 ST 99 P MIAMI-DADE COUNTY NW 211 ST N

R 95 U TO FORT TO LAUDERDALE NE 207 ST T

D NE 205 ST GOLDEN

S E NW 206 ST 297 ’ R BEACH NW 2 AVE NE 203 ST NE 2 AVE Y The Bus Terminal A RED ROAD 27 27 IR AVE NE 12 D A at Aventura Mall NW 202 ST I IVES D R

FLAMINGO RD FLAMINGO NW 199 ST O 99 3,9 WI LLIAM LEHMAN CSWY 199 ST99 L M IAMI GARDENS F 17 95 E,S MARKET DYNAMICS 183 210 NE 192 ST 99,183

NW 52 AVE NW 52 NW 191 ST NW 47 AVE NW 47 NW 191 ST 95 99 MIAM 75 NE 186 ST NW 186 ST I GA 32 93, 95, 120

RDENS DR AV E AV E NW 183 ST 183 MIAMI GARDENS DR NORTH E 73 42 2,3 16 IN MIAMI-DADE 32 MIAMI-DADE COUNTY 54 95 MIAMI 267 286 CAROL 77 9,10 19 AVENTURA 120 286 NW

NW 75 BEACH CITY NW 175 ST 17 E,H 22 93 E S 75 NE 19 AVE NW 167 ST 75 246 D 286 3 BLV Golden Glades ES NW 167 ST E 246 2 210 SUNNY ISL E 75 826 PALMETTO EXPY 22 NE 163 ST 54 Golden Glades Northeast H TRANSIT SYSTEM Terminal E SUNNY 32 Transit Hub

e NW 87 AVE 75 22

MIAMI v 217 155 19 75 ISLES

29 A

LUDLAM RD LUDLAM LAKES 77

7 OPA-LOCKA BEACH

3 NW 156 ST 155

AUGUST 2018 MIAMI LAKES DR NW 151 ST NE 151 ST 3 H H W 246 NE 6 AVE 27 267 N 277 16 135 120 OPA-LOCKA 17 77 9 10 EXECUTIVE AIRPORT 42 95 75 OKEECHOBEE ROAD 277 NW 138 ST NW 135 ST Opa-Locka 217 W DIXIE HWY 135 135 135 G R 297 217 NORTH 73 29 37 A 95 METROBUS ROUTES T MIAMI BAY HARBOR

IG WEST BRO A AVE COLLINS N 27 D CSW ISLANDS

W 28 AVE G Y Y VIEW 96 ST W 68 ST EX 1 29 PY NW 12 AVE NW 119 ST Limited-Stop Service E 65 ST HIALEAH 19 16 G BAL HARBOUR 54 19 D GARDENS G MIAMI V Express Service W 60 ST L PINEWOOD SHORES B INDIAN CREEK

32 17 E W 24 AVE 246 17 VILLAGE SURFSIDE NW 106 ST 37 135 2 N NW 32 AVE East–West Local-Stop Service W 49 ST NW 37 AVE NW 103 ST Y 33 54 E A 85 ST 115

NE 6 AVE C

33 AV IS North–South Local-Stop Service 33 B 32 17 77 ST E 4 AVE E 8 AVE

Local Shuttle or Circulator Service W 8 AVE W 4 AVE HAWTHORNE AVE HAWTHORNE Transportation W 16 AVE W 12 AVE Metrorail 71 ST N MIAMI N MIAMI NE 2 AVE PALM AVE PALM NW 27 AVE NW 22 AVE NW 17 AVE

Transfer NW 7 AVE METROBUS DESTINATIONS 54 NW 2 AVE EL PORTAL L 79 12, 79 21 202 WY 29 CS MEDLEY 29, 37 Tri-Rail42, L 32, EDY Palmetto87 HIAL EAH 54, L Northside L NW 79 St CSWY JOHN F. KENN 8, 24 NW 79 ST Service Endpoint - Single Route Type NW 74 ST 135 79 202 33 NORTH BAY 115 AVE NW 12 Linkages and Nodes 120, C Service Endpoints - Multiple Route Types 42 77 10 3 VILLAGE 120 Hialeah 22 17 12 267 NW 62 ST Dr. Martin Luther King, Jr. 46 9 62 Okeechobee73, 62 46 Edmonson EXPY NW 107 AVE Terminal NW 97 AVE NW 87 AVE 29 2 7, 62, 297 NW 58 ST MIA MI SPRINGS LIBER TY 27, Transit 46, 62, LITTLE S 254 7 7, 277 O Village 115 FLORIDA’S FLORIDA’S TURNPIKE CITY HAITI Miami-Dade has one of the more extensive mass 36 62 NW 54 ST 54, 297246 Park and Ride Lot 36 54 254 Brownsville 54 254 46 254 95 95 South Dade TransitWay Station 37 Hialeah 46 NW 41 ST / DORAL BLVD Earlington Heights21 202 C,M

SW 72 AVE Market 17, 22, PALMETT SW 67 AVE 132 41 ST transit systems in the Southeast. It combines a wide 36 SW 62 AVE NW 36 ST 246 JULIA TUTTLE CSWY Metrorail & Station - Routes Serving Station 132 150 22, 27 95 J J DORAL 132 73 12, Allapattah 277 2 36 21, 36, J, 246 Tri-Rail 36 Miami network of bus and rail lines, connecting people on NW 25 ST 238 Miami Int’l ALLAPA TTAH 95 Airport Airport 2 11 32 12, Omni Bus L, Santa Clara ALTON RD Brightline 7, 37 246 115 MIAMI INTERNATIONAL AIRPORT 42, 57 32, 95, 246 Terminal Dolphin 10, 16, 32, A A Mall 87 J, 150 Civic VENETIAN CSWY the local, county and regional level. This network THIS IS A GENERAL REFERENCE MAP. CONSULT INDIVIDUAL ROUTE MAPS FOR DETAILS. 238 238 Center A N AVE 7, 36, 71, 137, Weekends Only DOLPHIN EXPY M 211 M VENETIAN ISLANDS 338 297 12, 32 Culmer WATSON 338 836 MiamiCentral ISLAND M 238, 338 BLUE LAGOON 95, M HIBISCUS MIAMI BEACH 246 7 7, 211 Historic Overtown/ MACARTHUR CSWY 7 7 ISLAND COLLINSAVE NW 7 ST 277 Lyric Theater 7, 95, 211, STAR S 7 246 ISLAND C was initially developed in the 1980s as a response 212 LITT LE WASHINGTO FOUNTAINEBLEAU FLAGAMI W FLAGLER ST 207 51 11 Government Center 2, 7, 11, 21, Downtown 51, 77, 95, S, S 120 212 22 HAVA NA 40 SWEET WATER SW 8 ST 42 37 27 Bus Terminal 120, 207, 208, SOUTH BEACH TAMIAMI TRAIL 8 8 208 3, 21, 93 246, 277, 500 150 to traffic congestion and increased transit times. WEST Brickell 8, 24, B, 207, 208, 500 FIU Bus WESTCHES TER MIAMI THE FISHER 51 CORAL Terminal 8 ROADS ISLAND 40 TERRACE

8,11, 24, 71, 82 EXPY SW 17 AVE While there are complaints that trains and buses SW 24 ST CORAL WAY SW 42 AVE SW 37 AVE SW 27 AVE SW 22 AVE SW 12 AVE BRICKELL O SW 137 AVE SW 26 ST 500 24 24 RICKENBACKER CSWY 24 Coconut Vizcaya 56 CORAL OLYMPIA 73 57 56 Douglas Grove 12,17, 24, 500 VIRGINIA don’t go where people want or do not run with 82 HEIGHTS LUDLAM GABLES 22, 27, Road 500 KEY PALMETT AV E BIRD ROAD B SW 42 ST 40 40 82 3 7, 40, 42 TigertailS AveBayshore Dr 136, 500

SW 7 2 Grand Ave enough frequency, utilization of Miami-Dade’s 40 117 AVE 72 University SW 67 AVE SW 122 AVE SW 112 AVE SW 107 AVE SW 102 AVE SW 97 AVE SW 92 AVE SW 87 AVE SW 82 AVE SW 57 AVE 56 SW 56 ST SW MILLER DRIVE 56 56 37 40 COCONUT GROVE buses, trains and elevated lines will only continue KENDALE SUNSET 56, 500 LAKES 72 SNAPPER CREEK DR South 136 Miami 500 SOUTH MIAMI 157 AVE 152 AVE SW 72 ST EXPY SUNSET DRIVE COCOPLUM to grow as the population increases. 272 72 SW 177 AVE SW 167 AVE SW 162 AVE Connects with Metrorail Serves Park & Ride Lot Overnight Service Serves Miami International Airport Connects with Tri-Rail Connects with Brightline SW SW 37, 57 SW 80 ST AVE SW 147 72, 500 137 71 878 204 SW 88 ST KEY 272 DON KENDALLSHULA DR Dadeland North 288 8 7, 88, 104, 204, Perrine D Quail Roost Dr/SW 117 Ave BISCA YNE 288 88 1 Most rail lines run north-south like major West Kendall 272, 288, 500 104 288A KENDALL Transit Terminal 874 Dadeland South 163 St Mall, 84 St Downtown Miami B B 72,88,104 35, 71 31, 34, 38, 39, 52, 73, 2 D 104 252 THE HAMMOCKS SW 104 ST 252, 287, 500 OLD CUTLER RD 204 104 St Aventura Mall D Downtown Miami interstate highways and roads. The Metromover RED RD 3 KILLIAN DR 112 St 104 SW 112 ST 57 35 31 7 Dolphin Mall, Miami Intl Airport D Downtown Miami in Downtown/Brickell unites the different parts of 52 LUDLAM RD LUDLAM 120 St SW 72 AVE FIU Maidique Campus D Brickell Metrorail SW 120 ST 8 124 St

SW 112 AVE SW 107 AVE SW 102 AVE SW 97 AVE SW 124 ST SW 160 AVE Aventura, 163 St Mall D Downtown Miami

KROME AVE 9 the CBD. The Metrorail ties Miami-Dade’s northern 136 128 St 136 St 136 Miami RICHMOND 34 PINE CREST 10 Skylake Mall D Omni Metrobus Terminal SW 127 AVE FLORIDA’S TURNPIKE FLORIDA’S Executive SW 137 AVE HEIGHTS Airport 39 and southern suburbs with the CBD and the 52 144 St 1 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami COUNTRY WALK 57 38 SW 152 AVE SW 152 ST 252 SW 77 AVE CORAL REEF DR 12 Northside Metrorail D Mercy Hospital 252 152 St airport. The Tri-Rail regional rail line has stops in all 52 PALMETTO BAY 160 St 16 163 St Mall D Omni Metrobus Terminal 35 252 52 168 St SW 168 ST 17 Norwood D Vizcaya Metrorail RICHMOND DR SW 168 ST Zoo Miami three counties in South Florida. Brightline, a fast- 173 St SW 117 AVE (WEEKDAYS ONLY) MDC North Campus D 163 St Mall RICHMOND WEST AVE 1 19 287 SW 137 AVE SW 112 AVE W Indigo St 137 52 moving, inter-city train between the downtowns in 52 SW 184 ST 21 Northside Metrorail D Downtown Miami SW 10 7 200 EUREKA DR SW 184 ST 52 184 St 137 1 22 163 St Mall D Coconut Grove Metrorail Marlin Rd 31 D SOUTH 1 LV B MIAMI 200 CUTLER Miami, Fort Lauderdale and West Palm Beach, will N 24 CORAL WAY LIMITED - West Dade D Brickell Metrorail HEIGHTS St 200 BAY A OLD CUTLER RD E

QUAIL ROOST DR SW 200 ST SW 127 AVE 52 35 B IB 137 AR SAGA BAY DOWNTOWN27 MIAMIMiami Gardens D Coconut Grove Metrorail

C RD GALLOWAY 112 Ave 200 eventually link up to Orlando and make it easier for 31, 39 NW 18 ST 29 2(WEEKDAYS ONLY) Miami Lakes Education Center D Hialeah 137 211 3 NE 17 TERR NW 17 ST M 10 HAINLIN MILL DR SW 216 ST 216 St 35 200 246 21 NE 17 ST 16 R D

9 220 St 52 287 31 BUSWAY LOCAL - South Dade Government Center D DadelandA South Metrorail residents and visitors to travel quickly throughout 10 32 E 52 NE 16 ST R 34 10 3 O

ADRIENNE H NW 5 AVE 5 NW Carol City D Omni Metrobus Terminal A

32 S

NW 8 AVE 8 NW NW 7 CT 7 NW NE 15 ST 38 GOULDS AVE 3 NW SCHOOL ARSHT CTR Y A SILVER PALM DR SW 232 ST 232 St BOARD 10 A 246 B the region. In addition, Miami-Dade has a broad 33 Hialeah D NE 79 St/Biscayne Blvd M N 1 NW 14 ST NE 14 St SW 87 AVE 34 EPRESS (WEEKDAYOmni Bus RUSH-HOUR Terminal ONLY) Florida93 City D Dadeland South Metrorail 244 St 95 246 120 3, 16, 32, S, 120 NE 13 ST 120 M network of bus lines that connect communities to COCONUT PALM DR SW 248 ST 277 2 11 S SW 112 AVE 395 HWY 35 MDC Kendall Campus D Florida CityNE 12 ST

SW 147 AVE 77 SW 256 ST NARANJA 821 95 21 MUSEUM DIXIE 35 AVE 2 NW PARK NE 1 AVE 120 SW 152 AVE SW 157 AVE S Dolphin Mall, Doral, Miami Springs D Midtown Miami NW 11 ST 36 ELEVENTH STREET the east and west of major rail lines. PRINCETON 2 11 SW 264 ST TRANSITWAY264 St E SW 268 ST NW 10 ST HialeahNW 10 ST South Miami MetrorailNE 10 ST 9 SW 162 AVE 37 D 35 9 BROWARD COUNTY DAD SW 272 ST NE 9 ST 272 BUSWAY MAHISTORIC Dadeland South Metrorail D Florida City

SW 167 AVE 38 PARK NW 8 ST OVERTOWN/ AVE N MIAMI

St NE 8 ST WEST AVE 2 NE

2 11 BLVD BISCAYNE SW 280 ST 35A SW 280 ST LYRIC W SUNRISE BLVD SOUTH THEATRE THE REDLAND 280 39 EPRESS (WEEKDAY95 RUSH-HOUR ONLY) S Dade Govt Ctr D Dadeland South Metrorail St 3 FORT LAUDERDALE SW 288 ST MiamiCentralFREEDOM TOWER Brightline NW 6 ST AVE 5 NW 21 S 95 Ft. Lauderdale

SW 182 AVE Lakes of the Meadow, Tamiami Trail/SW 132 Ave Douglas Road Metrorail 296 St AVE 7 NW 740 211 D NW 6 STCOLLEGE W BROWARD BLVD

AV E NW 5 ST SW 296 ST 35 211 NORTH NE 5 ST Ft. Lauderdale A1A 7 WILKIE D. 42 Opa-locka Tri-Rail D Douglas Road MetrorailCOLLEGE/ N FERGUSON, JR. BAYSIDE O NW 4 ST 2 NE 4 ST 93 KROME AVE 77 SW 304 ST R 95 T

SW 15 2 7 DAVIE BLVD H LIBERTY CITY CONNECTIONNW 1 AVE (WEEKDAY RUSH-HOUR ONLY) S 46 AVE 1 NE NW 3 ST Homestead Air O R 207/208 NE 3 ST 3 S

NW 6 AVE I U V CAMPBELL DR TURNPIKE E Brownsville Metrorail D Seventh Avenue Transit Village SW 312 ST Reserve Base T R 95 35 H Government 120 312 St R D 277 NE 2 ST 1 SW 187 AVE ’S I R 95 SW 137 AVE V Center 344 HOMESTEAD E FLAGLERAVE 2 NW MA (WEEKDAYS ONLY) West Dade D Downtown Miami SW 320 ST Historic R 5177 NW 1 ST 3 9 FIRST STREET NW 1 ST D 93 120 Homestead R

34 38 AVE 6 NW FLORIDA 208 3 MIAMI 595 35 324 St 51 W FLAGLER52 STDadeland51 South MetrorailAVENUE D South7 DadeE FLAGLER Health Center ST

77 TURNPIKE FLORIDA’S SW 328 ST LUCY ST 11 3 FORT LAUDERDALE 328 St 11 SW 1 ST 120 95 FLORIDA KEYS SW 1 ST 51 207 Miami Gardens Dr/NW 87 Ave, Hialeah GardensSE 1 D ST Biscayne Blvd/NE 54 St HOLLYWOOD AIRPORT 35A 301 38 344 54 SW 2 ST2 THIRD STREET KNIGHT BAYFRONT SW 192 AVE 34, 38 CENTER PARK

FLORIDA BISCAYNE Government Center AVE 2 SE 35,35A HOMESTEAD Downtown 95 BLVD BISCAYNE GRIFFIN RD CITY 2, 7, 9, 5611, 21, 51,(WEEKDAYS ONLY) West Dade D Miami Children’s Hospital 344 St NAT’L PARK Bus Terminal SE 4 ST W PALM DR SW 344 ST W PALM DR EVERGLADES National Parks 77, 95, S, 120, 207, 207 3, 21, 93 Ft. Lauderdale-Hollywood Shuttle 301, 302 441 International Airport 344 208, 246, 277, 500 208 RIVERWALK NATIONAL PARK 57 (WEEKDAYS ONLY) Miami Intl Airport D Jackson SouthMETROBUS Hospital ROUTES Operated 302 500 STIRLING RD by City of FIFTH STREET Limited-Stop Service Homestead 62 Hialeah D BiscayneMETRORAIL Blvd / 62 St A1A

302 AVE MIAMI SE 5 ST Express Service DANIA

1 301 Key S East–West Local-Stop Service

SW 2 AVE 2 SW TOWER RD TOWER Largo SW 7 ST 71 Dolphin Mall D MDC Kendall Campus Sheridan Street 95 SHERIDAN ST SE 7 ST North–South Local-Stop Service 207 8 BRICKELL CITY 344 301 302 SW 8 ST CENTRE Local ShuttleBRICKELL or Circulator KEY Service TAFT ST CARD SOUND RD 208 Tavernier 72 West8 Kendall Terminal, Miller(EIGHTH Square D South Miami Metrorail S DIXIE HWY STREET)SE 8 ST METROBUS DESTINATIONS SW 376 ST 8, 24 HOLLYWOOD Islamorada 7395 Miami Gardens Dr & NW 73 Ave Park & Ride D DadelandService South Endpoint Metrorail - Single Route Type Hollywood SE 10 ST BRICKELLAVE 115 Service Endpoints - Multiple Route Types HOLLYWOOD BLVD

SW 1 AVE 1 SW 120, C 344 AVE 8 SW TENTH STREET 301 75 Miami Lakes Educational CenterPROMENADE D FIU Biscayne BayTerminal Campus 301 SW 11 ST Brickell 1 Big Pine Key 8, 24, B, Metrorail Station PEMBROKE RD Lower Keys Marathon 77 SWNorwood 12 ST D Downtown207/208, Miami 500 Metromover Station Shuttle SW 13 ST Operated by SE 13 ST Brightline 24 HALLANDALE BEACH BLVD Key West Transit 79 SW STREET 15 RD MA (WEEKDAYB RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach 18 MIAMI RETAIL MAJOR MARKETS REPORT Key West 500 SW 3 AVE FINANCIAL THIS IS A GENERAL REFERENCE MAP. CONSULT INDIVIDUAL ROUTE MAPS FOR DETAILS. 82 WESTCESTER CIRCULATORDISTRICT (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park 87 Palmetto Metrorail, Doral D Dadeland North Metrorail 88 Dadeland North Metrorail D West Kendall Terminal 93 BISCAYNE MA (WEEKDAYS ONLY) Downtown Miami D Aventura Mall 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) Connects with Metrorail Serves Park & Ride Lot Overnight ServiceROUTE 195: Broward Serves Blvd Miami D Downtown International Miami Airport Connects with Tri-Rail Connects with Brightline METROBUS ROUTES ROUTE 196: Sheridan St D Downtown Miami Connects with Metrorail Serves Park & Ride Lot Overnight Service Serves Miami International Airport Connects with Tri-Rail Connects with Brightline ROUTE 295: Broward Blvd D Civic Center 1 Perrine D Quail Roost Dr/SW 117 Ave ROUTE 296: Sheridan St D Civic Center 1 Perrine D Quail Roost Dr/SW 117 Ave 2 163 St Mall, 84 St D Downtown99 MiamiMiami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 2 163 St Mall, 84 St D Downtown Miami A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 3 Aventura Mall D Downtown Miami 3 Aventura Mall D Downtown Miami B ROUTE 102: Brickell Metrorail D Key Biscayne 7 Dolphin Mall, Miami Intl Airport D Downtown Miami 7 Dolphin Mall, Miami Intl Airport D Downtown Miami C ROUTE 103: South Beach D Mt. Sinai Medical Center 8 FIU Maidique Campus D Brickell Metrorail 8 FIU Maidique Campus D Brickell104 MetrorailWest Kendall Terminal D Dadeland North Metrorail 9 Aventura, 163 St Mall D Downtown Miami 9 Aventura, 163 St Mall D DowntownE MiamiROUTE 105: Golden Glades D Hallandale Beach 10 Skylake Mall D Omni Metrobus Terminal 10 Skylake Mall D Omni Metrobus GTerminalROUTE 107: 94 St / Miami Beach D MDC North Campus 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami H ROUTE 108: 163 Street Mall D Haulover Park 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami 12 Northside Metrorail D Mercy Hospital J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach 12 Northside Metrorail D Mercy Hospital 16 163 St Mall D Omni Metrobus Terminal L ROUTE 112: Lincoln Rd D Hialeah Metrorail 17 Norwood D Vizcaya Metrorail 16 163 St Mall D Omni Metrobus TerminalM ROUTE 113: Civic Center D Mt. Sinai Hospital 19 (WEEKDAYS ONLY) MDC North Campus D 163 St Mall 17 Norwood D Vizcaya Metrorail 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd 21 Northside Metrorail D Downtown Miami 19 (WEEKDAYS ONLY) MDC North CampusS ROUTE D 163 119: St Downtown Mall Miami D Aventura Mall 22 163 St Mall D Coconut Grove Metrorail 120 BEAC MA Downtown Miami D Haulover Park, Aventura Mall 21 Northside Metrorail D Downtown Miami 24 CORAL WAY LIMITED - West Dade D Brickell Metrorail 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 22 163 St Mall D Coconut Grove Metrorail 27 Miami Gardens D Coconut Grove Metrorail 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus 29 (WEEKDAYS ONLY) Miami Lakes Education Center D Hialeah 24 CORAL WAY LIMITED - West Dade136 D Brickell(WEEKDAY Metrorail RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail 31 BUSWAY LOCAL - South Dade Government Center D Dadeland South Metrorail 27 Miami Gardens D Coconut Grove137 MetrorailWEST DADE CONNECTION Dolphin Mall D South Dade Gov Center 32 Carol City D Omni Metrobus Terminal 29 (WEEKDAYS ONLY) Miami Lakes1 50EducationMIAMI Center BEAC D AIRPORT Hialeah EPRESS Miami Intl Airport D South Beach 33 Hialeah D NE 79 St/Biscayne Blvd 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) 31 BUSWAY LOCAL - South Dade Government Center D Dadeland South Metrorail 34 EPRESS (WEEKDAY RUSH-HOUR ONLY) Florida City D Dadeland South Metrorail 183 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall Carol City Omni Metrobus Terminal 35 MDC Kendall Campus D Florida City 32 D 200 CUTLER BAY LOCAL (NO SUNDAYS) 36 Dolphin Mall, Doral, Miami Springs D Midtown Miami 33 Hialeah D NE 79 St/Biscayne Blvd202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 37 Hialeah D South Miami Metrorail 34 EPRESS (WEEKDAY RUSH-HOUR204 ONLY)KILLIAN Florida KAT (WEEKDAY City D RUSH-HOURDadeland South ONLY) WestMetrorail Kendall Terminal D Dadeland North Metrorail 38 BUSWAY MA Dadeland South Metrorail D Florida City 207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 35 MDC Kendall Campus D Florida City 39 EPRESS (WEEKDAY RUSH-HOUR ONLY) S Dade Govt Ctr D Dadeland South Metrorail 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave via W Flagler St & SW 8 St 36 Dolphin Mall, Doral, Miami Springs D Midtown Miami 40 Lakes of the Meadow, Tamiami Trail/SW 132 Ave D Douglas Road Metrorail 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 42 Opa-locka Tri-Rail D Douglas Road Metrorail 37 Hialeah D South Miami Metrorail211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 46 LIBERTY CITY CONNECTION (WEEKDAY RUSH-HOUR ONLY) 38 BUSWAY MA Dadeland South212 MetrorailSWEETWATER D Florida CIRCULATOR City (WEEKDAYS ONLY) Brownsville Metrorail D Seventh Avenue Transit Village EPRESS (WEEKDAY RUSH-HOUR217 ONLY)BUNCE S DadePARK CIRCULATORGovt Ctr D (WEEKDAYS Dadeland ONLY) South NW Metrorail 127 St / 22 Ave D N Dade Health Center 51 FLAGLER MA (WEEKDAYS ONLY) West Dade D Downtown Miami 39 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 52 Dadeland South Metrorail D South Dade Health Center 40 Lakes of the Meadow, Tamiami Trail/SW 132 Ave D Douglas Road Metrorail 246 NIGT OWL Downtown Miami D 163 St Mall 54 Miami Gardens Dr/NW 87 Ave, Hialeah Gardens D Biscayne Blvd/NE 54 St 42 Opa-locka Tri-Rail D Douglas Road Metrorail 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 56 (WEEKDAYS ONLY) West Dade D Miami Children’s Hospital 46 LIBERTY CITY CONNECTION (WEEKDAY RUSH-HOUR ONLY) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah (Thursday only) 57 (WEEKDAYS ONLY) Miami Intl Airport D Jackson South Hospital Brownsville Metrorail D Seventh Avenue Transit Village 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail 62 Hialeah D Biscayne Blvd / 62 St 51 FLAGLER MA (WEEKDAYS ONLY) West Dade D Downtown Miami 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 71 Dolphin Mall D MDC Kendall Campus 52 Dadeland South Metrorail D South Dade Health Center 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 72 West Kendall Terminal, Miller Square D South Miami Metrorail 54 Miami Gardens Dr/NW 87 Ave, Hialeah286 NORT Gardens POINTE D Biscayne CIRCULATOR Blvd/NE (NO SUNDAYS) 54 St Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 73 Miami Gardens Dr & NW 73 Ave Park & Ride D Dadeland South Metrorail 56 (WEEKDAYS ONLY) West Dade D287 MiamiSAGA Children’s BAY MA Hospital WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail 75 Miami Lakes Educational Center D FIU Biscayne Bay Campus (WEEKDAYS ONLY) Miami Intl Airport288 DKENDALL Jackson CRUISER South (WEEKDAY Hospital RUSH-HOUR ONLY) 77 Norwood D Downtown Miami 57 West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 79 STREET MA (WEEKDAY RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach 62 Hialeah D Biscayne Blvd / 62 St297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 82 WESTCESTER CIRCULATOR (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park 71 Dolphin Mall D MDC Kendall Campus301 DADEMONROE EPRESS Florida City D Marathon Key 87 Palmetto Metrorail, Doral D Dadeland North Metrorail 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 72 West Kendall Terminal, Miller Square D South Miami Metrorail 88 Dadeland North Metrorail D West Kendall Terminal 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 73 Miami Gardens Dr & NW 73 Ave Park & Ride D Dadeland South Metrorail 93 BISCAYNE MA (WEEKDAYS ONLY) Downtown Miami D Aventura Mall 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) 75 Miami Lakes Educational Center500 D FIUMIDNIGT Biscayne OWL Bay Dadeland Campus South Metrorail D Downtown Miami Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) 77 Norwood D Downtown Miami ROUTE 195: Broward Blvd D Downtown Miami 79 STREET MA (WEEKDAY RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach ROUTE 196: Sheridan St D Downtown Miami ROUTE 295: Broward Blvd D Civic Center 82 WESTCESTER CIRCULATOR (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park ROUTE 296: Sheridan St D Civic Center Palmetto Metrorail, Doral D Dadeland North Metrorail 99 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 87 A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 88 Dadeland North Metrorail D West Kendall Terminal B ROUTE 102: Brickell Metrorail D Key BiscayneSPECIFIC ROUTE INFORMATION93 BISCAYNE MA (WEEKDAYS / TRIP ONLY) PLANNING:Downtown Miami D Aventura Mall C ROUTE 103: South Beach D Mt. Sinai Medical Center 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) 104 West Kendall Terminal D Dadeland North Metrorail Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center www.miamidade.gov/transit MDT Tracker App 311 OR 305.468.5900 TDD/FLORIDA RELAY: 711 E ROUTE 105: Golden Glades D Hallandale Beach EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) ROUTE 195: Broward Blvd D Downtown Miami G ROUTE 107: 94 St / Miami Beach D MDC North Campus ROUTE 196: Sheridan St D Downtown Miami H ROUTE 108: 163 Street Mall D Haulover Park ROUTE 295: Broward Blvd D Civic Center J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach @GoMiamiDade ROUTE EASY 296: Sheridan PAY MIAMISt D Civic Center | MDT TRANSIT WATCH L ROUTE 112: Lincoln Rd D Hialeah Metrorail 99 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall ROUTE 113: Civic Center Mt. Sinai Hospital DEPARTMENT OF TRANSPORTATION AND PUBLIC WORKS M D A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd B ROUTE 102: Brickell Metrorail D Key Biscayne S ROUTE 119: Downtown Miami D Aventura Mall ROUTE 103: South Beach D Mt. Sinai Medical Center 120 BEAC MA Downtown Miami D Haulover Park, Aventura Mall C 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 104 West Kendall Terminal D Dadeland North Metrorail 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus E ROUTE 105: Golden Glades D Hallandale Beach 136 (WEEKDAY RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail G ROUTE 107: 94 St / Miami Beach D MDC North Campus 137 WEST DADE CONNECTION Dolphin Mall D South Dade Gov Center H ROUTE 108: 163 Street Mall D Haulover Park 150 MIAMI BEAC AIRPORT EPRESS Miami Intl Airport D South Beach 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach 183 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall L ROUTE 112: Lincoln Rd D Hialeah Metrorail 200 CUTLER BAY LOCAL (NO SUNDAYS) M ROUTE 113: Civic Center D Mt. Sinai Hospital 202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd 204 KILLIAN KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail S ROUTE 119: Downtown Miami D Aventura Mall 207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave120 via W FlaglerBEAC St MA& SW 8 Downtown St Miami D Haulover Park, Aventura Mall 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus 212 SWEETWATER CIRCULATOR (WEEKDAYS ONLY) 136 (WEEKDAY RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail 217 BUNCE PARK CIRCULATOR (WEEKDAYS ONLY) NW 127 St / 22 Ave D N Dade Health Center 137 WEST DADE CONNECTION Dolphin Mall D South Dade Gov Center 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 246 NIGT OWL Downtown Miami D 163 St Mall 150 MIAMI BEAC AIRPORT EPRESS Miami Intl Airport D South Beach 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah183 (ThursdayMiami only) Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail200 CUTLER BAY LOCAL (NO SUNDAYS) 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 204 KILLIAN KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 286 NORT POINTE CIRCULATOR (NO SUNDAYS) Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 287 SAGA BAY MA WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 288 KENDALL CRUISER (WEEKDAY RUSH-HOUR ONLY) 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave via W Flagler St & SW 8 St West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 301 DADEMONROE EPRESS Florida City D Marathon Key 211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 212 SWEETWATER CIRCULATOR (WEEKDAYS ONLY) 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 217 BUNCE PARK CIRCULATOR (WEEKDAYS ONLY) NW 127 St / 22 Ave D N Dade Health Center 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 500 MIDNIGT OWL Dadeland South Metrorail D Downtown Miami 246 NIGT OWL Downtown Miami D 163 St Mall 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah (Thursday only) 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 286 NORT POINTE CIRCULATOR (NO SUNDAYS) Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 287 SAGA BAY MA WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail 288 KENDALL CRUISER (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 301 DADEMONROE EPRESS Florida City D Marathon Key 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 500 MIDNIGT OWL Dadeland South Metrorail D Downtown Miami HALLANDALE BEACH BLVD E MIRAMAR PKWY E E 95 BROWARD COUNTY K I

NW 215 ST 99 P MIAMI-DADE COUNTY NW 211 ST N

R 95 U TO FORT TO LAUDERDALE NE 207 ST T

D NE 205 ST GOLDEN

S E NW 206 ST 297 ’ R BEACH NW 2 AVE NE 203 ST NE 2 AVE Y The Bus Terminal A RED ROAD 27 27 IR AVE NE 12 D A at Aventura Mall NW 202 ST I IVES D R

FLAMINGO RD FLAMINGO NW 199 ST O 99 3,9 WI LLIAM LEHMAN CSWY 199 ST99 L M IAMI GARDENS F 183 17 210 95 E,S NE 192 ST 99,183

NW 52 AVE NW 52 NW 191 ST NW 47 AVE NW 47 NW 191 ST 95 99 MIAM 75 NE 186 ST NW 186 ST I GA 32 93, 95, 120

RDENS DR AV E AV E NW 183 ST 183 MIAMI GARDENS DR NORTH E 73 42 2,3 16 MIAMI-DADE COUNTY 54 32 95 MIAMI 267 286 CAROL 77 9,10 19 AVENTURA 120 286 NW

e NW 87 AVE 75 22

MIAMI v 217 155 19 75 ISLES

29 A

LUDLAM RD LUDLAM LAKES 77

7 OPA-LOCKA BEACH

3 NW 156 ST 155

IG WEST BRO A AVE COLLINS N 27 D CSW ISLANDS

32 17 E W 24 AVE 246 17 VILLAGE SURFSIDE NW 106 ST 37 135 2 N NW 32 AVE East–West Local-Stop Service W 49 ST NW 37 AVE NW 103 ST Y 33 54 E A 85 ST 115

NE 6 AVE C

33 AV IS North–South Local-Stop Service 33 B 32 17 77 ST E 4 AVE E 8 AVE

Local Shuttle or Circulator Service W 8 AVE W 4 AVE HAWTHORNE AVE HAWTHORNE W 16 AVE W 12 AVE Metrorail Brightline (Virgin Trains) 71 ST N MIAMI N MIAMI NE 2 AVE PALM AVE PALM NW 27 AVE NW 22 AVE NW 17 AVE

Transfer NW 7 AVE METROBUS DESTINATIONS 54 NW 2 AVE EL PORTAL L 79 12, 79 21 202 WY 29 CS MEDLEY 29, 37 Tri-Rail42, L 32, EDY Palmetto87 HIAL EAH 54, L Northside L NW 79 St CSWY JOHN F. KENN 8, 24 NW 79 ST Service Endpoint - Single Route Type NW 74 ST 135 79 202 33 NORTH BAY 115 AVE NW 12 120, C Service Endpoints - Multiple Route Types 42 77 10 3 VILLAGE 120 Vision & Reality Hialeah 22 17 12 267 NW 62 ST Dr. Martin Luther King, Jr. 46 9 62 Okeechobee73, 62 46 Edmonson EXPY NW 107 AVE Terminal NW 97 AVE NW 87 AVE 29 2 7, 62, 297 NW 58 ST MIA MI SPRINGS LIBER TY 27, Transit 46, 62, LITTLE S 254 7 7, 277 O Village 115 FLORIDA’S FLORIDA’S TURNPIKE CITY HAITI 36 62 NW 54 ST 54, 297246 South Florida is excited about the possibilities that Brightline brings Park and Ride Lot 36 54 254 Brownsville 54 254 46 254 95 95 South Dade TransitWay Station 37 Hialeah 46 NW 41 ST / DORAL BLVD Earlington Heights21 202 C,M

SW 72 AVE Market 17, 22, PALMETT SW 67 AVE 132 41 ST 36 SW 62 AVE NW 36 ST 246 JULIA TUTTLE CSWY to the region. Brightline, which will soon become Virgin Trains USA Metrorail & Station - Routes Serving Station 132 150 22, 27 95 J J DORAL 132 73 12, Allapattah 277 2 36 21, 36, J, 246 Tri-Rail 36 Miami NW 25 ST 238 Miami Int’l ALLAPA TTAH 95 after an investment by Richard Branson’s Virgin Group, looks to Airport Airport 2 11 32 12, Omni Bus L, Santa Clara ALTON RD Brightline 7, 37 246 115 MIAMI INTERNATIONAL AIRPORT 42, 57 32, 95, 246 Terminal Dolphin 10, 16, 32, A A Mall 87 J, 150 Civic VENETIAN CSWY THIS IS A GENERAL REFERENCE MAP. CONSULT INDIVIDUAL ROUTE MAPS FOR DETAILS. 238 238 Center A N AVE the future for its growth. The new inter-city express train provides 7, 36, 71, 137, Weekends Only DOLPHIN EXPY M 211 M VENETIAN ISLANDS 338 297 12, 32 Culmer WATSON 338 836 MiamiCentral ISLAND M 238, 338 BLUE LAGOON 95, M HIBISCUS MIAMI BEACH 246 7 7, 211 Historic Overtown/ MACARTHUR CSWY 7 7 ISLAND COLLINSAVE NW 7 ST 277 Lyric Theater 7, 95, 211, STAR S 7 246 ISLAND C 212 LITT LE WASHINGTO a premium traveling experience that currently links downtown FOUNTAINEBLEAU FLAGAMI W FLAGLER ST 207 51 11 Government Center 2, 7, 11, 21, Downtown 51, 77, 95, S, S 120 212 22 HAVA NA 40 SWEET WATER SW 8 ST 42 37 27 Bus Terminal 120, 207, 208, SOUTH BEACH TAMIAMI TRAIL 8 8 208 3, 21, 93 246, 277, 500 150 WEST Miami to Fort Lauderdale and West Palm Beach, with a future leg Brickell 8, 24, B, 207, 208, 500 FIU Bus WESTCHES TER MIAMI THE FISHER 51 CORAL Terminal 8 ROADS ISLAND 40 TERRACE

8,11, 24, 71, 82 EXPY SW 17 AVE SW 24 ST CORAL WAY SW 42 AVE SW 37 AVE SW 27 AVE SW 22 AVE SW 12 AVE BRICKELL to Orlando and potentially to Tampa. Each station in South Florida O SW 137 AVE SW 26 ST 500 24 24 RICKENBACKER CSWY 24 Coconut Vizcaya 56 CORAL OLYMPIA 73 57 56 Douglas Grove 12,17, 24, 500 VIRGINIA 82 HEIGHTS LUDLAM GABLES 22, 27, is in the urban core, and is situated in order to connect and engage Road 500 KEY PALMETT AV E BIRD ROAD B SW 42 ST 40 40 82 3 7, 40, 42 TigertailS AveBayshore Dr 136, 500

SW 7 2 Grand Ave 40 117 AVE with surrounding neighborhoods. 72 University SW 67 AVE SW 122 AVE SW 112 AVE SW 107 AVE SW 102 AVE SW 97 AVE SW 92 AVE SW 87 AVE SW 82 AVE SW 57 AVE 56 SW 56 ST SW MILLER DRIVE 56 56 37 40 COCONUT GROVE KENDALE SUNSET 56, 500 LAKES 72 SNAPPER CREEK DR South 500 136 For Miami, the vision and realty for MiamiCentral, the southern Miami SOUTH MIAMI 157 AVE 152 AVE SW 72 ST EXPY SUNSET DRIVE COCOPLUM 272 72

SW 177 AVE SW 167 AVE SW 162 AVE Connects with Metrorail Serves Park & Ride Lot Overnight Service Serves Miami International Airport Connects with Tri-Rail Connects with Brightline SW SW 37, 57 SW 80 ST AVE SW 147 72, 500 terminus for Brightline, is a multimodal facility that combines 137 71 878 204 SW 88 ST KEY 272 DON KENDALLSHULA DR Dadeland North 288 8 7, 88, 104, 204, Perrine D Quail Roost Dr/SW 117 Ave BISCA YNE 288 88 1 West Kendall 272, 288, 500 different transportation options to tie travelers to every city and 104 288A KENDALL Transit Terminal 874 Dadeland South 163 St Mall, 84 St Downtown Miami B B 72,88,104 35, 71 31, 34, 38, 39, 52, 73, 2 D 104 252 THE HAMMOCKS SW 104 ST 252, 287, 500 OLD CUTLER RD 204 104 St Aventura Mall D Downtown Miami RED RD 3 community in the county. The station is conveniently located near KILLIAN DR 112 St 104 SW 112 ST 57 35 31 7 Dolphin Mall, Miami Intl Airport D Downtown Miami 52 the central business district, Museum Park, American Airlines Arena LUDLAM RD LUDLAM 120 St SW 72 AVE FIU Maidique Campus D Brickell Metrorail SW 120 ST 8 124 St

SW 112 AVE SW 107 AVE SW 102 AVE SW 97 AVE SW 124 ST SW 160 AVE Aventura, 163 St Mall D Downtown Miami

KROME AVE 9 136 128 St and the cruise ships at PortMiami. It is also a short walk, bike or car 136 St 136 Miami RICHMOND 34 PINE CREST 10 Skylake Mall D Omni Metrobus Terminal SW 127 AVE FLORIDA’S TURNPIKE FLORIDA’S Executive SW 137 AVE HEIGHTS Airport 39 52 144 St 1 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami ride to several of Miami-Dade more unique districts, including Little COUNTRY WALK 57 38 SW 152 AVE SW 152 ST 252 SW 77 AVE CORAL REEF DR 12 Northside Metrorail D Mercy Hospital 252 152 St 52 PALMETTO BAY Havana, Brickell and Wynwood. 160 St 16 163 St Mall D Omni Metrobus Terminal 35 252 52 168 St SW 168 ST 17 Norwood D Vizcaya Metrorail RICHMOND DR SW 168 ST Zoo Miami 173 St SW 117 AVE (WEEKDAYS ONLY) MDC North Campus D 163 St Mall RICHMOND WEST AVE 1 19 More importantly, Brightline is providing a catalyst for new retail 287 SW 137 AVE SW 112 AVE W Indigo St 137 52 52 SW 184 ST 21 Northside Metrorail D Downtown Miami

SW 10 7 200 EUREKA DR SW 184 ST 52 184 St options tied to massive mixed-use projects popping up around 137 1 22 163 St Mall D Coconut Grove Metrorail Marlin Rd 31 D SOUTH 1 LV B MIAMI 200 CUTLER N 24 CORAL WAY LIMITED - West Dade D Brickell Metrorail HEIGHTS St 200 BAY A OLD CUTLER RD E each station. These projects provide needed foot traffic and QUAIL ROOST DR SW 200 ST SW 127 AVE 52 35 B IB 137 AR SAGA BAY DOWNTOWN27 MIAMIMiami Gardens D Coconut Grove Metrorail

C RD GALLOWAY 112 Ave 200 31, 39 NW 18 ST 29 2(WEEKDAYS ONLY) Miami Lakes Education Center D Hialeah density that most retailers need to survive and thrive. As the line 137 211 3 NE 17 TERR NW 17 ST M 10 HAINLIN MILL DR SW 216 ST 216 St 35 200 246 21 NE 17 ST 16 R D

9 220 St 52 287 31 BUSWAY LOCAL - South Dade Government Center D DadelandA South Metrorail 10 32 E 52 NE 16 ST R 34 10 3 O expands northward to Orlando, additional stops could be added ADRIENNE H NW 5 AVE 5 NW Carol City D Omni Metrobus Terminal A

32 S

NW 8 AVE 8 NW NW 7 CT 7 NW NE 15 ST 38 GOULDS AVE 3 NW SCHOOL ARSHT CTR Y A SILVER PALM DR SW 232 ST 232 St BOARD 10 A 246 B 33 Hialeah D NE 79 St/Biscayne Blvd M N 1 NW 14 ST NE 14 St in South Florida, including Wynwood in Miami-Dade, which could SW 87 AVE 34 EPRESS (WEEKDAYOmni Bus RUSH-HOUR Terminal ONLY) Florida93 City D Dadeland South Metrorail 244 St 95 246 120 3, 16, 32, S, 120 NE 13 ST 120 M COCONUT PALM DR SW 248 ST 277 2 11 S SW 112 AVE 395 HWY 35 MDC Kendall Campus D Florida CityNE 12 ST spark additional demand and development along the line.

SW 147 AVE 77 SW 256 ST NARANJA 821 95 21 MUSEUM DIXIE 35 AVE 2 NW PARK NE 1 AVE 120 SW 152 AVE SW 157 AVE S Dolphin Mall, Doral, Miami Springs D Midtown Miami NW 11 ST 36 ELEVENTH STREET PRINCETON 2 11 SW 264 ST TRANSITWAY264 St E SW 268 ST NW 10 ST HialeahNW 10 ST South Miami MetrorailNE 10 ST 9 SW 162 AVE 37 D 35 9 BROWARD COUNTY DAD SW 272 ST NE 9 ST 272 BUSWAY MAHISTORIC Dadeland South Metrorail D Florida City

SW 167 AVE 38 PARK NW 8 ST OVERTOWN/ AVE N MIAMI

St NE 8 ST WEST AVE 2 NE

SW 182 AVE Lakes of the Meadow, Tamiami Trail/SW 132 Ave Douglas Road Metrorail 296 St AVE 7 NW 740 211 D NW 6 STCOLLEGE W BROWARD BLVD

SW 15 2 7 DAVIE BLVD H LIBERTY CITY CONNECTIONNW 1 AVE (WEEKDAY RUSH-HOUR ONLY) S 46 AVE 1 NE NW 3 ST Homestead Air O R 207/208 NE 3 ST 3 S

34 38 AVE 6 NW FLORIDA 208 3 MIAMI 595 35 324 St 51 W FLAGLER52 STDadeland51 South MetrorailAVENUE D South7 DadeE FLAGLER Health Center ST

302 AVE MIAMI SE 5 ST Express Service DANIA

1 301 Key S East–West Local-Stop Service

SW 1 AVE 1 SW 120, C 344 AVE 8 SW TENTH STREET 301 75 Miami Lakes Educational CenterPROMENADE D FIU Biscayne BayTerminal Campus 301 SW 11 ST Brickell 1 Big Pine Key 8, 24, B, Metrorail Station PEMBROKE RD Lower Keys Marathon 77 SWNorwood 12 ST D Downtown207/208, Miami 500 Metromover Station Shuttle SW 13 ST Operated by 24 SE 13 ST Brightline Key West Transit STREET MA (WEEKDAYB RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach HALLANDALE BEACH BLVD Key West 79500 SW 15 RD 2018-2019 EDITION 19 SW 3 AVE FINANCIAL THIS IS A GENERAL REFERENCE MAP. CONSULT INDIVIDUAL ROUTE MAPS FOR DETAILS. 82 WESTCESTER CIRCULATORDISTRICT (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park 87 Palmetto Metrorail, Doral D Dadeland North Metrorail 88 Dadeland North Metrorail D West Kendall Terminal 93 BISCAYNE MA (WEEKDAYS ONLY) Downtown Miami D Aventura Mall 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) Connects with Metrorail Serves Park & Ride Lot Overnight ServiceROUTE 195: Broward Serves Blvd Miami D Downtown International Miami Airport Connects with Tri-Rail Connects with Brightline METROBUS ROUTES ROUTE 196: Sheridan St D Downtown Miami Connects with Metrorail Serves Park & Ride Lot Overnight Service Serves Miami International Airport Connects with Tri-Rail Connects with Brightline ROUTE 295: Broward Blvd D Civic Center 1 Perrine D Quail Roost Dr/SW 117 Ave ROUTE 296: Sheridan St D Civic Center 1 Perrine D Quail Roost Dr/SW 117 Ave 2 163 St Mall, 84 St D Downtown99 MiamiMiami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 2 163 St Mall, 84 St D Downtown Miami A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 3 Aventura Mall D Downtown Miami 3 Aventura Mall D Downtown Miami B ROUTE 102: Brickell Metrorail D Key Biscayne 7 Dolphin Mall, Miami Intl Airport D Downtown Miami 7 Dolphin Mall, Miami Intl Airport D Downtown Miami C ROUTE 103: South Beach D Mt. Sinai Medical Center 8 FIU Maidique Campus D Brickell Metrorail 8 FIU Maidique Campus D Brickell104 MetrorailWest Kendall Terminal D Dadeland North Metrorail 9 Aventura, 163 St Mall D Downtown Miami 9 Aventura, 163 St Mall D DowntownE MiamiROUTE 105: Golden Glades D Hallandale Beach 10 Skylake Mall D Omni Metrobus Terminal 10 Skylake Mall D Omni Metrobus GTerminalROUTE 107: 94 St / Miami Beach D MDC North Campus 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami H ROUTE 108: 163 Street Mall D Haulover Park 11 FIU Maidique Campus, Mall of the Americas D Downtown Miami 12 Northside Metrorail D Mercy Hospital J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach 12 Northside Metrorail D Mercy Hospital 16 163 St Mall D Omni Metrobus Terminal L ROUTE 112: Lincoln Rd D Hialeah Metrorail 17 Norwood D Vizcaya Metrorail 16 163 St Mall D Omni Metrobus TerminalM ROUTE 113: Civic Center D Mt. Sinai Hospital 19 (WEEKDAYS ONLY) MDC North Campus D 163 St Mall 17 Norwood D Vizcaya Metrorail 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd 21 Northside Metrorail D Downtown Miami 19 (WEEKDAYS ONLY) MDC North CampusS ROUTE D 163 119: St Downtown Mall Miami D Aventura Mall 22 163 St Mall D Coconut Grove Metrorail 120 BEAC MA Downtown Miami D Haulover Park, Aventura Mall 21 Northside Metrorail D Downtown Miami 24 CORAL WAY LIMITED - West Dade D Brickell Metrorail 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 22 163 St Mall D Coconut Grove Metrorail 27 Miami Gardens D Coconut Grove Metrorail 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus 29 (WEEKDAYS ONLY) Miami Lakes Education Center D Hialeah 24 CORAL WAY LIMITED - West Dade136 D Brickell(WEEKDAY Metrorail RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail 31 BUSWAY LOCAL - South Dade Government Center D Dadeland South Metrorail 27 Miami Gardens D Coconut Grove137 MetrorailWEST DADE CONNECTION Dolphin Mall D South Dade Gov Center 32 Carol City D Omni Metrobus Terminal 29 (WEEKDAYS ONLY) Miami Lakes1 50EducationMIAMI Center BEAC D AIRPORT Hialeah EPRESS Miami Intl Airport D South Beach 33 Hialeah D NE 79 St/Biscayne Blvd 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) 31 BUSWAY LOCAL - South Dade Government Center D Dadeland South Metrorail 34 EPRESS (WEEKDAY RUSH-HOUR ONLY) Florida City D Dadeland South Metrorail 183 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall Carol City Omni Metrobus Terminal 35 MDC Kendall Campus D Florida City 32 D 200 CUTLER BAY LOCAL (NO SUNDAYS) 36 Dolphin Mall, Doral, Miami Springs D Midtown Miami 33 Hialeah D NE 79 St/Biscayne Blvd202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 37 Hialeah D South Miami Metrorail 34 EPRESS (WEEKDAY RUSH-HOUR204 ONLY)KILLIAN Florida KAT (WEEKDAY City D RUSH-HOURDadeland South ONLY) WestMetrorail Kendall Terminal D Dadeland North Metrorail 38 BUSWAY MA Dadeland South Metrorail D Florida City 207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 35 MDC Kendall Campus D Florida City 39 EPRESS (WEEKDAY RUSH-HOUR ONLY) S Dade Govt Ctr D Dadeland South Metrorail 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave via W Flagler St & SW 8 St 36 Dolphin Mall, Doral, Miami Springs D Midtown Miami 40 Lakes of the Meadow, Tamiami Trail/SW 132 Ave D Douglas Road Metrorail 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 42 Opa-locka Tri-Rail D Douglas Road Metrorail 37 Hialeah D South Miami Metrorail211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 46 LIBERTY CITY CONNECTION (WEEKDAY RUSH-HOUR ONLY) 38 BUSWAY MA Dadeland South212 MetrorailSWEETWATER D Florida CIRCULATOR City (WEEKDAYS ONLY) Brownsville Metrorail D Seventh Avenue Transit Village EPRESS (WEEKDAY RUSH-HOUR217 ONLY)BUNCE S DadePARK CIRCULATORGovt Ctr D (WEEKDAYS Dadeland ONLY) South NW Metrorail 127 St / 22 Ave D N Dade Health Center 51 FLAGLER MA (WEEKDAYS ONLY) West Dade D Downtown Miami 39 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 52 Dadeland South Metrorail D South Dade Health Center 40 Lakes of the Meadow, Tamiami Trail/SW 132 Ave D Douglas Road Metrorail 246 NIGT OWL Downtown Miami D 163 St Mall 54 Miami Gardens Dr/NW 87 Ave, Hialeah Gardens D Biscayne Blvd/NE 54 St 42 Opa-locka Tri-Rail D Douglas Road Metrorail 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 56 (WEEKDAYS ONLY) West Dade D Miami Children’s Hospital 46 LIBERTY CITY CONNECTION (WEEKDAY RUSH-HOUR ONLY) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah (Thursday only) 57 (WEEKDAYS ONLY) Miami Intl Airport D Jackson South Hospital Brownsville Metrorail D Seventh Avenue Transit Village 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail 62 Hialeah D Biscayne Blvd / 62 St 51 FLAGLER MA (WEEKDAYS ONLY) West Dade D Downtown Miami 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 71 Dolphin Mall D MDC Kendall Campus 52 Dadeland South Metrorail D South Dade Health Center 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 72 West Kendall Terminal, Miller Square D South Miami Metrorail 54 Miami Gardens Dr/NW 87 Ave, Hialeah286 NORT Gardens POINTE D Biscayne CIRCULATOR Blvd/NE (NO SUNDAYS) 54 St Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 73 Miami Gardens Dr & NW 73 Ave Park & Ride D Dadeland South Metrorail 56 (WEEKDAYS ONLY) West Dade D287 MiamiSAGA Children’s BAY MA Hospital WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail 75 Miami Lakes Educational Center D FIU Biscayne Bay Campus (WEEKDAYS ONLY) Miami Intl Airport288 DKENDALL Jackson CRUISER South (WEEKDAY Hospital RUSH-HOUR ONLY) 77 Norwood D Downtown Miami 57 West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 79 STREET MA (WEEKDAY RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach 62 Hialeah D Biscayne Blvd / 62 St297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 82 WESTCESTER CIRCULATOR (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park 71 Dolphin Mall D MDC Kendall Campus301 DADEMONROE EPRESS Florida City D Marathon Key 87 Palmetto Metrorail, Doral D Dadeland North Metrorail 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 72 West Kendall Terminal, Miller Square D South Miami Metrorail 88 Dadeland North Metrorail D West Kendall Terminal 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 73 Miami Gardens Dr & NW 73 Ave Park & Ride D Dadeland South Metrorail 93 BISCAYNE MA (WEEKDAYS ONLY) Downtown Miami D Aventura Mall 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) 75 Miami Lakes Educational Center500 D FIUMIDNIGT Biscayne OWL Bay Dadeland Campus South Metrorail D Downtown Miami Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) 77 Norwood D Downtown Miami ROUTE 195: Broward Blvd D Downtown Miami 79 STREET MA (WEEKDAY RUSH-HOUR ONLY) Northside Metrorail D 72 St / Miami Beach ROUTE 196: Sheridan St D Downtown Miami ROUTE 295: Broward Blvd D Civic Center 82 WESTCESTER CIRCULATOR (WEEKDAYS ONLY) FIU Maidique Campus D Tropical Park ROUTE 296: Sheridan St D Civic Center Palmetto Metrorail, Doral D Dadeland North Metrorail 99 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 87 A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 88 Dadeland North Metrorail D West Kendall Terminal B ROUTE 102: Brickell Metrorail D Key BiscayneSPECIFIC ROUTE INFORMATION93 BISCAYNE MA (WEEKDAYS / TRIP ONLY) PLANNING:Downtown Miami D Aventura Mall C ROUTE 103: South Beach D Mt. Sinai Medical Center 95 EPRESS GOLDEN GLADES (WEEKDAY RUSH-HOUR ONLY) 104 West Kendall Terminal D Dadeland North Metrorail Carol City, Aventura Mall, Golden Glades D Downtown Miami, Civic Center www.miamidade.gov/transit MDT Tracker App 311 OR 305.468.5900 TDD/FLORIDA RELAY: 711 E ROUTE 105: Golden Glades D Hallandale Beach EPRESS DADE BROWARD (WEEKDAY RUSH-HOUR ONLY) ROUTE 195: Broward Blvd D Downtown Miami G ROUTE 107: 94 St / Miami Beach D MDC North Campus ROUTE 196: Sheridan St D Downtown Miami H ROUTE 108: 163 Street Mall D Haulover Park ROUTE 295: Broward Blvd D Civic Center J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach @GoMiamiDade ROUTE EASY 296: Sheridan PAY MIAMISt D Civic Center | MDT TRANSIT WATCH L ROUTE 112: Lincoln Rd D Hialeah Metrorail 99 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall ROUTE 113: Civic Center Mt. Sinai Hospital DEPARTMENT OF TRANSPORTATION AND PUBLIC WORKS M D A ROUTE 101: Omni D 20th Street & West Avenue / Miami Beach 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd B ROUTE 102: Brickell Metrorail D Key Biscayne S ROUTE 119: Downtown Miami D Aventura Mall ROUTE 103: South Beach D Mt. Sinai Medical Center 120 BEAC MA Downtown Miami D Haulover Park, Aventura Mall C 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 104 West Kendall Terminal D Dadeland North Metrorail 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus E ROUTE 105: Golden Glades D Hallandale Beach 136 (WEEKDAY RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail G ROUTE 107: 94 St / Miami Beach D MDC North Campus 137 WEST DADE CONNECTION Dolphin Mall D South Dade Gov Center H ROUTE 108: 163 Street Mall D Haulover Park 150 MIAMI BEAC AIRPORT EPRESS Miami Intl Airport D South Beach 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) J ROUTE 110: Miami Intl Airport D 41 St / Miami Beach 183 Miami Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall L ROUTE 112: Lincoln Rd D Hialeah Metrorail 200 CUTLER BAY LOCAL (NO SUNDAYS) M ROUTE 113: Civic Center D Mt. Sinai Hospital 202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 115 MIDNORT BEAC CONNECTION Collins Ave / 88 St D Lincoln Rd 204 KILLIAN KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail S ROUTE 119: Downtown Miami D Aventura Mall 207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave120 via W FlaglerBEAC St MA& SW 8 Downtown St Miami D Haulover Park, Aventura Mall 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 132 TRIRAIL DORAL SUTTLE (WEEKDAY RUSH-HOUR ONLY): Doral D Hialeah Market Tri-Rail 211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 135 Hialeah Metrorail, Miami Lakes D FIU Biscayne Bay Campus 212 SWEETWATER CIRCULATOR (WEEKDAYS ONLY) 136 (WEEKDAY RUSH-HOUR ONLY) SW 136 St / US1 D Douglas Road Metrorail 217 BUNCE PARK CIRCULATOR (WEEKDAYS ONLY) NW 127 St / 22 Ave D N Dade Health Center 137 WEST DADE CONNECTION Dolphin Mall D South Dade Gov Center 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 246 NIGT OWL Downtown Miami D 163 St Mall 150 MIAMI BEAC AIRPORT EPRESS Miami Intl Airport D South Beach 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 155 BISCAYNE GARDENS CIRCULATOR (WEEKDAYS ONLY) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah183 (ThursdayMiami only) Gardens Dr & NW 73 Ave Park & Ride D Aventura Mall 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail200 CUTLER BAY LOCAL (NO SUNDAYS) 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 202 LITTLE AITI CONNECTION Biscayne Shopping Plaza, NW 5 AVE / 83 St D Miami Design District 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 204 KILLIAN KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 286 NORT POINTE CIRCULATOR (NO SUNDAYS) Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 287 SAGA BAY MA WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail207 LITTLE AANA CONNECTION (CLOCKWISE) Downtown Miami, Brickell D SW 25 Ave via SW 1 St & SW 7 St 288 KENDALL CRUISER (WEEKDAY RUSH-HOUR ONLY) 208 LITTLE AANA CONNECTION (COUNTERCLOCKWISE) Downtown Miami, Brickell D SW 27 Ave via W Flagler St & SW 8 St West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 210 SKYLAKE CIRCULATOR Skylake Mall D 163 Street Mall 301 DADEMONROE EPRESS Florida City D Marathon Key 211 OERTOWN CIRCULATOR (WEEKDAYS ONLY) 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 212 SWEETWATER CIRCULATOR (WEEKDAYS ONLY) 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 217 BUNCE PARK CIRCULATOR (WEEKDAYS ONLY) NW 127 St / 22 Ave D N Dade Health Center 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 238 EASTWEST CONNECTION (WEEKDAYS ONLY) Dolphin Mall D Miami Int. Airport 500 MIDNIGT OWL Dadeland South Metrorail D Downtown Miami 246 NIGT OWL Downtown Miami D 163 St Mall 252 CORAL REEF MA Country Walk D Dadeland South Metrorail, Zoo Miami (Weekends Only) 254 BROWNSILLE CIRCULATOR (WEEKDAYS ONLY) Caleb Center D Jefferson Reeves Park, Hialeah (Thursday only) 267 LUDLAM LIMITED WEEKDAY RUSH-HOUR ONLY) NW 186 St/87 Ave D Okeechobee Metrorail 272 SUNSET KAT (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal D Dadeland North Metrorail 277 NW AENUE MA (WEEKDAY RUSH-HOUR ONLY) Downtown Miami D Golden Glades Park & Ride 286 NORT POINTE CIRCULATOR (NO SUNDAYS) Miami Gardens Dr & NW 73 Ave Park & Ride D NW 57 Ave/NW 176 St 287 SAGA BAY MA WEEKDAY RUSH-HOUR ONLY) S Dade Health Center D Dadeland South Metrorail 288 KENDALL CRUISER (WEEKDAY RUSH-HOUR ONLY) West Kendall Terminal, SW 127 Ave Park & Ride D Dadeland North Metrorail 297 2 AE ORANGE MA WEEKDAYS ONLY) Miami Intl Airport D Miami Gardens 301 DADEMONROE EPRESS Florida City D Marathon Key 302 CARD SOUND EPRESS Florida City D Ocean Reef Club 338 WEEKEND EPRESS (WEEKENDS ONLY) Miami Intl Airport D Dolphin Mall 344 (WEEKDAYS ONLY) Florida City D MDC Homestead Campus 500 MIDNIGT OWL Dadeland South Metrorail D Downtown Miami MARKET DYNAMICS IN MIAMI-DADE

improve pedestrian and bicyclist safety; The Underline create more than 120 acres of open Project space with restored natural habitats; encourage a healthy lifestyle; provide an The Underline will transform what is easily accessible place to exercise; create currently underutilized land below Miami’s a mobility corridor that integrates transit, MetroRail, from the Miami River to Dadeland car, biking and walking along U.S. 1. and South Station. It will connect communities; generate significant economic impact.

20 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 21 MARKET DYNAMICS IN MIAMI-DADE

The added benefit would be reducing auto use and The Urbanization of easing stress on area roadways. After several years Miami-Dade’s Suburbs when projects failed to get from the drawing board to construction, multiple projects are underway that Miami-Dade is embracing transit-oriented mixed- will dramatically alter the neighborhoods around use projects around Metrorail and Metromover many stations: stations that incorporate residential, office and retail uses. Residents and workers can walk or ride mass • The Dadeland South station at the system’s transit to get around without having to get in a car. southern end, had early success with the These transit-oriented developments (TODs) offer mall and Datran Center’s office towers. retailers access to hundreds, maybe even thousands, The Downtown Dadeland mixed-use urban of customers every day. district, adjacent to the station has taken off with new residential development and a In the urban core, TODs have been developed along thriving retail component. the free Metromover elevated tram that connects the Downtown, Brickell and Omni neighborhoods. • The South Miami station has a proposal Two significant projects include Brickell City Centre, for a Class-A office building with ground- which includes a large upscale mall and food court, floor retail fronting high-profile South Dixie and MiamiCentral, in Downtown, which is the city’s Highway and a 99-unit residential building new “Grand Central” station, combining all the intended for students attending nearby county’s mass transportation options in one place University of Miami at the back of the station. with several office and residential towers above. • The Douglas Road station could see a mixed- Retail in the project is already playing an important use urban hub that would contrast sharply part in creating a sense of community for an area with the surrounding neighborhood. The Downtown that lacked a sense of place. project will include 1,000-1,500 apartments TODs have had a more profound impact on suburban and a 22-story, 280,000-square-foot office submarkets where the idea was always that station building. Ground floor retail would engage hubs would provide the population density required riders and residents throughout the project. and create enough revenue to support the system.

22 MIAMI RETAIL MAJOR MARKETS REPORT “The retail market in Miami-Dade remains fundamentally strong and is at the forefront of traditional retail’s reinvention in the 21st century. The changing composition of neighborhoods and structural barriers to entry allow for and require urban regeneration. This makes Miami an ideal testing ground for new retail formats and ideas that eventually will roll out and impact retail unit delivery in markets nationally.”

Greg Masin, Senior Director Retail Services at Cushman & Wakefield

2018-2019 EDITION 23 MARKET DYNAMICS IN MIAMI-DADE

24 MIAMI RETAIL MAJOR MARKETS REPORT Venture capital pours into Miami-Dade and Miami Millennials South Florida with over $1.5 billion in recent Miami-Dade is one of the top cities nationally years going to area companies which are in for Millennials, with a total of 27% of the cutting-edge technologies including virtual population and growing. This generation reality and game simulation. Many times, is plugged into handheld devices, causing young Millennials may start out their tech significant disruption to traditional careers in South Florida and then move to purchasing patterns. Millennials value other cities where there is more demand for convenience and flexibility in addition to a their skills. customer-centric approach that makes them Miami-Dade’s first ‘unicorn’ startup (a feel wanted and valued. They are drawn privately-held startup tech company valued to the overall experience more than just at over $1 billion), ParkJockey announced buying a product, and demand a seamless additional investment by Japan’s SoftBank integration between the online and physical which pushed the value of the company over retail spheres. $1 billion. In addition, ParkJockey acquired Miami-Dade is not considered a traditional two of the largest parking operators in tech market, but it is the gateway to Latin North America, making it one of the most America for most U.S.-based technology valuable parking companies in the world. companies. Its rapidly growing tech Their “smart” parking technology has the community bridges different cultures and potential to solve many urban areas traffic provides a melting pot in which ideas can be congestion and parking issues by taking a developed into viable businesses that are able city-wide approach and solution. to impact a wider international community. The Kauffman Foundation’s 2017 Index of Startup Activity, which measures new business creation, ranked the Miami- Fort Lauderdale area No. 1 out of the 40 largest metro areas in the U.S.

2018-2019 EDITION 25 MARKET DYNAMICS IN MIAMI-DADE

18-34 $69,993 DIGITAL AGE GROUP AVERAGE NATIVES recently passed HOUSEHOLD GREW UP Boomers in INCOME AND ARE total size COMFORTABLE ONLINE 54% OF $1.4 MILLENNIALS TRILLION now make PURCHASES purchasing ONLINE, up from 51% in 2015 power by 2020 MILLENNIALS DON’T VIEW THE WORLD IN TERMS OF CHANNELS

Millennials are attracted to the sun, sand and several neighborhoods, including Wynwood fun in South Florida. They see Miami-Dade’s and Downtown, but have not totally erased density and diversity as pluses and as a source the existing dynamics in those areas. The of community and as vitality. Millennials also different communities where Millennials live contribute to the gentrification of many and work have created unique environments neighborhoods, improving once blighted or that allow retailers to test out new concepts marginalized areas. In Miami-Dade, Millennials and create innovative experiences that hope have changed the overall composition of to capture a Millennial’s attention.

26 MIAMI RETAIL MAJOR MARKETS REPORT The Power of the Gray Dollar

Often overlooked but vitally important consumers for Miami are seniors over the age of 60, who make up over 20% of the total population. Contrary to perception, the spending power of seniors often exceeds those of younger generations. Their focus is more on basic services and health care-related costs and less on fashion or the latest electronic gadgets. Seniors are also the largest generational bloc of new homebuyers. This supports spending in the home improvement, appliances and ancillary services. In a market like Miami, spending by seniors is another piece of the puzzle that retailers must account for to succeed. SENIORS OVER 60 makeup MORE THAN 20% of the TOTAL POPULATION SENIORS are also the LARGEST GENERATIONAL BLOC of NEW HOMEBUYERS

2018-2019 EDITION 27 MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

Cool Streets & Walkability Miami-Dade is a market made for walking and people watching. Its “Cool Streets,” like Lincoln Road and Wynwood, are urban retail markets that draw people in by creating an experiential atmosphere that combines sights, sounds, smells and tastes. They are internet-resistant where sensory entertainment is a key element to make these retail corridors successful. The type of retailers can range from cutting- edge or more established institutions that seek to tap into increased foot traffic generated by key demographics that are looking for the next cool thing. Often these neighborhoods undergo varying degrees of development and gentrification as they try to remain hip and relevant. By being “cool,” these neighborhoods are undergoing constant evolution and reinvention.

The constant influx of tourists and their spending lengthens the longevity of these areas. The success of these neighborhoods is the result of their uniqueness in Miami-Dade’s overall retail landscape and their ability to create a curated and personalized shopping experience unlike anything else in the market.

30 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 31 MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

Miami-Dade Retail Construction 2,500,000 Peaked in 2008 at 2.1 msf 2,000,000

1,500,000

1,000,000 2018 YTD Deliveries only 31% of peak in 2008 500,000

0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Sources: Cushman & Wakefield Research, CoStar

The bulk of new construction occurred in 2008 at the height of the last cycle. From 2009 to 2014, new retail construction essentially flattened and delivered on average less than 350,000 sf even as the local population increased and the economy added jobs. 2015 and 2016 have been the high-water marks for new retail deliveries, including the completion of Brickell City Centre. This cycle, most new construction is in high-end mixed-use projects in the urban core, like the Design District, or in well-established submarkets like Coral Gables.

Miami-Dade Retail Boom

DELIVERING

At the southern terminus for Brightline, MiamiCentral includes 127 ksf of retail space, 136 residential units, hotel and 300 ksf of office space. It Q4 18 MiamiCentral will include a full-service grocery store as well as an international themed food hall. A mixed-use project to be developed over the next seven years with 300 ksf of retail, 500 ksf of office, 2,000 hotel rooms and almost 1,900 Miami residential units on a parcel of land south of I-395 and across the street Q2 19 WorldCenter from American Airlines Arena and Museum Mile. First retail phase will deliver in 2019. A 7-acre project in the heart of Coral Gables will deliver 161 ksf of additional retail space, 174 residential units, a 242-key hotel and two Plaza Coral Q3 20 Gables office towers totaling 473 ksf of space. It will have a shared parking garage for 2,400 cars and include the development of a public park. Situated on a 174-acre site along the Florida Turnpike, American Dream will be the nation’s largest and most expensive mall on buildout. It will American include 3.5 msf of retail space and an additional 1.5 msf in entertainment Q1 23 Dream Miami uses including indoor ski slopes, aquariums, skating rinks, climbing walls, live theater venues and 2,000+ hotel rooms.

32 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 33 MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

Miami-Dade Food Halls The sharing economy for restaurants

Millennials and tourist dollars feed Miami-Dade’s thriving culinary scene. Food and beverage remain the driving force for local retail. The international composition of the market creates an ideal testing ground for new food concepts that cater to a diverse population. Food halls are riding that wave and allow consumers to interact with food and with the physical space in different ways depending on the seating, setup and social events. Food halls are multisensory experiences of taste, smell, sound and texture that allow customers to have unique experiences around food and in communal dining environments.

As such, food halls serve as key amenities to within some of Miami-Dade’s largest new mixed-use developments. They are also being used to revitalize dated and/or more traditional retail projects. Any area in the county with high traffic, from the Design District to traditional tourists areas like Lincoln Road, is seeing a surge in food hall concepts.

With the rapidly growing popularity of food halls, there has been some concern about overbuilding in Miami-Dade. For the most part, food halls in the county are thriving and positively impacting the bottom line of many developments. While they compete with traditional restaurant concepts, food halls give restaurateurs an overall cheaper operating model, requiring significantly less in start-up capital. For that reason, they are not a fad. They represent a new operating model that provides users with lower costs and, if set up and located correctly, significantly higher levels of foot traffic.

34 MIAMI RETAIL MAJOR MARKETS REPORT Food Hall Concepts Under Construction

DELIVERING

Part of Downtown’s MiamiCentral project, the two-level food hall Central Fare features more than 20 food and retail concepts, from groceries and Q4 18 quick grab-and-go food to more formal sit-down options.

Part of Miami’s historic Little River neighborhood, the mixed-use project The Citadel will combine innovative office space with over 20 different local food Q4 18 concepts and include retail, beauty services and rooftop bar.

Upscale and part of a high-end chain, it includes 17 of today’s hottest chefs creating some of the most unique food experiences on Lincoln Time Out Q4 18 Market Road in Miami Beach. It is where new concepts are experimented with before being rolled out to restaurants.

Part of Miami’s Wynwood Arts and Entertainment District, the 10,000- sf space features seven food vendors, two bars, and the neighborhood’s Q4 18 1-800-Lucky first convenience store. Created in the style of a hip, Asian market with indoor and outdoor seating.

Food Hall Concepts Recently Delivered

DELIVERY

A three-level, 40,000-sf Italian food hall, part of Brickell City Centre, La Centrale with concepts inspired by prominent regions in Italy including a The Q1 18 Mercato area for fast dining options.

Located in the Design District, the market is a contemporary, multi- St. Roch vendor food-hall brand out of New Orleans with a diverse lineup of 12 Q1 18 Market chef-driven concepts in 10,000 sf of space.

2018-2019 EDITION 35 MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

At the height of the market, rents for urban Miami-Dade’s storefronts exceeded $300 PSF, triple net. Elevated Retail Even with a moderate decrease in certain high-street markets over the last 24 months, Rents rent levels remain competitive with larger Miami-Dade has the highest asking overall markets like New York or Los Angeles. rents in the Southeast U.S. as well as one Miami-Dade competes for the same level of the lowest overall vacancy rates for and type of tenants in terms of relevance retail. While the data reflect suburban as other larger gateway cities. Success here neighborhood shopping-center product and validates a concept or a product. does not include high street space, it does show the tremendous cost many traditional in retailers pay to be in the market. Miami- Urban storefronts Dade’s elevated status as a gateway market high-end areas can be more and retail potential based on consumer than $300 PSF NNN. spending is reflected in the current rent levels.

CHA $19.10 NNN 6.1%

DAL $19.95 ATL NNN $16.58 JAX 7.3% NNN $16.03 8.6% NNN 8.3% AUS $25.30 WPB NNN $24.55 7.3% NNN ORL 5.7% $21.36 NNN 7.2% FTL HOU SAN $21.74 $24.85 $18.74 NNN NNN TPA 5.4% NNN 6.9% $18.44 7.1% NNN 7.1% MIA $39.05 NNN 4.3%

Source: Cushman & Wakefield Research, CoStar. NNN RENT PSF Vacancy figures are based on previously reported national second quarter 2017 statistics. OVERALL VACANCY

36 MIAMI RETAIL MAJOR MARKETS REPORT Photo courtesy of Touzet Studio 2018-2019 EDITION 37 MIAMI-DADE’S MULTIPLE RETAIL DRIVERS

raising capital focused on development in Opportunity The Opportunity in Zones. Most are waiting on the sidelines for further Miramar Ha´llandale Beach guidance and clarification from the government before VU821 “Opportunity Zones” BROW ARD CO UNTY deploying money, which should begin toward the end of ¤£441 Aentura MIAMI-DADE COUNTY A potential boon for the retail market and development in 2018 and in early 2019. £¤27 Sunny Isles Beach 75 Miami Gardens Miami-Dade is the establishment of federal “Opportunity ¦¨§ North Miami Beach VU826 Zones” in distressed neighborhoods in the county. The biggest and most welcome change for areas Miami Lakes Opportunity Zones, part of the Tax Cuts and Jobs Act designated as Opportunity Zones is that many low- Opa-locka ¤£1 signed into law in 2017, give tax breaks to investors who income neighborhoods no longer must convince capital North Miami place capital gains into funds that invest in largely low- to invest in or even look at them. Now, funds flush with ¦¨§95 Hialeah Gardens Miami Shores income areas across the county. Florida has already money are actively targeting those areas for development. established Opportunity Zones in 25% of eligible low- Miami-Dade has 67 Opportunity Zones designated Hialeah moderate income Census tracts throughout the state. VU826 throughout the county. These include some areas ripe Doral Early analysis shows that about 25% of these zones are 821 VU112 for redevelopment with mega projects already in place VU ¦¨§195 in rural areas, with the vast majority in more densely and working through entitlements. These projects Miami Beach VU836 populated urban areas. VU836 could potentially qualify for the program and benefit Miami ¤£41 Nationally, it is predicted that up to $100 billion in capital greatly. There is also the potential to spur additional ¤£41 Seetater Westchester could be invested into Opportunity Zones. Investors will development around zones that could spill into adjacent Coral Gables VU826 be able to defer capital gains taxes for five to seven years, neighborhoods. Over the next 12 months, the influence Westood Lakes and those capital gains taxes are completely waived of Opportunity Zones on Miami-Dade’s retail landscape Glenar Heights South Miami if they are invested for 10 years. Funds must have 90% Key Biscayne of their assets invested as equity in qualified projects VU874 Kendall in Opportunity Zones in order to receive this incentive. 821 Miami Dade has 67 VU Pinecrest Guidelines from the Treasury Department still need to Opportunity Zones be issued that define what constitutes an approved ¤£1 designated throughout the county. Richmond Heights investment. The Everglades Palmetto Bay Early indications are that projects that incorporate could be massive. South Miami Heights housing will initially be preferred. There are multiple funds Cutler Bay

Goulds VU821 Princeton

Narana

Leisure City

VU821 Homestead

Florida City

38 MIAMI RETAIL MAJOR MARKETS REPORT ¤£1 Miramar Ha´llandale Beach VU821 BROW ARD CO UNTY ¤£441 Aentura MIAMI-DADE COUNTY £¤27 Sunny Isles Beach 75 Miami Gardens ¦¨§ North Miami Beach VU826

Miami Lakes Miami-Dade Opa-locka ¤£1 Opportunity Zones by North Miami ¦¨§95 Census Tract Hialeah Gardens Miami Shores

Hialeah VU826 Doral VU821 VU112 ¦¨§195

Miami Beach VU836 VU836 Miami ¤£41 ¤£41 Seetater Westchester Coral Gables VU826 Westood Lakes

Glenar Heights South Miami Key Biscayne VU874 Kendall 821 VU Pinecrest

¤£1 Richmond Heights The Everglades Palmetto Bay

South Miami Heights

Cutler Bay OPPORTUNITY ZONE Goulds BY CENSUS TRACT VU821 Princeton

Narana

Leisure City

VU821 Homestead

Florida City

¤£1 2018-2019 EDITION 39 RETAIL CHALLENGES IN MIAMI-DADE

RETAIL CHALLENGES MIAMI-DADE

Cost of Living AVERAGE Transportation and the cost of housing are the biggest RENT factors in why it costs more to live in Miami-Dade compared approaches to other markets. The 2018 overall index for Miami is 137, $1,600 with the U.S. average being 100 and Florida at 111. The for a 975 SF unit. average rent for an apartment approaches $1,300 a unit, Source: AXIOMetrics, November 2018 while the median home price is over $100,000 more than the state’s average of $326,000. This high median price is driven by condo sales, which have softened recently but MEDIAN not enough to make a significant dent in living expenses. HOME PRICE is $100K MORE than the state’s average of $326,000. Traffic Congestion Source: bestplaces.net, 2018.

The main reason the cost for transportation is so high in the county is that many people must sit in traffic to get Community Silos from Point A to Point B. In 2018, Miami-Dade is the ninth- Micro markets are the norm in Miami-Dade. These serve worst major city in the U.S. for traffic and the 75th worst the retail needs of the immediate community and can be in the world, according to the TomTom Traffic Index. walkable, like Brickell or Coral Gables, or spread out over Increased traffic congestion is directly affecting people’s short drivable distances in many suburban submarkets. travel patterns and buying habits. Traffic time is shrinking Online competition and traffic time considerations market areas and consumer purchases are increasingly force many retailers into silos with limited market area being defined not only by location but also by ease of from which to pull customers. access.

42 MIAMI RETAIL MAJOR MARKETS REPORT Destination retail, like Coral Gables, Bal Harbour and eCommerce Online Aventura, create an experience that captures people’s And in the Physical attention and cannot easily be replicated online. Store Now the pendulum is shifting. eCommerce companies are buying or opening brick-and-mortar storefronts to The last decade saw eCommerce take a larger piece create more direct “retail touchpoints” with customers. of retail sales that will hit 15% of all sales by 2020. These standalone touchpoints serve as a driver for eCommerce is a factor in some store-traffic erosion and brand awareness and as a connection to the online retail bankruptcies. A larger factor is the spending habits marketplace. New physical stores can also be part of a and preferences of Millennials. The old and tired retail last-mile delivery and fulfillment strategy. Online brands model is not appealing to younger customers. They like Miami-Dade’s market because it has the density, want convenience, a good deal and, if they are out, an consumer-buyer power and diverse customer base experience. Physical stores need to have a compelling that can support the creation of physical storefronts. and unique environment to draw many of them in. Many new developments that are under construction or proposed actively pursue online brands because they Retail in Miami-Dade has learned how to adapt and are the most hip and interesting, which will drive more bridge the offline storefront with an online presence. traffic to their projects. This trend will only accelerate Many times, they are reinventing their business models as more online brands move into yet-untapped retail to use technology to attract and retain customers. concepts, including local corner convenience stores.

2018-2019 EDITION 43 RETAIL CHALLENGES IN MIAMI-DADE

eCommerce Acceleration Impact on Store Closures

14,000 16.0% eCommerce portion of retail sales up 490 basis points 15.0% 12,000 14.0%

12.0% 10,000

10.0% 8,000 10.1%

8.0% 6,000 6.0%

4,000 4.0%

2,000 2.0%

0 0.0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Major Chain Forecast Major eCommerce % of Closures Chain Closures Total Retail Sales

Source: Company filings, Department of Commerce, Cushman & Wakefield Research

What’s Really Happening? It’s Not Just About eCommerce Convergence of Four Factors

ACCELERATION OF OVER-RETAILED NEW COMMERCE MARKETPLACE

SHIFTING CONSUMER RACE-TO-THE-BOTTOM PATTERNS DISCOUNTING Millennials’ Spending Habits

44 MIAMI RETAIL MAJOR MARKETS REPORT Re-energizing Empty Storefronts The “retail apocalypse” makes a good press headline, but that’s not really what is happening. In 2018, the pace of new store openings is outdistancing store closings. While some chains and retail sectors are being hit harder than others, the overall trend nationally is more positive. Miami-Dade is seeing many of those same dynamics where retail is always in a state of change. Stores are constantly innovating, focusing on flexibility and adaptability to capture customers. Sometimes ideas work and sometimes they do not. Nothing can remain in a static state if retail is to survive.

Empty storefronts are more common in Miami-Dade for many reasons. Retailers are learning to adapt to online competition and to changing neighborhood characteristics. Several chains are closing larger spaces and opening smaller retail footprints in the same areas. Besides lowering costs, that allows stores to tailor the shopping experience for the local area as well as to quickly change and customize the store experience. Some retailers are even using these concepts as another leg in last-mile logistics.

Rents also play a factor in empty storefronts along some of Miami-Dade’s top shopping streets. Stores there saw rents doubled or tripled in the last 10 years. Over the last 24 months, rents stagnated as landlords’ expectations stayed at one level and many tenants’ ability to cover operating expenses and make a profit were lower.

Another way owners are re-energizing retail space to build foot traffic is by repurposing it to other, complementary uses. In some centers, the total amount of retail square feet may be reduced and replaced with entertainment, office and even some residential space to create an atmosphere in which people want to come, stay and spend money. Owners are trying to provide an alternative environment to online shopping where people can gather and interact. In Miami-Dade, we see that in the development of more outdoor and community space within new projects in the urban core, like Brickell City Centre and MiamiCentral, and in suburban locations in South Dade and in Coral Gables. It is one of the reasons food halls took off in the county, and a proven and profitable concept that works in Miami-Dade.

2018-2019 EDITION 45 RETAIL CHALLENGES IN MIAMI-DADE

Funky, Small Shops, Cheap Eats, Off the Beaten Path,Discoverable , edgy Lower Rents cool Unique Tenants, Local Ownership, More Food Options, up and Experiential, Higher Rents coming

Millennial Driven, Mix of Local/ prime National Retailers, Larger Crowds, hipness Generational, Rising Rents

Institutional Ownership, More National Retailers, Less Diversity, Accessible, Still still cool, Rising Rents but...

Corporate, Higher Costs, Creatives Moving On, Affluent gone Customers, Conventional, mainstream Stabilized Rents

46 MIAMI RETAIL MAJOR MARKETS REPORT HIGH STREET 2018 Retail Rent Survey NEIGHBORHOOD LOW HIGH AVERAGE

BRICKELL AVENUE $70 $125* $98

DESIGN DISTRICT $65 $300 $183

WYNWOOD $55 $100 $78

AVENTURA $85 $125 $95

CORAL GABLES $100 $125 $115

MIAMI BEACH $40 $110 $75

LINCOLN ROAD $225 $275 $250

COLLINS AVENUE $100 $125 $115

*NNN Retail Rent Survey Source: Cushman & Wakefield Research. All rental rates are NNN per square foot. 2018-2019 EDITION 47 INTERCONNECTED SUBMARKETS

INTERCONNECTED SUBMARKETS

Miramar Broward £¤27 ¦¨§75 ¦¨§95

UV860 UV860 ¦¨§75 Miami ¨95 Lakes ¦§ 823 UV826 UV 997 North UV Miami

UV821

Hialeah DESIGN DORAL DISTRICT WYNWOOD

UV821 Miami-Dade DOWNTOWN BRICKELL £¤41 CORAL GABLES

Coconut Grove

Atlantic Ocean UV94 UV821

Pinecrest

Biscayne Bay KENDALL

50 MIAMI RETAIL MAJOR MARKETS REPORT Cutler Hallandale BRICKELL 1,813,801 £¤27 Broward Brickell has become the epicenter of Miami- SQUARE FEET ¨75 ¦§ AVENTURA Dade’s growing live-work-play dynamic. ¦¨§95 Residents and workers enjoy shopping, dining 50,000 and entertainment all within a short walking UNDER CONSTRUCTION distance. The recent delivery of the mall at UV860 UV860 North Brickell City Centre added 565,000 square 80.6% feet of retail, causing retailers and international OCCUPANCY Miami brands to open new outlets in the submarket to ¨75 Beach ¦§ tap into the increased consumer demand and ¦¨§95 the highest daytime population in the county. $80 PSF NNN RENT *Represents urban market rate outside of the Brickell City Centre 823 project. UV826 UV 997 North UV Miami DOWNTOWN 3,113,151 Downtown Miami is poised to become its own SQUARE FEET retail destination within the next year. The expanded resident population and demand 641,070 for retail services has the potential to increase UNDER CONSTRUCTION UV821 as new projects come online. First to market later this year will be MiamiCentral, a transit 85.5% hub for the new Brightline inter-city train line OCCUPANCY connecting Miami-Dade to counties to the north. It will include retail, a food hall and other service-orientated retail. $60 PSF NNN RENT

DESIGN DISTRICT 850,957 MIAMI After 30-plus years as a center for to-the-trade SQUARE FEET BEACH hard goods, the Miami Design District is being UV821 Miami-Dade transformed into a luxury-retail destination. 4,500 With retailers Dior, Hermes, Cartier and Louis UNDER CONSTRUCTION Vuitton serving as the market’s anchors, a critical £¤41 mass of luxury co-tenancy has committed to 89.2% the project. However, with only about half of the OCCUPANCY redevelopment delivered, it is still too early to understand the District’s impact on the greater luxury-retail environment. $85 PSF NNN RENT

WYNWOOD 2,090,123 Over the last real estate cycle, the Wynwood SQUARE FEET Atlantic Ocean submarket has emerged as both an incubator UV94 UV821 for creative-office users and as a magnet for 60,000 hip, emerging brands that appreciate its edgy UNDER CONSTRUCTION quality. The next step in the maturation of the market is a wave of proposed residential and 89.2% office developments that promises to bring OCCUPANCY Biscayne Bay much-needed 24-hour density able to support a wider pool of retailers. $60 PSF NNN RENT

2018-2019 EDITION 51 INTERCONNECTED SUBMARKETS

MIAMI BEACH 8,101,811 Miami Beach continues to be the strongest retail trade market in Miami-Dade, SQUARE FEET supported by international visitors and affluent full-time and seasonal residents. After peaking at all time highs, both the Lincoln Road Mall and Collins Avenue retail 143,264 UNDER CONSTRUCTION corridor have experienced a slowdown in overall leasing velocity, consistent with national high-street trends. However, with its diverse mix of world-class boutiques, galleries and stores, and access to millions of visitors annually, the underlying 93.6% OCCUPANCY fundamentals of the market remain a strong attractor to retailers. RENT 15%

CORAL GABLES 4,472,162 Coral Gables is one of the most affluent submarkets in Miami-Dade. Retail in the SQUARE FEET master-planned city is clustered around two primary retail destinations; At the southern end of the trade area, General Growth Properties’ Village of Merrick Park, 300,000 UNDER CONSTRUCTION an open-air mall anchored by Nordstrom and Neiman Marcus; and to the north, the historic Miracle Mile, which features an eclectic mix of food and beverage establishments as well as local boutiques and galleries. Several mixed-use projects 97.3% OCCUPANCY currently proposed or under construction will add thousands of new residents and nearly double the trade areas’ retail space. Notable projects in the works are The $50 PSF Plaza Coral Gables, The Link at Douglas and Merrick Manor. NNN RENT

KENDALL 19,616,237 The Kendall submarket in Miami continues to be one of the strongest suburban SQUARE FEET retail markets in South Florida. Driven by population density, favorable household incomes and high traffic counts, Kendall is home to the 1.4-million-square-foot 91,740 UNDER CONSTRUCTION Dadeland Mall, The Falls, and The Palms at Town & Country, an open-air retail power center. Kendall can easily be accessed via Miami-Dade’s Metroline, with multiple stops at major retail sites. 97.6% OCCUPANCY $40 PSF NNN RENT

AVENTURA 6,695,689 Aventura is known best for Aventura Mall, which is ranked second nationally in SQUARE FEET number of visitors and is in the top five highest-grossing malls for sales per square foot. Its 2.7 msf dominates the market, and the mall is currently undergoing a 70,730 UNDER CONSTRUCTION vertical expansion that will add an additional 315,000 sf of new space. Other retail centers include Loehmann’s Fashion Island, Aventura Shopping Center, Aventura Commons, The Promenade Shops and The Shoppes at the Waterways. 98.5% OCCUPANCY $70 PSF NNN RENT

DORAL 4,866,983 With 250 corporate headquarters and 100 multinational corporations, Doral hosts a SQUARE FEET daytime population in excess of 100,000 people. Between density and foot traffic, Doral is a major submarket for retailers with significant consumer sales. The two 126,169 UNDER CONSTRUCTION major malls in Doral, The Miami International Mall and Dolphin Mall, are now joined by The Shops at Downtown Doral and the newly opened CityPlace Doral. 98.3% OCCUPANCY $70 PSF NNN RENT

52 MIAMI RETAIL MAJOR MARKETS REPORT SUBMARKET HEALTH RECOVERY EXPANSION DECLINE CONTRACTION

Brickell Coral Gables Design District Coconut Grove Downtown Wynwood Miami Kendall Beach

Activity Rebounds Activity Accelerates Activity Falls Limited Activity Occupancies Increase Rapid Drop in Vacancy Vacancy Slowly Rises Long-Term Vacancy Rents Stabilize Rents Rises Sharply Rents Decline Slightly Rents Stagnate New Tenants Move In Some Tenants Priced Out Tenants Start to Leave Empty Storefronts

2018-2019 EDITION 53 THE FUTURE OF RETAIL IN MIAMI-DADE

THE FUTURE OF RETAIL IN MIAMI-DADE

Immigration from all parts of the world will Miami-Dade is a drive new ideas and product development. 24-hour market Current retail concepts will morph and create and does not different experiences for consumers that will shift based on new cultural influences. stand still. The line between the online and real worlds It is the center of a growing and dynamic will further blur as technological advances region that draws in people with significant continue to inspire how we live, get around ties to international markets. The area’s and shop. The adoption and diffusion of cosmopolitan nature, natural beauty and new practices will be made easier by the abundant energy attract people from all dense, urban nature of Miami-Dade. Success walks of life, young and old. or failure will depend on the adaptability to stand out in a crowded field. The market will continue to be at the forefront of social and economic forces that Miami-Dade is a true gateway between are shaping our world. Increased east-west domestic and international markets. It is commerce with Asia converges with the where trends are set and not followed. While growing importance of north-south trade the exact future may not be known, Miami- with Latin America to place Miami-Dade Dade’s relevance will continue to place the ideally at the heart of the global economy. region at the forefront of successful ideas and new developments. Immigration from all parts of the world will drive new ideas and product development.

56 MIAMI RETAIL MAJOR MARKETS REPORT 2018-2019 EDITION 57 58 MIAMI RETAIL MAJOR MARKETS REPORT AT THE CENTER OF WHAT’S NEXT

2018-2019 EDITION 59 cushwakeretail.com | Twitter @cushwakeRETAIL #CWretail

CONTACT DETAILS

MIAMI RETAIL TEAM GREG MASIN Senior Director +1 305 533 2857 direct [email protected]

FRANK BEGROWICZ Director +1 305 533 2874 direct [email protected]

ANDREA VIGIL Senior Associate +1 305 533 2858 [email protected]

RESEARCH CHRIS OWEN Director, Florida Research +1 407 541 4417 [email protected]

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