While the residential real estate industry is feeling a significant slowdown, commercial mixed-use developments are showing strength in South Florida.
Prime Commercial Developers latest project, Portofino Plaza, a mixed-use medical/professional office space with a retail component is experiencing a significant sales boom in the City of Homestead. Its recent signed retail tenants include Chilis Restaurant and Flagship Movie Theater with other prospective contract talks in the works.
“Medical spaces are springing up in retail centers. There is a trend in integrating medical/professional offices as a part of a mixed-use facility. Visibility and accessibility are some of the key reasons for medical/professional offices to locate near retail facilities” said Kenneth Weston, president of Kenneth Weston & Associates, Inc. and exclusive sales agent for Portofino Plaza. “We have created a user mix at Portofino Plaza that is exciting to both our retail and office users. At our project, while a family member is undergoing a medical procedure, the rest of the family can either see a movie, shop or dine at one of the restaurants.”
Portofino Plaza, a Class A office building, is a mixed use retail, medical and professional development, strategically located on Campbell Drive, the main street in the rapidly growing city of Homestead, with easy access to the Florida Turnpike.
Portofino Plaza features two identical three story buildings with 45,000 square feet each totaling 90,000 square feet. Amenities include retail, dining, a 14-screen movie theater and medical/professional office space. The building also will feature high speed Internet access, elegant common areas with first class finishes, 4.8 parking spaces per 1000 square feet. The building will provide 24-hour keypad access, stretcher cab elevators, public restroom facilities with wheelchair accessibility and the latest hurricane resistant construction. The building is being designed from the ground up with the latest technology, specifically targeting the professional and medical industries.