Miracle Marketplace
Miracle Marketplace exterior, 2018
Map
LocationMiami, Florida, United States
Coordinates25°45′01″N 80°14′59″W / 25.7504°N 80.2497°W / 25.7504; -80.2497
Address3301 Coral Way
Opening date1989
ArchitectArchitectonica International, redesigned by Beame Architectural Partnership in 2003 for opening in 2009
Total retail floor area260,000 square feet (24,000 m2)[1]
No. of floors3

Miracle Marketplace is a shopping mall in Miami, Florida, United States, which opened in March 1989. It is located at 3301 Coral Way (S.W. 22 Street), just a few blocks east of Douglas Road (S.W. 37 Avenue), east of Coral Gables.

History

In 1989, the mall opened as Miracle Center. At the time, it included several chain retail tenants, a movie theatre owned by General Cinema Corporation, and three chain restaurants: Chili's; TGI Friday's; and Fuddruckers.[2] It was designed by Architectonica International in a 1980s Post-Modern style. It had large trapezoidal "clouds" affixed to the façade, but they were removed by new owners when the building was renovated in the mid-2000s.[3]

By 1996, most of the mall's inline tenants had closed due to lack of business. Its developers announced plans to reconstruct the first level as a marketplace with local vendors.[3] At this point, the complex was renamed The Village at Paseos.[4]

In 2000, after the Village at Paseos concept also failed to generate business, Swerdlow Group bought the mall and renovated it as office space. The offices all closed after the end of the dot-com bubble.[5][6] The only tenant that remained from the previous mall at the time was a Bally Total Fitness.[5]

In 2005, Talisman Companies bought the building and announced plans to rebuild it as a power center. Initial plans included DSW Shoe Warehouse, PetSmart, Office Max, and Ulta as possible tenants.[5]

In 2009, the three-story, 260,000-square-foot (6.0-acre; 24,000 m2; 2.4 ha) mall reopened as Miracle Marketplace. Among its tenants were Marshalls, Michaels, Nordstrom Rack, PetSmart, DSW Shoe Warehouse,[7] and Bed Bath & Beyond.[8]

References

  1. ^ "Nordstrom Rack to Open at Miracle Marketplace in Coral Gables, Florida". Trading Markets.com. 28 April 2009. Retrieved 12 January 2011.[permanent dead link]
  2. ^ Bowden, Marilyn (29 December 2005). "Coral Way shopping center to be rebuilt". Miami Today News. Retrieved 2011-01-12.
  3. ^ a b "Retail renovation in store: Famed Miracle Center to get makeover". Miami Herald. 5 December 1996. Retrieved 2011-01-12.
  4. ^ "Paseos: A miracle for Miracle Center?". Miami Herald. 6 March 1997. Retrieved 2011-01-12.
  5. ^ a b c Stabley, Susan (2005-07-25). "Talisman takes on the former Miracle Center". South Florida Business Journal. Retrieved 2011-01-12.
  6. ^ Bowden, Marilyn (6 October 2005). "Gables mall ready to open one more time". Miami Today News. Retrieved 2011-01-12.
  7. ^ "DSW Designer Shoe Warehouse Opens in Miami, Florida". PR Newswire. 2010-03-16. Archived from the original on 2012-04-04. Retrieved 2011-01-12.
  8. ^ Fernandez, Yudislaidy (2 October 2008). "Miracle Marketplace developers hoping fourth time is charm, planning for March grand opening". Miami Today News. Retrieved 2011-01-12.
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