MDM Group Welcomes First-To-Market Real Madrid Café to Met Square
Real Madrid, the most powerful soccer brand in the world, will be integral part of the final phase of MDM’s billion-dollar Metropolitan Miami project in downtown Miami
A 12,000 square foot Real Madrid restaurant, bar and merchandise store will be an integral part of Met Square, the final phase of MDM Group’s Metropolitan Miami development in downtown Miami.
Noted by Forbes as the world’s most valuable soccer team, the facility was announced as a first-of-its-kind, a prototype for ongoing expansion of the concept.
To be located within Met Square, at 340 SE 3rd St., Miami, the two-story facility will feature a restaurant, bar, Real Madrid themed merchandise store and a VIP Lounge. It is expected to open in early 2018.
Lyle Stern, President of Koniver Stern Group, represented MDM in the transaction. Kevin Lurie, Principal of Creative Realty Group, LLC, a commercial real estate organization, negotiated the transaction on behalf of Real Madrid Café. Terms were not disclosed.
One of the world’s most recognized sports brands, Real Madrid is a soccer icon, featuring renowned players such as Cristiano Ronaldo and James Rodriguez, among many others.
“Real Madrid Café is consistent with the Developers vision of bringing first to market elevated dining and experiential entertainment,” according to Lyle Stern, president of Koniver Stern Group the Landlords leasing representative. “This commitment has produced the first U.S. leases for Novikov from London and SilverSpot Theatre from South America.”
“And, it is the same commitment that brought the City of Miami its first Whole Foods,” adds Stern. “This type of project curation is only possible through a dedicated developer with a commitment to quality and uniqueness. Their decision to open here before anywhere else in North America speaks volumes about our development and our city.”
Downtown Miami continues to establish itself as a true global, urban destination, with a population of almost 90,000 residents – a 150% increase since 2000 and still growing, consisting mostly of young professionals.
Met Square as a whole is expected to be completed by second quarter 2018, with anticipated attractions such as its signature SilverSpot Theater expected to be open by the end of 2017.
About MDM Group
Founded in 1990, MDM Group’s vision has been driven by a desire to bring the highest quality amenities and brands to underserved urban markets including what is the neighborhood around Dadeland Mall, Brickell Avenue and most recently, Miami’s downtown core. Soon it will embark on another game changing project, the development of the Marriott Marquis Miami Worldcenter Hotel & Expo Center within the Miami Worldcenter project in the Park West area of downtown Miami. For additional information, visit www.mdmUSA.com.