Some great news I have been waiting for has finally arrived. I have been lamenting the lack of a true nightlife anchor in the Pace-Omni area around which everything else would coalesce. The impending arrival of St.Marks Place at 19th st on Biscayne Blvd is just the catalyst needed to jump start this area. This multi Million Dollar Lounge/restaurant will do to Pace-Omni what Mary Brickell Village did to West Brickell. This area is just waiting to happen. I strongly believe that the center of gravity will shift from else where to the corridor between Adrienne Arsht center (15th st/Biscayne) to Midtown (36th st/Biscayne or NE 2nd ave).The best part is that this corridor will become unrecognizable in 2 to 3 years time. That is because I believe the entire area East of North Miami Avenue between 15th and 36th st is a blank canvas that can be transformed into anything with very little investment and we are seeing it happening in front of our own eyes even during this economic downturn. Have you seen Biscayne Blvd between 19th and 25th street? It is already looking super and one day not too far, I hope the entire blvd in this corridor will be transformed into a mini version of Paseo de la Reforma or Avenida 9 de Julio.
Brickell is already what it is. What you see now is what you are going to see 2 or 5 or even 10 years from now. Ditto Downtown/CBD. There is very little left to develop or transform.
Regarding Park West, the area East of NW 1st Ave shows immense promise but it requires millions if not billions in investment to make some changes. The rough neighborhood nearby will not help either to make a quick transition. The planned Miami World Center will be life altering for Park West but who knows when that is going to happen. 2020 maybe?
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