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-FACILITIES
AND DEMOGRAPHICS:
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Directly at the Gateway to Miami Beach. The
McArthur Causeway, the “main entrance” to Miami Beach and
the direct link from the Downtown Miami- Brickell market leads
right to the Project. The strategic intersection of Fifth
Street and Alton Road (NEC) is Main and Main
on Miami Beach. The Project will dominate the view
and is poised to capture significant traffic as it approaches
this unique and exceptional site .
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185,000 Square
Feet of Vertical Retail with approximately 950 parking spaces.
Floor plates can accommodate up to 55,000 Square Feet with Parking
available directly at the front door. |
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The Fifth and Alton project has been approved
by the Miami Beach Design Review Board and the Historic Preservation
Board as of August 17th, 2004. The project is continuing forward
and more information is available in our press
release section.
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In addition to Miami Beach's year-round population
of 88,000, the population swells to approximately 110,000
during certain times of the year. The seasonal residents either
rent or own housing units in Miami Beach, but are not accounted
for in any official statistics or census. The income levels
of these residents are estimated to be between $75,000-$250,000.
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Demographics
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Permanent Population :
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170,000
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Housing Units
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98,057 units
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Click on the item below to view complete demographic information on
the area using Adobe Acrobat Reader.
Full Demographic
Profile: 1990-2000 Census, 2004 Estimates & 2009 Projections
Consumer Expenditure
Summary: 200 Census, 2004 Estimates
Business & Daytime
Employment Report: 2004 Counts
Population Density
by Race
Population Density:
Current Year Estimated Households per Square Mile
Miami Beach Area Map
Median HH Income:
Current Year Estimated Households per Square Mile
Household Density
by Block Groups: Current Year Estimated Households per Square Mile
Postal Count Report
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-Traffic
Counts / Accessibility: |
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Over 85,000
vehicles pass this site every day. The site dominates
the major entrance to Miami Beach and sits poised at the intersection
of the major north-south and east-west arteries 5th Street and
Alton Road (NEC). |
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-Enterprise
Zone Benefits: |
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The Project is located within a designated Enterprise Zone, which offers a large menu of Federal, State and Local benefits to new businesses which are established within the Zone, including, but not limited to Ad Valorem Tax Abatements, tax credits for new jobs and Sales Tax Refunds on Business Equipment and Building Materials . |
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950+ Spaces in level floor garage, accessible
by speed ramps, which will enable customers to easily drive
directly to your store entrance. This is the most inviting
and consumer-friendly retail-parking environment available
anywhere on Miami Beach .
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Along with millions of regional visitors, the Seven Million
Tourists that visit South Beach and the Art Deco Historic
District make this area the number one destination
in South Florida and the second most popular in the State of Florida,
following Disney. In 2003, 4,500,000 tourists
stayed on Miami Beach and spent an estimated $7 Billion
Dollars . 73% were visitors from within the United States
and 27% from destinations scattered throughout the world. An estimated
$1.04 Billion Dollars is spent annually on gifts
and personal shopping by these visitors alone. There are very
few real shopping opportunities currently available on
Miami Beach. Consider these statistics:
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The mean age of these visitors is 42.6
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The mean income is $86,100
- Each spends $97.15 on gifts and personal shopping during the visit
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