Bad News For Miracle Mile

Based on personal observations, Merrick Park is becoming a more varied, interesting and comfortable place to go than Miracle Mile.  It has a growing list of restaurants, good parking and high and middle range shopping.  And, yes, thanks for the parking!

Miracle Mile has lost out in the race to be the center of attention for shopping and entertaining in the city of Coral Gables and is not likely to regain it for a long time even if with its so-called new streetscape.

The upscale shopping mall Village of Merrick Park is boasting the highest occupancy in its nine-year history, a success that is driving most tenants up for renewal to secure new leases.

The 741,229-square-foot shopping destination in Coral Gables is experiencing its biggest growth in the food category, with four new concepts signing leases.

via Coral Gables’ Merrick Park hits occupancy high as sales rise nearly 10%.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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