Page 11 - #200 June/July 2025

In Brief
THE MULTI-BILLION-DOLLAR MIAMI THE NORA DISTRICT ADDS

WORLDCENTER HAS MADE ITS LONG AWAITED DEBUT FOUR NEW TENANTS TO THE MIX New Store For Iconic Brand

The oldest retailer in the US has gone back to
Real estate investment and development firm CIM Group has An upcoming West Palm Beach, Florida brand established by Paul DiGiovanni where it all started. Brooks Brothers has opened
announced the grand opening of Miami Worldcenter, a 27-acre, shopping centre has added new tenants who hand-selects the boutique’s a 10,000sq ft, two-level flagship on Broadway in
10-block mixed-use development in the city’s downtown. to its roster. assortment of ready-to-wear, next is downtown Manhattan. The store is located in a
landmark building that was the former headquarters
The approximately $6bn project features a mix of residential, The Nora District, an upscale SWEAT40, a group fitness gym offering of the American Telephone & Telegraph Company,
retail, commercial and hospitality uses developed by master shopping centre slated to open later 40-minute classes and finally, Warby which opened in 1916.
developers Miami Worldcenter Associates, led by managing partners this year, has added four new businesses Parker, the modern eyewear brand, will
Art Falcone and Nitin Motwani, in partnership with CIM Group. to its tenant mix. Developed by NDT open its doors.
The Miami Worldcenter masterplan includes approximately Development, Place Projects and “The addition of these businesses Aldo Launches Bogotá Site
$100M in completed, privately-built infrastructure, 100,000sq ft of Wheelock Street Capital, the district’s continues to shape Nora into the The Multiplaza Bogotá Shopping Center has
new public space, 300,000sq ft of retail space and 16 high-rise towers first phase will deliver over 100,000sq kind of place where visitors and announced the opening of the first Aldo store in
for residential and hospitality uses, many of which CIM Group says ft of retail and more than 55,000sq ft of locals are able to enjoy many different Bogotá, the Canadian footwear and accessories
brand recognised worldwide for its contemporary
are completed or underway, that will bring approximately 11,000 second-floor office space. In late 2026, experiences,” said Francis Scire, Head style, avant-garde design and quality. The new
residences and more than 1,000 hotel rooms to the property. The Nora Hotel, a 201-key boutique of Leasing at Nora. Aldo store offers Bogotá residents a sophisticated
The retail area is accompanied by World Square, a 20,000sq hotel developed in partnership with BD “While one person may start their shopping experience.
ft outdoor public plaza and park, which serves as a central Hotels and Sean MacPherson, will also weekday with a 40-minute workout at
gathering space. open within Nora District. SWEAT40 and a smoothie from Celis,
The four new tenants are LUCE, a another may meet friends for Sunday Shake Shack Set To Expand
fine jewellery retailer rooted in four brunch and then pop into Pompanos to The fast-casual burger chain is setting its sights
OOFOS is opening its first brick- on a Central American nation for expansion. New
and-mortar retail experiences generations of expertise, Pompanos, a pick up a staple cashmere t-shirt.” York City-based Shake Shack Inc. has partnered
AMERICAS NEWS
across the US. The locations, with Grupo Attie-Multifood Enterprises to bring
launching in May and June are the brand to Panama. As part of the deal, the
at pentagon city in Arlington, U.S. POLO ASSN. LAUNCHES partnership plans to open 12 Shacks across the
Panamanian market by 2035.
Virginia. The Mall of Georgia
in Buford, Georgia and The MENSWEAR IN ARGENTINA
Florida Mall in Orlando, Florida.
The brand says the new store Quest Adds Colombia Unit
locations were chosen for their U.S. Polo Assn., the official brand of the The Colombian urban fashion and jeans brand
“strong market potential”. United States Polo Association (USPA), for men and women is moving forward with its
Launched in 2011, OOFOS is proud to announce its launch in the renovation, rebranding and expansion project,
is known for its proprietary Argentine market alongside its brand unveiling its first Quest store with the new format
“OOFOAM” technology, which partners Incom S.p.a. and Sur Pacifico S.A. in Cali. The store underwent a rigorous remodelling
and reopens with a new image, a new concept and a
absorbs 37 per cent more impact This entry further enhances the multi- very different location.
than traditional footwear and is billion-dollar brand’s presence around the
designed to absorb impact and
stress on the body, according world and expands U.S. Polo Assn.’s reach
to the company. OOFOS initially into another new and exciting market. Firehouse Subs Eyes Mexico
focused on a core line of sandals The global sports brand’s presence in The fast-casual sandwich chain has announced a new
and has since expanded its Argentina will focus on a territory steeped development agreement with Mexican restaurant
product offerings to include in history, where the sport of polo is not operator Foodplay to open 100 restaurants in
clogs and other types of shoes. only widely celebrated but also deeply Mexico over the next five years. Foodplay is set to
The retail launch follows the rooted in the local culture. The brand will open the first Firehouse Subs restaurant this year
in Monterrey, Nuevo León, followed by additional
success of its DTC and wholesale commence with the launch of the mens’ openings in the area.
channels as well as pop-up
locations across the country. collection this month.

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