Downtown Miami – Miami Florida

Commonly called simply Downtown, the area is the cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. In recent years, Downtown Miami has grown to become the fastest-growing area in Miami, with large scale high-rise construction and population increase. Downtown is home to many major museums, parks, schools and colleges, banks, companies, courthouses, government offices, theaters, shops and many of the oldest buildings in the city.

Background

Downtown Miami one of the most populous downtowns in the U.S. after New York City and Chicago. With recent mass construction of high-rise residential buildings and office towers, Downtown has experienced large growth, with new shops, bars, parks, and restaurants opening up, attracting many new residents.

As an urban and pedestrian-friendly area with an extensive public transit network, Downtown (along with Brickell, Omni, and South Beach) is one of the areas in Miami where a car-free lifestyle is commonplace. Many Downtown residents get around by foot, bicycle, Metromover or by taxi.

Economy

Downtown is South Florida’s main hub for finance, commerce and international business. Brickell Avenue has the largest concentration of international banks in the U.S. Downtown is home to many companies, corporations and organizations. Some private companies with headquarters in Downtown are Akerman Senterfitt, Arquitectonica, Bilzin Sumberg, Espírito Santo Financial Group, Florida Justice Institute, Greenberg Traurig, Holland & Knight, Limehouse Software, Macy’s Florida, Miami Herald, Miami Today, Shutts & Bowen, Terremark Worldwide, Vector Group, World Property Channel.

Although distinct neighborhoods with different characters, the following neighborhoods are often labeled under the umbrella term of “Downtown Miami”.

Central business district (“Downtown”)

The Central business district, better known by locals as simply just “Downtown”, is the historic center of Miami, and what is traditionally called “Downtown”. Downtown is bound by NE 6th St to the north, Biscayne Bay to the east, the Miami River to the west and south. Within this area, is where the majority of Miami’s historic buildings are, the main shopping street, Flagler Street, museums, libraries, offices, schools and colleges, as well as the vast majority of local, county, state and federal government offices and courthouses.

Brickell

Brickell is south of the Miami River, and is a mixed upper-class residential neighborhood as well as Miami’s major financial district along Brickell Avenue. The Shops at Mary Brickell Village and Simpson Park are located within Brickell.

Omni

Omni is an urban neighborhood with numerous hotels, and high-rise residential buildings. The neighborhood’s name comes from the old Omni International Mall on Biscayne Boulevard. Omni borders Biscayne Bay the east, NE 2nd Ave to the west, NE 21st St to the north and I-395 to the south. Omni is well known for its cultural institutions. The Adrienne Arsht Center for the Performing Arts, the Ziff Ballet Opera House, the Knight Concert Hall, the Florida Grand Opera and the Miami Herald headquarters are located within Omni.

Parks

Downtown’s largest and most popular parks are Bayfront Park, Bicentennial Park, and Pace Park. Bayfront Park is host to the free DWTWN Concert Series, put on weekly in the park’s amphitheater, as well as various other annual events such as the Orange Drop for New Year’s, Bike Miami, and the “America’s Birthday Bash at Bayfront Park” for Independence Day. Bicentennial Park hosts many large outdoor concerts such as Warped Tour and Ultra Music Festival. Bicentennial Park is currently planned to be redone, and is to include the new buildings for the Miami Art Museum and the Miami Science Museum.

Retail

Burdines (now Macy’s), founded in 1896, is Downtown’s oldest and largest department store. Besides Flagler Street, Downtown has two other major shopping areas, Bayside Marketplace and Mary Brickell Village in Brickell. Bayside Marketplace was built in 1987, and is one of Miami’s most visited tourist attractions averaging over 15 million visitors a year. It is an outdoor shopping mall overlooking Biscayne Bay at Bayfront Park. Bayside Marketplace has many national retail chains, as well as local Miami stores.

Colleges and universities

 Downtown Miami is also the house of many universities and colleges such as Miami Dade College (Wolfson Campus), Florida International University (Downtown Campus) Miami International University of Art & Design and the Miami Culinary Institute.

 About Axis Real Estate
Axis Real Estate is a leading real estate sales and marketing company in Miami, that focuses on delivering value to its customers. By providing market intelligence to shed light on any specific property in town, Axis screens smart and profitable investment opportunities. With an extensive track record of its principals in the development and construction arena, Axis Real Estate has a real advantage in the depth of its industry connections, when compared to any other brokerage company. Both the pipeline and the network of the company are continuously expanding, into the regional and international markets. Axis Real Estate is a one stop shop, that provides all key services necessary to assist its foreign customers in buying, managing and selling its properties.

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