Specialty discount retailer Five Below opened its newest Miami location at River Landing Shops & Residences today, making it the latest addition to one of Miami's most anticipated mixed-use developments on the Miami River.
Five Below joins Hobby Lobby, Burlington Stores, and Publix Supermarkets as major national retail tenants who have opened its doors at River Landing in September. AT&T and Chase Bank are scheduled to open later this week, with Ross Dress for Less and Planet Fitness opening later this fall. In the coming months, River Landing will also welcome TJ Maxx, Old Navy, Ficelles Boulangerie Patisserie, and Chick-Fil-A, among others.
“We are grateful for the community's enthusiastic response since we rolled out our first store openings at River Landing this month. We can’t thank everybody enough for making the opening of River Landing a success,” said Coralee Penabad, co-principal of Coral Gables-based Urban-X Group. Penabad, together with co-principal Andrew Hellinger, developed the project owned by H&R REIT based in Canada. “We welcome Five Below to the River Landing family and anticipate the community will take advantage of the great deals the store offers.”
Five Below is a leading high-growth value retailer offering trend-right, high quality products loved by tweens, teens and beyond. Most items in its store are priced $1-$5, with some extreme value items priced up to just $10. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has 900+ stores in 36 states. Its Grand Opening celebration will be on October 2 and 3, 2020
River Landing is a $452 million, 8.14-acre mixed-use project that is revitalizing the banks of the Miami River and injecting life into a long-forgotten pocket of Miami. The sprawling 2.2 million-square-foot development features retail, office, apartments, a landscaped riverwalk, green spaces for enjoyment, cultural events, and boat docks. The complex anchors the Mid River District, the city’s newest arts a culture hub and a platform for community through vibrant event programming and cultural activities.
River Landing is located steps away from the Health District, with a daytime population of more than 50,000. Strategically located between downtown Miami and Miami International Airport, River Landing will help meet the growing demand for quality discount retail, grocery, banking, and lifestyle services. It is one of the few retail, office, and residential developments that are accessible by boat in Miami.
By incorporating the Miami River into the project, River Landing will offer shoppers an experience that cannot be replicated by online shopping. The new development offers a large open, outdoor atrium that connects the retail stores and creates a communal space for residents and visitors to enjoy while maintaining social distancing. Its design merges interior and exterior environments, allowing retailers to extend into the riverfront patio and atrium spaces to enhance the overall customer experience.
“I am excited to see the River Landing project continue to evolve into one of our county’s finest mixed-use developments that creates public access to the Miami River and provides a unique riverside walkway,” said Miami-Dade Commissioner Daniella Levine Cava. The much needed revitalization of our Miami River banks, combined with job growth and economic development opportunities, makes River Landing a win-win project for our community.”
The mixed-use development consists of approximately 345,000 square feet of retail/commercial space, 135,000 square feet of office, 528 market-rate apartments, more than 2,000 parking spaces and the 25-foot-wide riverwalk. A 25,500-square-foot restaurant raw can be divided into seven concept restaurants, including from fine dining to casual and family-style outlets.
River Landing is accessible by Miami-Dade’s main thoroughfares: Interstate 95 and State Road 836. The complex has proximity to two Metrorail stations and the rapid transit system that connects all the major hospitals and research centers to Downtown Miami, East Kendall and Hialeah as well as the Tri-Rail, a commuter rail line linking Miami, Fort Lauderdale, and West Palm Beach.
For more information visit: https://riverlandingmiami.com/
