The Miracle Center is an architecturally distinctive building located just outside the Coral Gables central business district in the City of Miami. The Miracle Center was formerly an enclosed shopping center and is comprised of 247,000 square feet of gross leasable space and over 1,200 parking spaces on three (3) levels.

Swerdlow Group acquired the building in 2000 through an affiliated real estate company and demolished the interior space for redevelopment. The single tenant in the building, Bally's Health Club, occupies approximately 36,000 square feet. The building has large open floor plates, potential for 20-foot clear heights and is ideally suited for "big-box" retailers. The building can also be used as a corporate headquarters for a large company looking to relocate in Miami.

A third development option is the redevelopment of Miracle Center into a mixed-use project with ground floor retail, large "New York-Style" lofts on the second and third floors and condominiums in a 90,000 square foot residential tower that can be added to the top of the parking deck.

Swerdlow Group recently completed the demolition and portions of the pre-development work at the Miracle Center and now offers the building for sale or joint venture.

Please click on the link below to view a copy of the Miracle Center sales brochure.

[link to brochure]