Retail developer Gadinsky Real Estate and Florida-based Echion USA are entering into a joint venture with South Florida developer CC Lakeside to develop a new, $5.7 million shopping center in Doral, dubbed the Doral Signature Shops, the firms announced today.
The 11,000 square foot shopping center will break ground this fall and plans to open by spring 2014. The new center has already nabbed anchor tenants: Mercantil Commercebank and Starbucks, which signed for 4,000 and 1,750 square feet, respectively. The retail center will be located at the northwest corner of Doral Boulevard and NW 114 Avenue.
“We are very pleased to announce our partnership with Armando and Jim to bring Doral Signature Shops to the heart of Doral,” Seth Gadinsky, owner of Gadinsky Real Estate, said in a statement. “With Starbucks and Mercantil Commerce Bank on board, the center will offer an ideal mix of shops and services specifically suited to area residents and visitors.” —Christopher Cameron