The Shops at Sunset Place

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The Shops at Sunset Place
TheShopsStairs.JPG
Grand Staircase, 2008
The Shops at Sunset Place
Location South Miami, Florida, U.S.
Coordinates 25°42′18″N80°17′10″W / 25.7049°N 80.2862°W / 25.7049; -80.2862
Opening dateDecember 18, 1998
OwnerFederal Realty
Grass River Property
Comras Company/Ana Sanz, MD
No. of stores and services60
Total retail floor area 514,000 sq ft (47,800 m2).
No. of floors3
Website shopsunsetplace.com

The Shops at Sunset Place is an outdoor shopping mall in South Miami, Florida at the intersection of Dixie Highway (US 1) and Red Road (West 57th Avenue). The mall opened in 1999. It was owned by Federal Realty, Grass River Property, and Comras Company prior to 2021 acquisition by Midtown Opportunities.

Contents

The Shops at Sunset Place is serviced by the Miami Metrorail at the South Miami station. The station is located across the street from the shopping mall on the corner of Sunset Drive and US 1.

In 2014 the Shops at Sunset Place housed the Miami-area's only GameTime location. [1] There was a Forever 21 across from a spot for a restaurant. A Splitsville Luxury Lanes and Dinner Lounge bowling alley was added in 2008. The largest tenant was a 24-screen cinema operated by AMC Entertainment with about 92,000 square feet (8,547 m2). [2]

Prior to the building of Sunset Place, the property was the site of The Bakery Centre, which opened in 1986 on the site of the old Holsum Bread Bakery. [3] The Bakery Centre was a retail and office complex that included a 7-screen AMC Theatres multiplex. It was demolished in 1996.

In October 2015, Simon Property Group sold the mall to Federal Realty, Grass River Property, and the Comras Company for $110 million. [4]

In January 2021 Midtown Opportunities acquired the Shops at Sunset Place for $65.5M, a $44.5 million loss for the sellers. [5]

See also

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References

  1. ↑ "Welcome to GameTime". GameTime. Retrieved December 19, 2014.
  2. ↑ Bandell, Brian (October 14, 2014). "Simon could unload Shops at Sunset Place". South Florida Business Journal . Retrieved December 19, 2014.
  3. ↑ Boyd, Christopher. "A failed luxury mall in South Miami, Fla., is demolished for a new mall with a new concept.", The New York Times , 1996-12-18. Retrieved on 2009-08-22.
  4. ↑ "The Shops at Sunset Place sells for $110 million". Miami Herald. October 1, 2015. Retrieved 9 Mar 2016.
  5. ↑ https://rebusinessonline.com/midtown-development-acquires-shops-at-sunset-place-in-south-miami-for-65-5m
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