The Design District
About Design District
Pros & Cons
Top 3 Things To Do
Median Price
The Location
Day & Nightlife
Walk Score
Comparable Neighborhoods
Demographics
About Design District
Design District, Where Art, Fashion, and Luxury Converge.
Description of the Neighborhood:
The Design District in Miami stands as a testament to creativity and luxury, where art, fashion, and design seamlessly intertwine.
This innovative neighborhood is a curated destination, showcasing cutting-edge architecture, high-end boutiques, and a vibrant cultural scene.
Pros & Cons
PROS:
Luxury Retail:
The Design District is a shopping haven with high-end boutiques, flagship stores, and designer showrooms, offering a world-class retail experience.
Artistic Expression:
The neighborhood is an art lover’s paradise, featuring public art installations, galleries, and cultural events that celebrate creativity.
Culinary Excellence:
Renowned for its gastronomic scene, the Design District boasts upscale dining options, attracting food enthusiasts with diverse culinary offerings.
CONS:
Higher Cost of Living:
Living in the The Design District which is one of the pricier neighborhoods in Miami, with a higher cost of living reflecting its luxury amenities and curated experiences.
Limited Residential Space:
While the neighborhood offers modern living options, residential space can be limited compared to commercial and retail spaces.
Top 3 Things To Do
Top 3 Things to Do in the area:
Luxury Shopping:
Indulge in luxury shopping at renowned stores such as Louis Vuitton, Gucci, and Hermès in the Design District’s Palm Court.
Public Art Tour:
Explore the neighborhood’s vibrant street art and public installations, including pieces by internationally acclaimed artists.
Dining at Michelin-Starred Restaurants:
Experience culinary excellence at Michelin-starred restaurants like Michael’s Genuine Food & Drink, offering a fusion of flavors in an upscale setting.
Median Price
Median Residential Rent:
Residential rentals in the Design District range from $3,000 to $6,000 per month, reflecting the neighborhood’s commitment to providing upscale living options with proximity to artistic and cultural institutions.
Median Residential Sale:
The median residential sale price in the Design District is higher compared to many other neighborhoods, often exceeding $1.5 million. The real estate landscape features modern condos, stylish lofts, and architectural gems.
Median Commercial Rent:|
Commercial rental rates in the Design District are on the higher end, ranging from $40 to $70 per square foot. The neighborhood’s reputation as a premier shopping and dining destination attracts businesses seeking a stylish and avant-garde setting.
Median Commercial Sale:
Commercial properties in the Design District have a median sale price ranging from $600 to $1,000 per square foot, emphasizing the area’s allure for businesses looking to establish a presence in a cutting-edge environment.
Data as of 12/2023 researched by RealFeed Research Department.
The Location
Nestled just North of Downtown Miami and next to Midtown Miami, the Design District is a dynamic and evolving area known for its contemporary architecture and upscale shopping experiences.
This neighborhood has transformed into a global hub for design and innovation, attracting visitors and residents alike with its unique blend of luxury retail, art galleries, and culinary delights.
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Day & Nightlife
What’s Happening?
During the day, the Design District comes alive with shoppers exploring luxury boutiques, art enthusiasts visiting galleries, and diners savoring culinary delights at high end restaurants such as ZZ’s, Contessa, Swan and more.
As night falls, the neighborhood transforms with upscale nightlife options, including trendy bars, stylish lounges, and cultural events that extend into the evening. The Design District offers a sophisticated and diverse range of experiences for both day and night.
Walk Score
Very walkable neighborhood. Lots to see.
430 17th Street Northwest
Very Walkable
Comparable Neighborhoods
Comparable areas are;
Wynwood:
Known for its street art and creative atmosphere, Wynwood shares the Design District’s commitment to artistic expression and cultural experiences.
Similar Areas
Demographics
The demographic in The Design District attracts a diverse demographic, including art enthusiasts, creative professionals, and individuals seeking a contemporary urban lifestyle and RICH PEOPLE!
The neighborhood’s focus on curated experiences and luxury living adds a cosmopolitan flair to its community.