Colliers Lands Retail Leasing at Sunbeam's $1B Miramar Cove
The leasing assignment lands roughly three months after groundbreaking, putting a live pipeline in front of retailers and GCs on a 125-acre site.
Colliers has been tapped to lead retail leasing at Miramar Cove, Sunbeam Development Corp’s roughly $1 billion, 125-acre mixed-use project in Miramar, putting a live leasing pipeline in front of retailers and brokers on a site that broke ground in May. The assignment covers about 400,000 square feet of retail, dining and entertainment space anchored by a 35,000-square-foot grocer, inside a project that also carries 2,874 residences, 125,000 square feet of office and a 185-key hotel.
Why it matters
For retailers scoping Miramar and Broward County, this is not a rendering, it is an active leasing mandate on a site already under construction with Stiles as builder. Colliers brokers David Gabbai, Nicole Fontaine and Jake Horowitz are now taking retailer meetings on space inside a project the City of Miramar entitled two years ago under its prior name, The Park Miramar. For general contractors and subcontractors, a named retail leasing team signing tenants is typically the leading indicator for tenant buildout bid packages, which follow leases rather than groundbreaking.
The numbers
Miramar Cove sits on the northeast corner of Red Road and Miramar Parkway. The city’s October 2024 commission review, when the project still carried its prior name, put the site at 125.8 acres and detailed the entitlement source for the 2,874 units: 156 drawn from Miramar’s unified housing pool and 500 redevelopment units, filed jointly by Sunbeam Development Corp and an entity called Cleghorn Shoe Corporation. The retail program pairs 400,000 square feet of shops and restaurants with a 5.5-acre water feature called Blue Mar Basin as the project’s central amenity.
What’s next
Sunbeam and Stiles are targeting a fourth-quarter 2028 opening, with the development built in two phases. Colliers’ leasing push now runs in parallel with vertical construction, which means the retail mix, not just the residential absorption, becomes the next milestone worth tracking for anyone bidding tenant improvement work or chasing a Broward storefront ahead of a 2028 delivery.
On the record
What we checked ourselves, and where you can check it too.
- Public recordThe City of Miramar's own October 16, 2024 commission agenda, when the project was still called The Park Miramar, shows the entitlement math behind the 2,874 units: 156 units drawn from the city's unified housing pool and 500 redevelopment units, on a site the application listed at 125.8 acres at the northeast corner of Red Road and Miramar Parkway, with Cleghorn Shoe Corporation named alongside Sunbeam Development Corp as applicant.View the record on floridayimby.com