NoBe Parc Miami Beach, an under-construction, 15-storey, 232-residence development from Robert Finvarb Companies in North Beach, has launched leasing efforts for six ground-floor retail spaces of luxury retail in a neighbourhood where listings for condos average $1,029 per square foot.

Inhouse Commercial has been appointed to lead the leasing effort of more than 11,000sq ft of retail across six spaces. Each is built with floor-to-ceiling glazing and frontage along 72nd Street, Abbott Avenue and Byron Avenue.

The announcement comes as North Beach’s residential growth continues to outpace the retail available to serve it – a gap NoBe Parc is designed to help close, according to developer Robert Finvarb.

“This neighbourhood is where I grew up and the ground floor matters to me as much as the residences above it,” Finvarb said. “We want operators who actually understand this neighbourhood and I think North Beach will feel the difference when these doors open.”

Finvarb’s leasing strategy is built around curating a retail mix that serves the community’s daily rhythms while drawing destination visits from Miami Beach’s affluent northern corridor.

Inhouse states it will be targeting categories that build “a cohesive, elevated retail environment”. Under consideration are wellness and med-spa concepts; boutique fitness studios; salons and personal care services; specialty grocers and chef-driven restaurants and cafes.