MMG Equity Partners plans to construct a retail center in the West Kendall neighborhood of Miami-Dade County as the latest phase of a 70-acre mixed-use project.
The Pinecrest-based developer has 5.14 acres at the corner of Kendall Drive/Southwest 88th Street and Southwest 158th Avenue under contract from KTC SW 88th St, LLC, led by Ed Schmidt, Robert Eckstein, Josh Rodstein, and Jeremy Larkin of NAI Miami. It’s part of the Kendall Town Center mixed-use project.
MMG announced plans for the Shops at Kendall Town Center, featuring 36,000 square feet of retail, plus another 4,321 square feet of outdoor terrace space. Its currently negotiating with prospective tenants, but doesn’t have any tenants to announce yet.
The developer said asking rent ranges from $65 to $70 per square foot. Schmidt and Eckstein are the leasing agents for the project.
The developer said it expects to close on the land in late 2026 and start construction in the first quarter of 2027. They are currently seeking administrative site plan approval from Miami-Dade County.
“Kendall Town Center represents an exciting opportunity to introduce highly curated retail to this rapidly growing submarket,” said Marcos Puente, partner at MMG. “The team at NAI Miami has done an exceptional job bringing this master-planned community to life. We have commitments from and are seeking additional quality tenants and are focused on delivering a destination that brings together dining, entertainment, and community in a way that reflects the continued growth of West Kendall.”
Kendall Town Center is located near West Kendall Baptist Hospital and Baptist Health South Florida owns another 17.9 acres there that is approved for 215,000 square feet of medical offices, 70,000 square feet of education and 125 hotel rooms. There are apartment projects of 576 units under construction by Trammell Crow Residential and 224 units by AvalonBay Communities. Future tenants for out-parcel spaces in the project include Raising Cane’s, El Car Wash, and Chase Bank. There are also plans for a self-storage facility there, plus 62 townhouses by Axtec Group.’
