Directly at the Gateway to Miami Beach. The MacArthur Causeway, the “main entrance” to Miami Beach and the direct link from the Downtown Miami- Brickell market leads right to the Project. The strategic intersection of Fifth Street and Alton Road (NEC) is Main and Main on Miami Beach. The Project will dominate the view and is poised to capture significant traffic as it approaches this unique and exceptional site .

Completed in August 2009, Fifth and Alton, a 180,000 sq. ft., three level vertical retail shopping center and a six story, 1,080 space parking garage covers an entire city block at the entrance to the Art Deco District of Miami Beach, and incorporates a historic 1920’s pharmacy building into the edgy architecture. The Center was awarded the Urban Land Institute's Vision Award for 2010 Project of the Year because of its visionary and creative design which maximized the buildable area, the project’s execution and implementation, its immense positive impact within the community, and because of the inordinate number of potentially insurmountable obstacles which had to be overcome over an eight-year period to become a spectacular reality in an impossible economy. The project is 96% leased. Jeff Berkowitz of Berkowitz Development accepted the award on behalf of the project.

Jeff Berkowitz, president of Berkowitz Development Group, developed the project as a joint venture with Alan and Robert Potamkin. Robin Bosco Architects & Planners designed the structure.

To see the Florida Real Estate Journal article, click here.

In addition to Miami Beach's year-round population of 88,000, the population swells to approximately 110,000 during certain times of the year. The seasonal residents either rent or own housing units in Miami Beach, but are not accounted for in any official statistics or census. The income levels of these residents are estimated to be between $75,000-$250,000.

The Project is located within a designated Enterprise Zone, which offers a large menu of Federal, State and Local benefits to new businesses which are established within the Zone, including, but not limited to Ad Valorem Tax Abatements, tax credits for new jobs and Sales Tax Refunds on Business Equipment and Building Materials.

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1080 Spaces, accessible by speed ramps, which will enable customers to easily drive directly to the store entrance. This is the most inviting and consumer-friendly retail-parking environment available anywhere on Miami Beach.