Metro Jewelry Plaza, a well-known landmark in Downtown Miami, is set to open its doors this June under new ownership. The revitalized plaza will offer a fresh space for emerging jewelry designers, diamond dealers, bridal experts, and luxury watch companies. The transformation is led by Elysee Investments, a New York and Florida-based real estate firm owned by Avi Dishi and Haim Yehezkel.
The Plaza, located at 1 N.E. 1st Street, will become a key destination for cutting-edge jewelry and watch designs. Spanning over 225,000 square feet, it will provide space for innovative talent looking to make their mark in the luxury market. The Plaza aims to offer a mix of retail space and showrooms, making it a prime location for those in the jewelry and watch industries.
Avi Dishi, CEO of Elysee Investments, emphasized Miami’s potential in the luxury market: “Miami presents an unparalleled opportunity for the next generation of jewelry and watch designers. Our goal is to create a creative hub where designers can grow and introduce modern designs to a global audience.”
A New Era for Miami’s Jewelry Scene
Metro Jewelry Plaza has undergone a major transformation, with award-winning architect Kobi Karp overseeing the design. The Plaza’s new look combines modern architecture with functionality, providing top-quality space for both boutique and larger retailers seeking to expand in the thriving South Florida market.
The Plaza boasts several key features:
- A four-story atrium that creates an open, contemporary shopping atmosphere.
- Eight floors of retail, showroom, and office spaces, ideal for flagship stores and growing brands.
- A dedicated gas-burning system on the Basement Level, unique in jewelry buildings, supporting on-site jewelry production and manufacturing.
- Convenient valet parking and access to public garages, enhancing the shopping experience.
- A curated selection of luxury jewelry, custom designs, diamond dealers, and watches.
- Proximity to Miami International Airport, Metro Rail, and the Brightline for easy access for both domestic and international visitors.
- Vault services available to tenants and visiting designers on a first-come, first-served basis.
As Downtown Miami continues to develop into a luxury lifestyle center, Metro Jewelry Plaza is expected to play a key role in the city’s growing jewelry and watch industry.
A Proven Leader at the Helm
Adam Anderson, an expert in commercial property management, will oversee leasing and operations at Metro Jewelry Plaza. With a history of managing high-value properties across Florida, Anderson is tasked with attracting top tenants and ensuring the Plaza’s success in Miami’s competitive luxury market.
“The wait is over—Metro Jewelry Plaza will open this June,” says Anderson. “This marks a turning point for the jewelry industry in Miami, offering a world-class space where luxury and business converge. With our prime location and cutting-edge facilities, we’re setting a new standard for the future of the trade.”
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