Apr 1, 2025
Lincoln Road Is Now Miami Beach’s Culinary Hotspot
Traded Editorial
Key Points
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8 new restaurants added to Lincoln Road—including first U.S. outposts and celebrity hotspots.
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$52M in revenue last year from MILA alone shows the strip’s mining power.
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Surge backed by luxury residential and hotel developments like The Ritz-Carlton Residences and Grand Hyatt.
Lincoln Road on Miami Beach is cooking up more than sunshine and sidewalk strolls—it’s becoming a culinary battleground for global powerhouses. From Colombia’s legendary Andrés Carne de Res to L.A.’s celeb-favorite The Nice Guy, high-profile players are betting big on this historic pedestrian strip.
Lincoln Road’s Restaurant Revival
The pedestrian mall welcomes eight new culinary concepts, with names and numbers that demand attention.
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MILA, already raking in $52 million in annual revenue, is setting the bar high.
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Newcomers like Oro, El Carnival Churrascaria, and Zaytinya are staking claim alongside international brands like Prince Street Pizza and Negroni Caffe.
These aren’t small-time operators:
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The h.wood Group (Delilah) is bringing its signature vibe to 7,000 sq ft at 1657 Michigan Ave. for The Nice Guy

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Noble 33, behind hotspots like Casa Madera, plans to open Mēdüzā Mediterranïa in 2026.

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Andrés Carne de Res, the iconic Colombian eatery, made its U.S. debut with a massive 10,000 sq ft, four-floor venue last October.
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💡 Why It Matters for Investors
With a footfall of over 10.8 million annual visitors, Lincoln Road is a rare pedestrian zone in car-heavy South Florida.
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The strip benefits from proximity to Billionaires' Row and is surrounded by new luxury developments like the Rosewood Residences, One Soundscape Park, and the upcoming Thompson Hotel.
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Hospitality investments like the Grand Hyatt Convention Center Hotel and Citizen M are expected to flood the area with high-spending tourists and professionals.
This convergence is supercharging retail rents and boosting tenant desirability.
Spotlight on the Concepts
A few headliners from the new class of tenants:
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Oro – A luxe meat-and-seafood concept with a 300-seat layout and a soon-to-launch Elixir Lounge featuring aerialists and fire dancers.

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Negroni Caffe & Sushi Bar – Expanding from Beverly Hills to Miami with day-to-night al fresco dining.
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El Carnival Churrascaria – Adds live samba and bossa nova to the Brazilian barbecue experience.
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Prince Street Pizza – The NYC favorite opens its first Florida brick-and-mortar.

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Zaytinya at The Ritz-Carlton – José Andrés brings Mediterranean mezze magic to Miami Beach.
An Iconic Stretch
The evolution of Lincoln Road isn’t just about food—it’s about high-yield potential. With luxury real estate rising and foot traffic booming, restaurant tenants are reshaping this iconic stretch into Miami’s most lucrative open-air dining corridor.
Landlords, watch this space. A new culinary standard is being set, and Lincoln Road is leading the charge.