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Multifamily

Mar 19, 2026

Ram Realty Plans Publix-Anchored Mixed-Use Project on Biscayne Blvd

Ram Realty Plans Publix-Anchored Mixed-Use Project on Biscayne Blvd

Traded Media

Traded Media
Traded Media

Traded Editorial

2 min read
  • Publix files plans for 55,000 square foot grocery store
  • Project includes 417 apartments and structured parking
  • Site controlled by Ram Realty, acquired for $13.5M

What the Publix plan means for the project

A new Publix grocery store is set to anchor a mixed-use development along Biscayne Boulevard near North Miami. The planned 55,000 square foot store, including a liquor component, will serve as the retail foundation of a larger residential project. The design places parking above the store, reflecting a shift toward vertical retail formats in land-constrained markets like Miami-Dade County.

What the mixed-use scale means for development strategy

The full development plan includes 417 apartments across eight stories, along with a large parking structure. Combining residential density with essential retail creates a more efficient use of land while supporting both leasing demand and daily foot traffic. This approach has become increasingly common as developers look to maximize returns on limited large-scale sites.

What the site history means for value creation

The 7.08-acre site, previously occupied by lower-density uses, was acquired by Ram Realty in 2024. Redeveloping the parcel into a mixed-use project significantly increases its value by introducing both residential income and a stabilized retail anchor. This type of repositioning is a key strategy in South Florida, where redevelopment opportunities are becoming more limited.

What this signals for retail and multifamily trends

Publix continues to expand using mixed-use formats, integrating grocery stores with residential developments rather than standalone locations. This reflects changing retail economics and the need to adapt to urban environments. For developers, pairing a strong grocery anchor with housing remains one of the most reliable ways to create stable, long-term assets in high-growth markets like Miami.

What this means for investors

The project highlights a durable formula: combine necessity retail with residential density to drive consistent demand and predictable income streams.

As land becomes scarcer, expect more developments to follow this model, especially in core corridors like Biscayne Boulevard.

#Florida#Multifamily#Development Site
Published: Mar 19, 2026Last updated: March 19, 2026