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Retail

Jun 3, 2025

Whole Foods To Open Under Russell Galbut's Forma Miami in Late June

Whole Foods To Open Under Russell Galbut's Forma Miami in Late June
Traded Media
Traded Media

Traded Editorial

2 min read

Key Points

  • Whole Foods opens June 26 at the base of Forma Miami, Crescent Height's 39-story, 588-unit multifamily tower.

  • Over 500 Florida-made items highlight rising local demand for upscale, walkable urban retail.

  • Grocery-anchored multifamily projects like this one are surging — and Edgewater is booming.

Whole Foods Signals Edgewater’s Rise with New Flagship Store

Whole Foods Market is doubling down on Miami’s urban core. The Amazon-owned grocer is set to open its newest 53,400-square-foot store on June 26 at 2910 Biscayne Blvd. in Edgewater. But this isn’t just a new grocery stop — it’s a real estate play.

Anchoring the base of Crescent Heights’ 39-story Forma Miami, a 588-unit luxury tower, the new Whole Foods represents a growing trend: grocery-anchored multifamily developments designed for convenience, density, and lifestyle.

Whole Foods + Housing = Prime Urban Synergy

  • Multifamily anchored by grocery is outperforming: According to JLL, retail in mixed-use projects — especially grocery-based — enjoys higher foot traffic, rents, and long-term tenant retention.

  • Edgewater, a neighborhood once overlooked, now hosts a trophy-level retail tenant at one of its newest towers — a major signal for brokers and investors.

  • “A Whole Foods at your doorstep” isn’t just marketing fluff. It boosts lease-up velocity and commands a premium in rent per square foot.

Florida Roots: 500+ Local Products

Whole Foods Edgewater will highlight the following at this location:

  • Seafood from Greg Abrams (Panama City) and Cox’s Seafood (Tampa)

  • Produce like lychee and passion fruit from EcoRipe Tropicals in Medley

  • Baked goods from Zak the Baker and Bunnie Cakes (both South Florida staples)

  • Craft beers and over 700 wines, many from local breweries

  • Local design touches, from tropical flora to bird motifs, reinforce Miami pride

This hyper-local focus is a win for both consumers and developers, as it creates a differentiated retail identity that boosts foot traffic and brand loyalty.

Opening Day = Buzz Builder

  • Doors open at 9 a.m. on June 26

  • First 300 customers get a custom tote and up to $100 in coupons

  • Complimentary sips from Wells Coffee and bites from Zak the Baker

  • Gelato pops from Gelatys offered to afternoon shoppers

What It Means for Edgewater

The Whole Foods-Forma pairing is a strong case study in modern urban development:

  • Edgewater has arrived — this store confirms long-term residential and retail demand

  • Investors should watch the leasing performance post-opening; expect velocity to tick up

  • Grocery-anchored real estate is more than a trend — it’s a durable model for value creation

Expect more developers to chase similar models in Miami and other Sunbelt growth nodes

 

#Florida#Retail#Multifamily
Published: Jun 3, 2025Last updated: June 3, 2025