Publix Plans to Build a Waterfront Store in Florida
MIAMI BEACH, FL - We often report on new formats, which means it isn’t easy to be taken aback by what retailers are doing in the big bad world of grocery. However, when Publix announced that it was opening a waterfront store, I couldn’t help but be aghast. A Publix at which people can park their boats? This is 2019.
According to a report from The Real Deal, a South Florida real estate news source, Albert Benalloun, a principal at Miami Beach-based TransAmerican Development Corp., closed on the property for 4.75 million. Benalloun will then lease the three-story store to Publix. The property will include a dock where boaters can park their boats and go grocery shopping. The future truly is here, y’all!
Construction is expected to begin in the third quarter of 2020 and the project estimated to cost roughly $18 million.
When the news source reached out for comment, a spokesperson for Publix did not immediately respond.
What’s next in the world of new retail formats? AndNowUKnow will report the latest.