March 2, 2017 Real Estate News

Time Out Market, A Gourmet Food Hall, Coming To Miami Beach

More dining options are in the works for Miami Beach residents and visitors near Lincoln Road, with Time Out Market, a gourmet food hall, opening soon. The city’s planning board on Tuesday approved a conditional use permit for 420 Lincoln Road Development LLC to operate a Time Out Market at 1601 Drexel Avenue, on the ground floor of a parking garage built in 2012, just around the corner from Lincoln Road.

The building is owned by Paul Cejas, who moved to Miami from Cuba in the 1960s and founded one of the country’s largest Hispanic-owned businesses, CareFlorida Health Systems, which was bought out by Foundation Health for $250 million in 1994. Cejas, who served as U.S. ambassador to Belgium in the Clinton Administration, owns several properties on Miami Beach including 420 Lincoln Road, which has tenants such as Zara, McDonald’s and Starbucks.

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Source: The Real Deal