Two massive experiential retailers will be among the first businesses open next to the upcoming stadium for Miami’s Major League Soccer team, Inter Miami CF.
Courtesy of The Boundary
A rendering of Miami Freedom Park, which is expected to deliver its first phase in April.
The $1B Miami Freedom Park project has signed three retailers to a combined 120K SF of leases at the 131-acre campus: global live-entertainment company Fever, Tiger Woods-backed golf entertainment venue PopStroke and Puerto Rico-based adventure park Toroverde.
PopStroke signed the largest lease, occupying 75K SF. Headquartered in Jupiter, Florida, and Dallas, the mini-golf locations feature 18-hole courses, multiple bars, an ice cream parlor and a BarTenders restaurant. The company has 19 locations in Florida, Texas, Alabama, Nevada and South Carolina.
Fever, known for events like Stranger Things: The Experience, plans to offer a rotating slate of ticketed immersive activities in a 30K SF location. The company has spread to more than 40 countries in the last year.
Toroverde, known for its zip line courses, climbing towers, suspension bridges and high ropes courses in Puerto Rico, signed a 24K SF lease.
The first retailers are expected to open in April 2026 alongside the 25,000-seat Inter Miami CF stadium, developed by Jorge Mas, José Mas and David Beckham, and youth athletic fields and civic plazas.
“Miami Freedom Park is thoughtfully curating a one-of-a-kind destination that blends sport, entertainment, and hospitality in a way that only Miami can,” Miami Freedom Park President Devon McCorkle said. “Our goal has been to create a place that offers something new and unexpected on every visit — and this first wave of tenants embodies that vision.”
The development, helmed by the club’s owners, including billionaire construction magnate Jorge Mas and Beckham, the former soccer star, is planned to include 360K SF of restaurant space, 240K SF of retail, 750 hotel rooms and 400K SF of offices at full build-out.
It is the first stadium district in South Florida, despite the development type growing in popularity across the country and Miami boasting teams in all four major North American sports leagues.
The sizable leases come as Miami retail has slowed after a torrid few years. Asking rents fell by more than 6% year-over-year countywide, according to Colliers, and the vacancy rate — while still low at 3.8% — has ticked up for three straight quarters.
