Exterior — Kobi Karp KKAID
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Corner Gateway
A corner flagship retail building at the precise gateway between Wynwood's creative energy and the Design District's global luxury market. Designed by Kobi Karp. The last address of its kind.
Miami's Design District now ranks among the priciest retail destinations in the United States — an 18-block oasis for the ultra-wealthy, featuring glossy storefronts of the world's most prestigious luxury brands, Michelin-starred restaurants, a biohacking institute, and galleries that attract collectors from every continent. Retail rents have surged 67% to $500 per square foot. The district's total valuation is roughly $4 billion.
Development here is intentionally constrained. A Special Area Plan overlay and private master-planning by a partnership of Dacra, Brookfield Properties, and L Catterton keep supply permanently scarce. Its largest landlord recently added $100 million to an existing $250 million loan on six retail properties — with the lender stating the assets are "doing extremely well and underleveraged." This is not a speculative market. It is a structural scarcity machine.
175 NE 36th Street stands at the pedestrian gateway where Wynwood flows into the Design District — a corner position with four-sided visibility and maximum foot traffic capture from both districts simultaneously. Designed by Kobi Karp Architecture & Interior Design, the building delivers ~60,000 SF of escalator-connected commercial floors, a rooftop restaurant, and ground-level retail frontage on one of Miami's highest-footfall streets.
| Level | Use | Commercial Area | Feature |
|---|---|---|---|
| L 01 | Retail / Lobby | 8,400 SF | Corner street entry, escalators up |
| L 02 | Commercial | 6,279 SF | Escalator-connected retail |
| L 03 | Commercial | 6,778 SF | Escalator-connected retail |
| L 04 | Commercial | 6,787 SF | Escalator-connected retail |
| L 05 | Commercial | 5,985 SF | Escalator-connected retail |
| L 06 | Commercial | 5,993 SF | Escalator-connected retail |
| L 07 | Commercial | 6,681 SF | Escalator-connected retail |
| L 08 | Commercial | 6,596 SF | Escalator-connected retail |
| L 09 | Restaurant + Terrace | 1,602 + 1,714 SF | Open-air dining, panoramic city views |
175 NE 36th Street sits at the convergence of five of Miami's most dynamic urban corridors. When planned rail extends through this stretch, this corner will become the pedestrian heart of the city's most valuable retail zone — connecting beach, bay, arts, finance, and residential density into a single walkable experience for the first time.
Kobi Karp Architecture & Interior Design (KKAID) has delivered over $120 billion in award-winning work across four continents — hospitality, high-rise residential, luxury retail, cultural, and mixed-use developments spanning the Caribbean, the Americas, the Black Sea, the Gulf, and the Middle East. Three decades of practice. An unbroken record of landmark delivery.
His firm's headquarters are at 571 NW 28th Street — in the Wynwood corridor. This is not a commission from a distant architect. It is the authorship of someone who walks this neighborhood, knows its energy, and has built his career in its shadow. The design of 175 NE 36th Street carries that intimacy.
Karp's landmark portfolio includes Palazzo Del Sol and Palazzo Della Luna on Fisher Island — two of the most exclusive addresses in the United States — as well as Four Seasons Private Residences in Fort Lauderdale and Monad Terrace in Miami Beach. Each is a project where architectural provenance directly and measurably drives asset value. Buyers pay a premium specifically because of who designed the building.
For any retailer evaluating 175 NE 36th Street, a Kobi Karp building communicates investment seriousness before a single lease term is negotiated. It tells global luxury operators — Louis Vuitton, Hermès, the next flagship retailer that needs space in Miami — that this building belongs in their tier. Architecture is not cosmetic here. It is a fundamental driver of tenanting velocity and long-term rent escalation.
Every major global luxury retailer that wanted a flagship in Miami's Design District has already secured one. The streets are fully committed. For the next wave of aspirational brands — and for retailers who understand the operational efficiencies and customer experience advantages of true multi-floor department store programming — there is no comparable address left in the district. 175 NE 36th Street is not an alternative. It is the only option.
The building's escalator-connected floors — six to eight thousand square feet each, stacked nine levels high — create the rarest configuration in Miami luxury retail: a genuine vertical department store with natural customer flow, generous back-of-house, a rooftop destination experience, and a corner gateway position that no single-floor Design District boutique can replicate.
This is not speculative real estate. It is an investment-grade brand platform at the intersection of the two most valuable retail corridors in South Florida — with a transit catalyst incoming, a world-class architect attached, and zero comparable inventory available in the market at any price.
175 NE 36th Street is presented by Cosmova USA, a Kalakbayson portfolio company. Qualified investors and prospective anchor tenants are invited to request full project documentation, architectural drawings, financial projections, and leasing terms.
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