Grocery-anchored resi: Luxury groceries are becoming a preferred perk for multifamily developers, but will the trend last?

As South Florida gets denser, more developers are looking to put grocery stores, often recognized as retail’s trophy tenants, alongside apartments and condos. Publix, Aldi, Target, Trader Joe’s and Whole Foods are some mainstream grocers that have already demonstrated their ability to draw shoppers under this grocery-anchored residences model, but a new breed of upscale, wellness-driven grocers is testing whether South Florida consumers will pay a premium for their groceries and whether developers are willing to make room for them. Nude Miami and Wilder Market & Kitchen are among the South Florida luxe, health-forward grocers making their mark, as Erewhon […]

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