A Vision Comes to Life
The Miami Design District is poised for an exciting transformation with the recent groundbreaking of MIRAI Design District, a highly anticipated mixed-use development. Securing an impressive $85 million construction loan from Monroe Capital LLC, this innovative project is set to redefine the area, offering a harmonious blend of luxury retail, hospitality, and boutique office spaces.
Architectural Innovation by Kengo Kuma
At the helm of this ambitious project is Kengo Kuma, a globally celebrated architect renowned for his ability to seamlessly fuse architecture with nature and cultural narratives. MIRAI marks his debut mixed-use development in the United States, representing a significant milestone not only for Kuma but also for the architectural landscape of Miami. The design, envisioned as a “floating lantern,” will feature a transparent ground floor, enhancing the connection between the building and its surroundings while inviting the community into the heart of the Design District.
A Curated Experience for the Discerning Investor
MIRAI Design District will feature approximately 41,000 square feet of Class A boutique office space alongside 16,000 square feet of high-end retail and hospitality venues. This unique offering is tailored to attract family offices and mid-sized funds seeking an environment that mirrors their brand identity. According to Ophir Sternberg, founder and CEO of Lionheart Capital, this project encapsulates the evolving vision of Northeast Second Avenue, as it transitions into a vibrant corridor of luxury and culture.

Beyond Traditional Mixed-Use Development
Allison Greenfield, managing partner of Leviathan Development, emphasizes that MIRAI is designed to be more than just a conventional mixed-use space. “The goal was to create an environment where architecture, hospitality, retail, and workplace culture feel fully integrated,” she explains. This philosophy aims to cater to the modern lifestyle of Miami’s residents and visitors, fostering a sense of community and collaboration.
The Future of the Design District
As MIRAI continues to take shape, it promises to elevate the Design District’s status as a premier destination for luxury and cultural experiences. The project is set to be a catalyst for further architectural innovation, joining a chorus of notable developments in the area. With plans for cultural activations and a dynamic façade lighting program in collaboration with Viabizzuno, MIRAI is committed to becoming an integral part of the neighborhood’s fabric.
Curation as a Cornerstone
The emphasis on curation extends to the selection of future tenants, as Eduardo Pelaez, principal of Well Duo, highlights the importance of collaboration between businesses that share a mutual appreciation for design and culture. This careful curation aims to create a community of brands that enhance both the building and the broader neighborhood, ensuring that every aspect of MIRAI contributes to a unique and sophisticated visitor experience.
A Bright Future Ahead
As construction progresses, anticipation builds for additional tenant announcements, hospitality partnerships, and cultural programming initiatives that will further enrich the MIRAI experience. With its exquisite design and thoughtfully curated offerings, MIRAI Design District is set to become a landmark destination in Miami, embodying the city’s thriving luxury market and its commitment to architectural excellence.



Editorial note: This article was created by A Bit Lavish Miami’s Magazine as an original editorial reinterpretation based on publicly available reporting. Original source: profilemiamire.com. Read the original article here: https://profilemiamire.com/miamirealestate/2026/6/3/mirai-design-district-secures-85-million-construction-loan-and-breaks-ground-on-kengo-kuma-first-us-mixed-use-development.
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