NEWS
Time Century Jewelry District
Signs Lease with Downtown Miami’s High-Profile Diamond & Fine Jewelry Jeweler
Freddy’s Certified Diamonds & Fine Jewelry is the latest tenant to join state-of-the-art Time Century Jewelry Center scheduled to open in mid-2022
Dateline: Miami, Florida, April 27th, 2021.
As the retail market continues to gain steam despite the pandemic, Time Century Jewelry Center has signed a lease with Freddy’s Certified Diamonds & Fine Jewelry. Freddy’s, considered a pillar of the jewelry & diamond district in downtown Miami, will occupy 2,500 square feet in the new luxury jewelry center scheduled to open in the third quarter of 2022.
Time Century, formerly known as Metro Mall, is undergoing a $50 million renovation led by renowned architect Kobi Karp to become the heart and soul of the jewelry district in downtown Miami. This development is the brainchild of Yair Levy, who leads Time Century Holdings LLC, a real estate investment and development firm with a diversified portfolio of holdings in New York and Florida.
“We are ecstatic to welcome Freddy’s to the growing Time Century family,” said Isis Pellegrino, who handles in-house leasing for Time Century. “The quality of tenants that Time Century continues to attract will make our jewelry center Miami’s premier destination for luxury jewelry retailers, wholesalers, consumers and watch enthusiasts. Our building truly marks a new beginning for one of the largest jewelry districts in the country that continues to grow in importance.”
Since 1975, Freddy’s Certified Diamonds & Fine Jewelry has served as the leading jewelry destination for South Floridians with an in-store and online multimillion-dollar diamond inventory. Freddy’s offers a full range of services including custom designs, special orders and even a complete in-store repair center, with a specialization in a vast selection of GIA Certified Diamonds, engagement rings and wedding bands. Freddy’s will be relocating from another location in downtown Miami.
“We are excited to expand our store in this rapidly growing city and look forward to being part of Miami’s new premier jewelry center,” said Howard Steinlauf, co-owner of Freddy’s.
Once completed, the jewelry center will boast four floors of luxury jewelry retail and wholesale space as well as four additional floors of offices. The wholesale retail space currently available ranges from 500 to 2,000 square feet with rental rates ranging from $65 to $150 per square foot.
With glass storefronts, soaring ceilings, elegant escalators and elevators, and state-of-the-art security, Time Century will be the first luxury high street retail property in Miami’s jewelry & diamond district.
A large three-story atrium with newly designed escalators and computerized directories will seamlessly direct customers throughout all levels. Most tenants will have unobstructed signage viewable from the main floor. Customers will also benefit from Time Century’s valet parking service and the several newly-built public parking garages steps away from the building.
Located along NE First Street and E. Flagler Street, Miami’s vibrant jewelry district is home to more than 400 jewelry stores in a four-block radius. The district generates close to $1 billion in sales annually. The area has easy access to MetroRail, People Mover and the Brightline train, connecting Miami to Fort Lauderdale and West Palm Beach. The district is minutes away from PortMiami, known worldwide as the "Cruise Capital of the World." Millions of tourists visit Downtown Miami each year and many more are expected to arrive as soon as the Brightline commuter train opens a station in Orlando, connecting Miami tourists to Orlando’s theme parks.
In addition to tourists, Downtown Miami has seen a drastic increase in full-time residents. In recent years, people have moved into the highly-amenitized high-rises built in the area in the last decade. As a result, its population is expected to reach 109,617 by the time the 2020 census is completed. That would represent a 67 percent increase since 2010. The City of Miami has been ranked as the fourth “Most Walkable City” in the U.S. because of its Downtown. A major contributor to this growth is the jewelry district.
About Time Century Holdings LLC
Time Century Holdings is a real estate investment and development firm with a diversified portfolio of holdings in New York and Florida. TCH principals have over 50 years of experience as an operator and owner of retail stores. The Time Century building represents the company’s most recent South Florida acquisition. Time Century Holdings is looking to grow its Florida real estate portfolio through the acquisitions of retail assets.
As the retail market continues to gain steam despite the pandemic, Time Century Jewelry Center has signed a lease with Freddy’s Certified Diamonds & Fine Jewelry. Freddy’s, considered a pillar of the jewelry & diamond district in downtown Miami, will occupy 2,500 square feet in the new luxury jewelry center scheduled to open in the third quarter of 2022.
Time Century, formerly known as Metro Mall, is undergoing a $50 million renovation led by renowned architect Kobi Karp to become the heart and soul of the jewelry district in downtown Miami. This development is the brainchild of Yair Levy, who leads Time Century Holdings LLC, a real estate investment and development firm with a diversified portfolio of holdings in New York and Florida.
“We are ecstatic to welcome Freddy’s to the growing Time Century family,” said Isis Pellegrino, who handles in-house leasing for Time Century. “The quality of tenants that Time Century continues to attract will make our jewelry center Miami’s premier destination for luxury jewelry retailers, wholesalers, consumers and watch enthusiasts. Our building truly marks a new beginning for one of the largest jewelry districts in the country that continues to grow in importance.”
Since 1975, Freddy’s Certified Diamonds & Fine Jewelry has served as the leading jewelry destination for South Floridians with an in-store and online multimillion-dollar diamond inventory. Freddy’s offers a full range of services including custom designs, special orders and even a complete in-store repair center, with a specialization in a vast selection of GIA Certified Diamonds, engagement rings and wedding bands. Freddy’s will be relocating from another location in downtown Miami.
“We are excited to expand our store in this rapidly growing city and look forward to being part of Miami’s new premier jewelry center,” said Howard Steinlauf, co-owner of Freddy’s.
Once completed, the jewelry center will boast four floors of luxury jewelry retail and wholesale space as well as four additional floors of offices. The wholesale retail space currently available ranges from 500 to 2,000 square feet with rental rates ranging from $65 to $150 per square foot.
With glass storefronts, soaring ceilings, elegant escalators and elevators, and state-of-the-art security, Time Century will be the first luxury high street retail property in Miami’s jewelry & diamond district.
A large three-story atrium with newly designed escalators and computerized directories will seamlessly direct customers throughout all levels. Most tenants will have unobstructed signage viewable from the main floor. Customers will also benefit from Time Century’s valet parking service and the several newly-built public parking garages steps away from the building.
Located along NE First Street and E. Flagler Street, Miami’s vibrant jewelry district is home to more than 400 jewelry stores in a four-block radius. The district generates close to $1 billion in sales annually. The area has easy access to MetroRail, People Mover and the Brightline train, connecting Miami to Fort Lauderdale and West Palm Beach. The district is minutes away from PortMiami, known worldwide as the "Cruise Capital of the World." Millions of tourists visit Downtown Miami each year and many more are expected to arrive as soon as the Brightline commuter train opens a station in Orlando, connecting Miami tourists to Orlando’s theme parks.
In addition to tourists, Downtown Miami has seen a drastic increase in full-time residents. In recent years, people have moved into the highly-amenitized high-rises built in the area in the last decade. As a result, its population is expected to reach 109,617 by the time the 2020 census is completed. That would represent a 67 percent increase since 2010. The City of Miami has been ranked as the fourth “Most Walkable City” in the U.S. because of its Downtown. A major contributor to this growth is the jewelry district.
About Time Century Holdings LLC
Time Century Holdings is a real estate investment and development firm with a diversified portfolio of holdings in New York and Florida. TCH principals have over 50 years of experience as an operator and owner of retail stores. The Time Century building represents the company’s most recent South Florida acquisition. Time Century Holdings is looking to grow its Florida real estate portfolio through the acquisitions of retail assets.
Time Century Jewelry Center will house over 300 jewelry stores and jewelry-related offices
Plans to open are targeted for September 2022, offering over 225,000 square feet within their beautifully appointed luxury landmark location. The entire project is designed with the latest state-of-the-art conveniences necessary to service the growing influx of jewelers, watch companies, and jewelry trade services now establishing themselves in the heart of downtown Miami. With a sizeable three-story atrium and custom-designed escalators, shoppers can see through to the elegant salons throughout the first three levels. Most retail spaces will have clear signage viewable from the main floor.
Visiting customers will also benefit from Time Century's very own valet parking service or select from several newly-built public parking garages steps away from the building. Downtown Miami is slated to be one of the fastest-growing downtown areas in the nation. Re-vitalizing this anchor tower located at 1 NE First Street will soon make it one of the most vibrant jewelry districts in the country. The Time Century Jewelry Center will house over 300 jewelry stores and jewelry-related offices.
The district currently generates close to $1 billion in sales annually and is slated for dramatic growth. The Time Century Jewelry Center has easy access to Miami International Airport, Metro Rail People Mover, and the Brightline train, connecting Miami to Fort Lauderdale and West Palm Beach. They are minutes away from the Port of Miami, known worldwide as the "Cruise Capital of the World." Millions of tourists visit Downtown Miami each year. Many more are expected to arrive as soon as the Brightline commuter train opens a station in Orlando, connecting Miami tourists to Orlando's theme parks. All of this will service and entertain the dramatic increase in residential living areas now being developed surrounding the Time Century Jewelry Center.
The City of Miami has been ranked as the fourth "Most Walkable City" in the U.S. because of its Downtown historic buildings, restaurants, and now a modern secure exclusive jewelry and gem tower through the vision of Yair Levy and Time Century Holdings.
For more information about Time Century Jewelry Center leasing options please call Isis Pellegrino + 786.534.8550 or visit our Website : www.TimeCenturyJewelryCenter.com
Contact Isis@TCJewelryCenter or call +786.486.2934
MEDIA CONTACT: DEBORAH J SCARPA MIAMI DJS3 LLC Ph : +305.586.4022 Email : deborah@djs3llc.com
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Visiting customers will also benefit from Time Century's very own valet parking service or select from several newly-built public parking garages steps away from the building. Downtown Miami is slated to be one of the fastest-growing downtown areas in the nation. Re-vitalizing this anchor tower located at 1 NE First Street will soon make it one of the most vibrant jewelry districts in the country. The Time Century Jewelry Center will house over 300 jewelry stores and jewelry-related offices.
The district currently generates close to $1 billion in sales annually and is slated for dramatic growth. The Time Century Jewelry Center has easy access to Miami International Airport, Metro Rail People Mover, and the Brightline train, connecting Miami to Fort Lauderdale and West Palm Beach. They are minutes away from the Port of Miami, known worldwide as the "Cruise Capital of the World." Millions of tourists visit Downtown Miami each year. Many more are expected to arrive as soon as the Brightline commuter train opens a station in Orlando, connecting Miami tourists to Orlando's theme parks. All of this will service and entertain the dramatic increase in residential living areas now being developed surrounding the Time Century Jewelry Center.
The City of Miami has been ranked as the fourth "Most Walkable City" in the U.S. because of its Downtown historic buildings, restaurants, and now a modern secure exclusive jewelry and gem tower through the vision of Yair Levy and Time Century Holdings.
For more information about Time Century Jewelry Center leasing options please call Isis Pellegrino + 786.534.8550 or visit our Website : www.TimeCenturyJewelryCenter.com
Contact Isis@TCJewelryCenter or call +786.486.2934
MEDIA CONTACT: DEBORAH J SCARPA MIAMI DJS3 LLC Ph : +305.586.4022 Email : deborah@djs3llc.com
BACK TO THE MAIN PAGE
© 2022 Time Century Holdings LLC. Renderings are artist's conception, approximate and subject to change without notice. Developer reserves the right to change floor plans, dimensions and specifications without notice or obligation in keeping with our policy of continual research and improvement and because alterations may become necessary due to code requirements.
