Dateline: Miami, Florida, April 7th, 2022Read the article in a magazine www.jckonline.comIt seems that it was not only the jewelry that caused a commotion at this year's JIS Spring Jewelry Show but a new luxury building located in the heart of Downtown Miami,
The Time Century Jewelry Center. This new center will be the anchor location for the Time Century Jewelry District. All of Downtown Miami is undergoing a robust transformation due to interest by New York developers,
Yair Levy and other big names like Related and PMG. This interest in establishing a landmark jewelry center directly results from reported growth in jewelry sales and Miami's record real estate boom. In a roundup article in National Jeweler, they summarized the extraordinary growth of the JIS Show in Miami, stating "over the last year, JIS buyer registration has increased by an overall 16% domestically and internationally increased by 75%, despite the travel challenges surrounding the pandemic," said Jordan Tuchband, industry vice president of JIS Events. Most exhibitors reported substantial growth and sales during the show. He said that organizers are expecting continued growth in attendance, mainly from Latin America. This enthusiasm translated into many visitors to the new building location during the show. Miami is on fire, but so is the demand for luxury products and services.
To supply tourists and residents with a unique collection of the world's finest jewelry and watches, Time Century Jewelry Center will house close to 300 jewelers, designers, wholesalers, diamond dealers, and watch companies in over 225,000 square feet.
Yair Levy, Time Century Developer, saw this trend and decided to invest in the District and champion the revitalization of the entire industry in Downtown Miami. Many manufacturers visited from around the world. "I found Miami as an opportunity for our luxury Turkish jewelry makers. Many are interested in setting up an office in the Time Century Jewelry Center to distribute their products in Miami and the Caribbean," Says; Sirzat Akbulak, Director of the Turkish Jewelry Association. "This multicultural community is the best place to bring a focus on luxury jewelry and watches," says Levy. The growth will be exponential, with luxury condos and apartments being developed in close proximity. Levy predicts a robust flow of consumers to the building that will also house two upscale eateries. Along with the constant influx of tourists, Levy forecasts it could make his Time Century Jewelry Center a jewelry mecca and a landmark must-see for all visitors and residents alike.
About Time Century Holdings LLCTime 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.