Gadinksy Real Estate and Echion USA announce the completion of
two new Walgreens stores in two Historic Miami Beach neighborhoods.

Third Miami Beach Walgreens to Break Ground Soon

MIAMI BEACH, FL (April, 2012) – Seth Gadinsky of Gadinsky Real Estate and Daniel Hotte of Echion USA announced today the completion of two Walgreens pharmacies, and the commencement of a third, in the City of Miami Beach. Gadinsky Real Estate and Echion USA are the developers and leasing agents for all three stores, which together total 33,000 square feet in retail space.

The completed Walgreens stores, located in the areas of Normandy Isle (2000 Normandy Drive) and South Beach (1011 Alton Road), each reflect a modern twist on the historic architectural style of the neighborhood and the period in which it was developed. 

The architect team for the projects, Frank Demandt of Demandt Architecture, P.A., and Robert Brown, recognized that the neighborhoods in which the Walgreens stores were being planned were developed in different decades, each with distinctive architectural traits.  It was their decision to develop a “Progressive Moderne” design for each store that would compliment the existing structures and buildings of the individual neighborhoods.

The Normandy Isle Walgreens store, the first of the stores to open in December 2011, is located on the west tip of Normandy Isle in a neighborhood that was largely defined in the 1950s and 1960s when the MiMo architectural style was predominant throughout the area.  This 12,990-square foot Walgreens showcases a refreshing interpretation of many classic MiMo features.  The rooftop parking appears to be a floating superstructure above the ribbon windows of the store. Cutout and marine imagery abound throughout the structure with famous cheese hole patterns and eyebrow canopies also making an appearance in the design.  Even the Walgreens sign and logo derive from the Mimo-like lettering of the fifties.    

Like the neighborhood in which is sits, the design style for the 10th and Alton Walgreens defies categorization. The 10,000 square foot building is located on the west side of the Flamingo Park Historic District and across from the Miami Ad School, formerly known as the Hibiscus Masonic Lodge, a significant Postwar Modern landmark designed by Norman Giller in 1950.  This Walgreens store possesses unique texture details and a few minor flourishes including abstractly designed storefronts that offer a kaleidoscope effect, and signature fishnet windows. The building replaced Gilbert Fein’s single story Dorick Apartments.  

“We are thrilled to bring these two newly completed Walgreens stores to the City of Miami Beach,” says Keith Miller, senior real estate manager of Walgreens. “In additional to providing the area with much needed pharmacy services, each store will offer the same cost-effective consumer and health products for which our brand has become known."

“On behalf of the exceptional team that worked on this project, I am proud to hand the keys to these new stores over to Walgreens,” says Seth Gadinsky, owner of Gadinsky Real Estate. “It is our hope that these structures will be enjoyed by the visitors and residents of Miami Beach for many decades to come.” 

In addition to these recently completed stores, a third Miami Beach Walgreens will be breaking ground before July on the corner of 14th Street and Collins Ave.  

Having completed numerous Walgreens stores over the past 15 years, including a recently opened store in Marathon, FL, Gadinsky Real Estate and Echion USA are long time-preferred vendors of the pharmacy store brand.  

For more information on these stores, including hours of operation and specific services, visit www.walgreens.com.

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ABOUT GADINSKY REAL ESTATE, LLC

Gadinsky Real Estate, LLC, the first name in retail real estate, specializes in retail development, tenant representation, urban renewal, project leasing, and consulting. Founded in 1999, Gadinsky Real Estate has worked extensively with retail clients, lenders, investors, and property owners to create many high quality and innovative retail projects.  Some of Gadinsky Real Estate’s current and recent projects include The Shoppes @ 420 Lincoln Road, Publix Supermarket at Market Square, and Lakepoint, a 1,200-acre amateur sporting and entertainment community. For more information about Gadinsky Real Estate, visit www.gadinskyrealestate.com. 
 

ABOUT ECHION USA

Echion USA Inc., is a member of the Canadian-based Hotte family which has been actively involved in commercial real estate development for over 45 years in Canada and Florida. Founded in 1978, Echion is the family’s development arm in Florida. Since its inception, Echion USA, Inc. and Ettoh Ltd (as Limited Partner) have completed over 1 million sq. ft. of retail/office Florida projects. Some of the current and recent projects include the Cypress Courtyard Plaza in Poinciana, Florida; a 98,000 sq. ft. shadow Wal-Mart retail /medical project; and 1,200-acre amateur tournament sporting , entertainment and hospitality village in Atlanta Georgia (www.lakepointsports.com).
 

ABOUT WALGREENS

Walgreens (www.walgreens.com) is the nation's largest drugstore chain with fiscal 2011 sales of $72 billion. The company operates 7,840 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice in communities across America. Walgreens scope of pharmacy service includes retail, specialty, infusion, medical facility andmail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.