Published May 29, 2026
MMG Equity Partners Plans New Retail Center in West Kendall as Miami-Dade Growth Continues
MMG Equity Partners Plans New Retail Center in West Kendall as Miami-Dade Growth Continues
West Kendall continues to emerge as one of Miami-Dade County’s fastest-growing suburban markets, and another major retail project is now in the pipeline to support the area’s rapid expansion. MMG Equity Partners recently announced plans for a new retail development called The Shops at Kendall Town Center, a project that could further transform the West Kendall commercial corridor.
The proposed development will feature approximately 35,810 square feet of retail and restaurant space along with more than 4,300 square feet of outdoor terrace areas designed to create a more lifestyle-oriented shopping experience. The project is planned within Kendall Town Center, a larger 70-acre master-planned mixed-use community located near the intersection of SW 88th Street and SW 158th Avenue.
According to reports, MMG Equity Partners is currently under contract to acquire the 5-acre development site and has already submitted plans to Miami-Dade County for approval. Construction is expected to begin in early 2027 if approvals move forward as anticipated.
One of the biggest takeaways from this announcement is the continued evolution of West Kendall from a primarily residential suburban area into a more balanced live-work-play environment. Over the past decade, the area has experienced significant population growth driven by families and professionals seeking more space and affordability compared to Miami’s urban core. As residential density increases, developers and retailers are responding with more dining, shopping, and entertainment options designed to serve the growing local population.
The Shops at Kendall Town Center appears to be targeting a more modern retail experience rather than a traditional strip mall concept. Reports indicate that nearly half of the project’s space is expected to be dedicated to restaurants, reflecting the increasing demand for experiential retail and food-driven destinations throughout South Florida.
Leasing for the project is already underway, with asking rents reportedly ranging between $65 and $70 per square foot — a sign of strong confidence in the area’s retail demand and long-term growth potential.
MMG Equity Partners has been an active player in South Florida retail real estate over the last several years, acquiring and repositioning shopping centers throughout Miami-Dade County. The company has continued betting heavily on neighborhood retail centers located in high-growth suburban communities where population increases continue fueling consumer demand.
The project also reflects broader retail trends happening across Miami-Dade County. While some markets nationally continue struggling with retail vacancies, South Florida remains one of the strongest retail environments in the country due to population growth, tourism, migration from other states, and limited available land for new development.
As West Kendall continues expanding, projects like The Shops at Kendall Town Center could play a major role in shaping the next phase of the community’s growth by bringing new restaurants, services, and gathering spaces closer to residents who increasingly want convenience and walkability within their neighborhoods.
