5 Must-Know Updates On CityPlace Doral: The $87.5 Million Acquisition That Changed Everything

CityPlace Doral remains one of Miami-Dade County's premier destinations, but the landscape of this vibrant lifestyle center has fundamentally shifted with a massive ownership change in mid-2025. As of today, December 15, 2025, the focus is on the new stewardship and the continued evolution of its celebrated live-work-play environment, which anchors the dynamic City of Doral. This $87.5 million transaction signals renewed investment and a fresh perspective for the 235,000-square-foot retail and entertainment hub.

The recent acquisition by Continental Realty Corporation (CRC) has put CityPlace Doral back in the spotlight, securing its status as a critical grocery-anchored, mixed-use community in South Florida. From its upscale dining and unique entertainment venues to its residential components, this destination is a crucial economic and social engine for the area, continually attracting both local residents and visitors looking for a high-end, all-in-one experience.

The New Era of CityPlace Doral: A Major Acquisition in 2025

The most significant and current news surrounding the property is the high-profile sale of its retail and lifestyle component. In June 2025, Continental Realty Corporation (CRC), a prominent real estate investment firm based in Baltimore, officially acquired CityPlace Doral for a reported $87.5 million.

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This major transaction marks CRC's official entry into the Miami-Dade retail market and underscores the immense value and stability of the Doral location. The sale, which was completed by JLL Capital Markets, involved the 235,096-square-foot grocery-anchored lifestyle and entertainment center.

Continental Realty Corporation’s Vision for the Lifestyle Center

CRC’s purchase indicates a strong belief in the long-term viability of the mixed-use, open-air concept. The property is considered a "trophy asset" due to its high occupancy, strong tenant mix, and its strategic location within one of South Florida’s fastest-growing municipalities. The new ownership is expected to focus on maximizing the center's potential, ensuring it remains a dominant retail and entertainment hub in the region. The existing anchor tenants, which provide essential stability, were a key factor in the acquisition’s appeal.

The acquisition ensures that the center will continue to be a vibrant community asset, with a focus on maintaining a fresh and relevant mix of retail, dining, and entertainment options for the Doral community and beyond.

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Unpacking the Live-Work-Play Ecosystem

CityPlace Doral was originally conceived as a comprehensive "live-work-play" destination, a key trend in modern urban planning. This massive mixed-use development spans 48 acres and totals approximately 2.6 million square feet of space.

The original vision was brought to life by the Related Group and designed by the globally recognized architectural firm Arquitectonica. Their goal was to transform the once office-centric downtown Doral area into a true community hub.

Residential and Commercial Components

The development is not just a shopping center; it’s a complete community. The residential component, known as The Flats at CityPlace Doral, consists of 303 units housed in two eight-story towers situated directly above the first-level retail.

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This integration of high-density living with retail and entertainment is what defines the lifestyle center concept, creating a built-in customer base for the businesses and a convenient, amenity-rich environment for the residents. The total project value was estimated to be around $800 million, highlighting the scale of the original undertaking.

Top Dining, Entertainment, and Lifestyle Experiences

CityPlace Doral is renowned for its expansive collection of dining and entertainment options, making it a go-to spot for a night out, a casual lunch, or a weekend of family fun. The center successfully blends upscale restaurants with casual outdoor cafés and bistros.

Premier Entertainment and Dining Destinations

The entertainment options are anchored by several high-profile tenants that provide unique experiences:

• CMX CinéBistro Doral: A luxury movie-going experience where guests can enjoy dinner and drinks right from their reclining seats.
• Cooper's Hawk Winery & Restaurant: A popular destination that features a full-service restaurant, a tasting room, and a retail store offering their own proprietary wines.
• 4D Gelateria: Offering an authentic Italian dessert experience.
• BurgerFi and Carrot Express: Providing popular fast-casual and health-conscious dining alternatives.

In February 2025, the center announced the debut of three new retailers, further refreshing its tenant mix and ensuring a dynamic shopping environment. This constant influx of new businesses is key to maintaining the center’s appeal and topical authority within the highly competitive Miami-Dade retail market.

A Hub for Community and Culture

Beyond shopping and dining, CityPlace Doral is a cultural and community focal point, particularly through its continuous programming of free events and public art installations. The central Fountain Plaza is the heart of these activities.

• CityPlace Live!: This popular series returns every Saturday evening, featuring live music, dancing, and interactive entertainment that brings the community together.
• Seasonal Art Installations: The center is known for transforming its space with vibrant, large-scale art. For instance, a summer overhead art installation was unveiled in May 2025, creating an "Instagram-worthy paradise" for visitors.
• Holiday Markets and Events: Throughout the year, especially during the holiday season (like the Holiday Market running through December 2025), the center hosts various family-friendly events, toy drives, and carnivals.

The commitment to interactive and free community events, from bingo dance parties to Una Rumba Loca, solidifies CityPlace Doral's role as a true public gathering space, not just a commercial center.

The Future Outlook for Doral's Premier Destination

With the new ownership under Continental Realty Corporation, CityPlace Doral is poised for a continued trajectory of success. The investment of $87.5 million is a clear indicator of the property's strength and its central importance to the Doral area. The new management is expected to build upon the foundation laid by the Related Group and Arquitectonica, focusing on enhancing the tenant mix and continuing the tradition of high-quality community programming.

For residents of Doral, Miami, and surrounding areas, CityPlace Doral remains the essential destination for a comprehensive lifestyle experience. Whether you are looking for an upscale dinner, a luxury movie night, a new fitness class at studios like Anatomy or BÜNDA, or simply an enjoyable place to spend a Saturday evening with live music, this mixed-use center delivers. The recent updates confirm that CityPlace Doral is not just surviving but thriving, continually evolving to meet the demands of the modern South Florida consumer.