Miami

Shiny New Towers, Empty Sidewalks in Downtown Hollywood

AI Assisted Icon
Published on July 14, 2026
Shiny New Towers, Empty Sidewalks in Downtown HollywoodSource: Google Street View

Downtown Hollywood has the shiny new skyline to prove it is on the rise, with fresh apartment towers and a buzzy food hall, but many local merchants say the boom stops at their front doors. Longtime small-business owners describe constant turnover, rent hikes and a drumbeat of closures even as construction cranes keep moving. The disconnect has some shopkeepers openly wondering whether all those new units will ever translate into reliable neighborhood customers.

Business owners told Axios that the new high-rises have not delivered the promised surge in foot traffic, and that permitting delays, parking headaches and rising rents are squeezing any fragile recovery. "I've been here since 2008, and the last couple of years have been the hardest," said Mark Rowe, owner of Mickey Byrne's and president of the downtown business association. Commissioner Peter Hernandez said the city is looking at closing roads on weekends and hosting farmers' markets, while some merchants, including Veronica Coleman, say they have already decamped to Dania Pointe after rent increases.

Numbers Tell A Mixed Story

The City of Hollywood's Downtown Market Vitality report shows ground-floor occupancy hovering around 70 percent and vacancy near 22.8 percent, and notes that much of that empty space reflects turnover and ongoing buildouts rather than a collapse in demand. The report also flags rising rents and points to strong event turnout for downtown festivals, while acknowledging that big festival crowds do not automatically convert into dependable weekday customers. The City of Hollywood market report lays out the data and trends.

Nearby Destinations Are Drawing Shoppers

Owners point to Dania Pointe, a 102-acre mixed-use complex with national retailers and new apartment phases, as a powerful magnet that offers easier parking and a predictable tenant lineup. The South Florida Business Journal has detailed new housing and retail plans at Dania Pointe, and merchants say those features resonate with everyday shoppers more than downtown Hollywood's charm and character.

What’s Opening And What’s Not

Block 40 Food Hall, the multi-vendor hub across from Young Circle, has become a go-to spot for big nights out and watch parties, but nearby shopkeepers say those spikes in activity have not stabilized the rest of the district. The food hall's events bring bursts of visitors, yet independent retailers still report thin weekday foot traffic and a steady churn of tenants. Block 40 Food Hall lists event space and regular programming that help drive those peak-night surges.

City Pushes Streetscape Work And Events

City and CRA leaders point to the Harrison Street streetscape project, municipal garage pricing tweaks, shuttle services and a growing calendar of weekend activations as their main playbook for turning festival crowds into routine customers. The Hollywood CRA promotes the Downtown ArtWalk and other regular events, while city notices outline targeted street closures and construction tied to pedestrian improvements. Hollywood Community Redevelopment Agency materials and city updates describe recent projects and activity.

Merchants say the next chapter needs to zoom in on the basics: faster permitting, practical parking fixes, facade or rent incentives and direct small-business assistance that keeps locally owned shops at street level. Without that kind of nuts-and-bolts support for day-to-day shopping needs, developers can keep building, but downtown's retail rebound may continue to trail its gleaming new skyline.

Miami-Real Estate & Development