South Beach is about to get a major addition to its grocery and retail landscape with the opening of Whole Foods Miami Beach, which could become a focal point for advertisement opportunities in the area. A brand-new, larger Whole Foods Market is gearing up to begin construction at a prominent corner on Alton Road, promising to produce a mix of grocery, banking, and parking solutions for the neighborhood.
According to a recent report from the South Florida Business Journal (SFBJ), Ocean Bank has officially committed to providing $54 million in construction financing for the project. This substantial loan signals that development is moving forward and that the vision for this new mixed-use building is fully funded and ready to take shape.
City records show that construction permitting for the site began earlier this year, marking the first official steps toward transforming the property.
The new development will rise at 1901 Alton Road, a site currently home to a Wells Fargo Bank branch. The existing Wells Fargo building will be replaced, but the bank isn’t going anywhere—plans call for a new Wells Fargo branch to be included in the new building, ensuring continued service for local customers.
This location sits at a busy intersection, just a few blocks from Lincoln Road and within easy reach for both South Beach residents and natural visitors.
Here’s a breakdown of what the new four-story building will include:
This project is just the latest in a growing list of major developments transforming the Alton Road corridor and South Beach overall. With increased demand for modern retail spaces, better parking, and larger grocery options, this new Whole Foods Market is positioned to meet the evolving needs of the community.
For residents, this means more grocery options, better parking availability, and a modernized banking facility—all within walking or short driving distance.
While a specific groundbreaking date hasn’t been officially announced, the securing of financing and the progress on permitting suggest that construction could begin soon—likely within the next few months.
As with any major development in Miami Beach, the project will go through all the necessary city approvals and inspections along the way, but the financial green light is a major milestone.
South Beach locals can look forward to a brand-new Whole Foods Miami Beach shopping experience that will feature a variety of fresh produce, enhanced banking services, and much-needed parking relief once this project is complete. As more details become available—like design renderings, construction timelines, and opening dates—we’ll be sure to keep you updated.
Stay tuned for more updates as this exciting project moves forward!