French bistro Le Piment opening in Miami Beach’s South-of-Fifth

The restaurant signed a lease for a 1,250 sf cottage at 864 Commerce Street

TRD MIAMI /
Jun.June 06, 2017 04:45 PM

UPDATED June 6, 11:30 p.m.: Le Piment, a French bistro with two locations in St. Barts, is opening an eatery in Miami Beach’s South-of-Fifth neighborhood, The Real Deal has learned.

The restaurant has signed a lease for 864 Commerce Street, broker Noah Fox of Koniver Stern Group told TRD. Fox represented the landlord, Commerce Street Offices LLC, which is led by his father Nelson Fox, as registered agent, and partners Fox Irrevocable Trust, Koniver Stern 401K and RonRuss Partners, which is linked to Russell Galbut’s Crescent Heights, records show.

Alex Noyer of Coldwell Banker represented the tenant. He said his clients had been looking for a site for four months, first in Sunset Harbour, before he introduced them to South-of-Fifth.

The 1,250-square-foot property is a small, standalone cottage that was formerly used as an office building, Fox said. The restaurant is now building out the space with plans to open in time for Art Basel Miami Beach. Both Fox and Noyer declined to disclose lease terms.

The bistro will be the restaurant’s first in the United States, said Fox, who visited Le Piment in St. Barts. A representative from the ownership group did not immediately respond to a request for comment.

“It’s a friendly neighborhood bistro,” Fox said. “It will be a nice addition to the neighborhood.”

The restaurant will serve breakfast through dinner, with moderate prices, Noyer said.

“It will be a  French gastropub with modern, Euro-friendly design, something very relaxed, not fancy, he said.

The South-of-Fifth neighborhood is being transformed with new boutique condo projects, including Mast Capital’s Louver House, JMH Development’s Three Hundred Collins and Terra Group’s Glass.

Other new restaurants in the South-of-Fifth neighborhood include Forte Dei Marmi at 150 Ocean Drive, and Bakehouse Brasserie at 808 First Street.


Related Articles

arrow_forward_ios
Mirce Curkoski, Julian Johnston, and Olesia Aliseenko, with the home (Credit: Mark Sagliocco/Getty Images, and Google Maps)

Former Miss Ukraine pays $20M for waterfront Palm Island mansion

Former Miss Ukraine pays $20M for waterfront Palm Island mansion
Rendering of the project and Rishi Kapoor

Developer Rishi Kapoor lands approval for mixed-use co-living project in South Beach

Developer Rishi Kapoor lands approval for mixed-use co-living project in South Beach
Michael Shvo and a rendering of the tower (City of Miami)

Miami Beach board again delays vote on Michael Shvo’s proposed tower near Raleigh Hotel

Miami Beach board again delays vote on Michael Shvo’s proposed tower near Raleigh Hotel
Jill Hertzberg, Dora Puig, Oren Alexander with Star Island properties

Miami Beach’s Star Island regains its luster

Miami Beach’s Star Island regains its luster
5212 North Bay Road in Miami Beach and Marcelo Claure (Getty)

SoftBank’s Marcelo Claure pays $11M for North Bay Road teardown

SoftBank’s Marcelo Claure pays $11M for North Bay Road teardown
34 Star Island Drive with Albert Justo, Stacy Robins and Mirce Curkoski (Redfin)

Former Star Island residents return, buy $12M waterfront home

Former Star Island residents return, buy $12M waterfront home
Antonio Sersale and Nadim Ashi, with Le Sirenuse at the Surf Club (Credit: Google Maps and Jacopo Raule/Getty Images)

Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus

Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus
1510 West 25th Street, Valerio Morabito (inset) and Gianluca Vacchi (Getty, Douglas Elliman)

Italian entrepreneur and DJ pays $25M for Sunset Islands mansion

Italian entrepreneur and DJ pays $25M for Sunset Islands mansion
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...