Introducing Market Reports—search the largest database of commercial real estate market reports.

Alo Yoga Expands with Miami Beach Wellness Club and Store

Alo Yoga brings its luxury wellness club and retail store to Miami Beach with plans for a Lincoln Road renovation.
Alo Yoga brings its luxury wellness club and retail store to Miami Beach with plans for a Lincoln Road renovation.
  • Alo Yoga is seeking approval to renovate a long-vacant Walgreens site at 100 Lincoln Road into a retail store and private wellness club.
  • The 13,480 SF ground-floor space, part of the Decoplage condominium, sits within Miami Beach’s Art Deco Historic District and requires board approval for alterations.
  • This would be Alo Yoga’s third combined store and fitness facility in the US, following locations in Los Angeles and New York.
Key Takeaways

Stretching Into South Beach

Alo Yoga plans to transform a key Lincoln Road corner into its next flagship concept, reports The Real Deal. The brand is proposing a retail and wellness hybrid at the former Walgreens location on the ground floor of the Decoplage condo building.

Historic Oversight

Built in 1965, the Decoplage isn’t landmarked but sits within the Miami Beach Art Deco Historic District. As such, the proposed renovations by New York-based Lalire March Architects must be approved by the city’s Historic Preservation Board, which is set to review the plan this week.

The Vision

If approved, the site would become Alo Yoga’s third combined store and private club in the country. Alo Yoga’s LA and NYC locations offer cryotherapy, cold plunges, saunas, gyms, and cafés—a model likely coming to Miami.

The Backstory

Harris and DeGeorge, Alo Yoga’s co-founders, acquired four commercial units at the Decoplage for $17.3M in 2023, following a foreclosure involving the previous owner, an affiliate of New York’s Nightingale Group. The space has sat vacant for several years, most recently occupied by Walgreens.

Beyond Lincoln Road

The Alo Yoga founders also bought a single-story building in the Miami Design District for $22M in late 2023, further signaling their long-term retail ambitions in South Florida.

Why It Matters

Lincoln Road has seen increased investment interest as brands look to reenergize Miami Beach’s retail corridor. A new Alo Yoga store with exclusive wellness offerings could anchor the area with both local appeal and national recognition.

What’s Next

Pending city approval, the Lincoln Road project would mark another step in Alo Yoga’s evolution from fashion label to lifestyle and wellness brand.

RECENT NEWSLETTERS
View All
CRE Lending Surges in Q1 2025 Despite Market Uncertainty
May 13, 2025
READ MORE
Tariffs Cast Uncertainty Over Brokerages’ Strong Q1 Earnings
May 12, 2025
READ MORE
Multifamily Rent Growth Holds Steady as Economic Signals Shift
May 9, 2025
READ MORE
Brookfield Raises $16B for Distressed Real Estate Fund
May 8, 2025
READ MORE
CRE Daily - No Cap

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.