Destin Commons
Destin Commons is a 56-acre open-air lifestyle shopping center in Destin, Florida, owned by Turnberry, offering 80+ stores, restaurants, and entertainment venues across 650,000+ sq ft of retail and 160,000 sq ft of Class-A office space, serving 6+ million annual tourists and local residents.
- Company typePrivate
- Founded2004
- HeadquartersDestin, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Destin Commons does
Destin Commons is a privately-held open-air lifestyle shopping center located in Destin, Florida, owned and operated by Turnberry through Destin Commons Ltd. and Destin Commons Phase III, Ltd. It spans 56 acres and comprises over 650,000 square feet of retail and dining space plus 160,000 square feet of Class-A customizable office space, with 80+ stores and restaurants. The property is anchored by Bass Pro Shops, Whole Foods Market, AMC Theatres (14 screens with IMAX), and Uncle Buck's Fishbowl & Grill, alongside national retailers such as Sephora, Lululemon, Victoria's Secret, H&M, American Eagle Outfitters, Lush, Bath & Body Works, JD Sports, and Build-A-Bear Workshop. Additional amenities include The Lawn outdoor gathering space (debuted Fall 2023), a splash pad, the area's only Luckey Climber, nine curated murals, a self-guided Art Walk audio tour, a weekly farmers market, and dog-friendly amenities including hydration stations. The property reports 6+ million annual visitors and ranks as a top destination in multiple best-beaches lists by Tripsavvy, Southern Living, U.S. News & World Report, and Nashville Parent.
The business model is a classic commercial real estate leasing operation. Primary revenue is generated through rental agreements with retail and dining tenants, supplemented by office leasing (marketed through CBRE as exclusive office broker), and ancillary income from event sponsorships, vendor markets, and metered parking through the Coins for a Cause program. The go-to-market motion is direct-to-consumer: the property attracts visitors through location-based marketing, seasonal events, signature annual programming (Star-Spangled Food Truck Festival, Halloween Haunt, Santa's Arrival), and an active social media presence on TikTok, Pinterest, Instagram, X, and Facebook. Customer segments are split between tourists and vacationers visiting the Emerald Coast (Okaloosa County, with 7.8 million annual visitors) and local residents seeking shopping, dining, family entertainment, and community programming. The Coins for a Cause charitable program has donated over $1.7 million to local nonprofits since 2003, serving as both a community engagement mechanism and a brand differentiator.
Destin Commons firmographics
Firmographics- Name
- Destin Commons
- Legal name
- Destin Commons Ltd.
- Website
- https://destincommons.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Destin Commons is a 56-acre open-air lifestyle shopping center in Destin, Florida, owned by Turnberry, offering 80+ stores, restaurants, and entertainment venues across 650,000+ sq ft of retail and 160,000 sq ft of Class-A office space, serving 6+ million annual tourists and local residents.
- Ownership category
- akta.pro rank
Destin Commons industry classification
Industry- Product category
- Shopping Center Operations and Commercial Real Estate Leasing
- NAICS
- Amusement Parks and Arcades (7131), Bowling Centers (71395)
- SIC
- Retail-Variety Stores (5331), Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- Specialty Space Organization (Laundry Room, Mudroom, Entryway) (HSAFAAAJ)
Keywords
Where Destin Commons is headquartered
LocationHeadquarters
- HQ city
- Destin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Destin Commons business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Retail Space Leasing: Destin Commons generates primary revenue through leasing retail and restaurant space to national brands and local merchants. The property offers over 650,000 square feet of retail and dining space across 80+ stores and restaurants.
- Office Space Leasing: The property includes 160,000 square feet of Class-A customizable office space, generating additional leasing revenue from businesses seeking prestigious addresses within the center.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Destin Commons product offering
Product offeringCore offering
Destin Commons is a 56-acre open-air lifestyle shopping center in Destin, Florida, offering over 650,000 square feet of retail and dining space plus 160,000 square feet of Class-A office space. It operates 80+ stores and restaurants alongside entertainment venues (AMC Theatre, Uncle Buck's Fishbowl), family amenities (The Lawn, splash pad, murals), and curated community events, generating revenue primarily through leasing arrangements with national brands and local merchants.
Product overview
Destin Commons is a 56-acre open-air lifestyle center in Destin, Florida, featuring over 80 shops and restaurants spanning fashion, health/beauty, electronics, and dining. The property operates as a unified destination combining retail shopping (anchored by Bass Pro Shops and Whole Foods Market, with stores like Sephora, lululemon, Victoria's Secret, H&M, and Belk), dining experiences (ranging from quick-service Chipotle and Starbucks to full-service Another Broken Egg Cafe and El Jalisco), entertainment (AMC Theatres with 14 screens including IMAX, Uncle Buck's Fishbowl & Grill underwater bowling), and family amenities (The Lawn outdoor space, Splash Pad, Luckey Climber, and nine interactive murals). Additional offerings include the Coins for a Cause community give-back program, Destin Commons Market artisan vendor market, and self-guided Art Walk audio tours. The property also offers Class-A office leasing and is adjacent to Hyatt House Destin hotel. With over 6 million annual visitors, it serves as the Emerald Coast's premier lifestyle destination.
Differentiator
Problem solved
Functional benefit
Products and services
- Retail Shopping Over 80 national and regional retail stores offering fashion, health and beauty, electronics, footwear, home goods, and specialty items anchored by Bass Pro Shops, Whole Foods Market, Sephora, lululemon, Victoria's Secret, and H&M.
- Dining Collection of restaurants, cafes, sweet treats, and specialty foods including El Jalisco, Gulf Coast Burgers Co, Smashburger, Graffiti Pizza, Red Brick Pizza, Kilwins, Riviera Creamery, Starbucks, and Another Broken Egg Cafe.
- AMC Theatres Destin Commons 14 Area's only digital theater offering REAL D Premier Digital 3D Experience, true stadium seating in all 14 auditoriums, IMAX, innovative digital sound systems, reserved seating, and MacGuffins Bar.
Companies that use Destin Commons
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles4 records
Destin Commons technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Destin Commons partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- CBREcoreCBRE serves as the exclusive commercial real estate partner for office leasing at Destin Commons. Tom Watson (Senior Vice President), Elizabeth Forsythe (Vice President), and their team provide expert guidance to businesses seeking Class-A office space within the property.
- TurnberrycoreTurnberry is the parent company and developer of Destin Commons. The company manages the property and has created the INFINITE-T community support platform focused on generational sustainability and giving back to local communities through initiatives like Coins for a Cause.
- Hyatt House DestinminorHyatt House Destin is a modern, pet-friendly hotel located within walking distance of Destin Commons, offering extended-stay accommodations with resort-style pool and complimentary breakfast.
- Local Nonprofits (Coins for a Cause)coreDestin Commons partners with local nonprofit organizations through its Coins for a Cause initiative, which has donated over $1.7 million since 2003 to organizations focused on at-risk youth, animal welfare, health promotion, environmental relief, arts education, and food/clothing assistance.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Destin Commons competitors and assessment
Company assessmentDirect peers
- Brixmor Property Group: Open-air shopping center REIT with a portfolio emphasizing convenience and community centers. Operates a similar leased-shopping-center model and is a direct peer in the open-air retail real estate category.
- Federal Realty Investment Trust: High-quality mixed-use open-air retail REIT known for premium coastal and affluent-market centers. Comparable business model to Destin Commons' mix of retail, dining, and entertainment within an experience-driven property.
- Kimco Realty: Open-air shopping center REIT with a national portfolio anchored by grocery and Necessity-based retailers. Most directly comparable business model to Destin Commons given the shared open-air, multi-tenant lifestyle-center format and leasing-driven revenue.
- Regency Centers Corporation: Public REIT specializing in premium open-air grocery-anchored shopping centers in affluent, high-traffic U.S. trade areas. Closely comparable to Destin Commons' open-air lifestyle-center strategy and tenant mix (Whole Foods as anchor).
Broad incumbents
- Brookfield Properties Retail: Operates a portfolio of high-quality retail destinations in major U.S. markets. Comparable diversified retail-real-estate operator at larger scale, with overlapping experience-driven positioning.
- Taubman Centers: Premium shopping center operator (now under Simon Property Group) focused on high-end retail destinations. Comparable premium-tenant orientation and open-air mixed-use product type historically.
- Macerich: Public REIT operating regional malls and lifestyle centers across the U.S. Operates in the same leased-shopping-center category as Destin Commons but with broader regional-mall portfolio and different geographic mix.
- Simon Property Group: Largest publicly traded U.S. retail real estate REIT operating enclosed malls, premium outlets, and lifestyle centers. Includes nearby competitor Silver Sands Premium Outlets in Destin, making it an overlapping-market incumbent with much broader portfolio scope.
Regional players
- Tanger Inc. REIT focused on outlet and open-air shopping centers, primarily in U.S. tourist and resort destinations. Strongly comparable tourism-anchored use case and tenant mix to Destin Commons, including coastal/tourist markets.
Others
- Turnberry (parent company / developer): Diversified real estate development and management group operating retail, hospitality, and lifestyle properties including Destin Commons itself. Included as an ecosystem/parent relationship rather than a direct competitor; useful for understanding the broader operating platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Destin Commons social profiles
Digital presenceDestin Commons financial estimates
Financial estimateRevenue estimate
Valuation estimate
Destin Commons leadership team
Management profileNumber of profiles
Profiles1 record
Destin Commons funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Destin Commons M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Destin Commons
What does Destin Commons do?
Destin Commons is a 56-acre open-air lifestyle shopping center in Destin, Florida, offering over 650,000 square feet of retail and dining space plus 160,000 square feet of Class-A office space. It operates 80+ stores and restaurants alongside entertainment venues (AMC Theatre, Uncle Buck's Fishbowl), family amenities (The Lawn, splash pad, murals), and curated community events, generating revenue primarily through leasing arrangements with national brands and local merchants.
Is Destin Commons a public or private company?
Destin Commons is a private company. It is classified as corporate owned and is currently operating.
When was Destin Commons founded?
Destin Commons was founded in 2004. It employs 1 to 10 people.
Where is Destin Commons based?
Destin Commons is headquartered in Destin, United States, in the North America region.
How does Destin Commons make money?
Two revenue lines are on record. Retail Space Leasing is the primary driver. The others are office Space Leasing.
Who are Destin Commons's main competitors?
Direct peers on record are Brixmor Property Group, Federal Realty Investment Trust, Kimco Realty and Regency Centers Corporation. Broad incumbents are Brookfield Properties Retail, Taubman Centers, Macerich and Simon Property Group. Tanger Inc. is listed as a regional player. Turnberry (parent company / developer) is listed as an others.
Does Destin Commons have an API?
No public API is recorded for Destin Commons.
What industry is Destin Commons in?
Destin Commons's product category is Shopping Center Operations and Commercial Real Estate Leasing. Its primary akta.pro industry code is HSAFAAAJ, Specialty Space Organization (Laundry Room, Mudroom, Entryway). Its NAICS code is 7131 and its SIC code is 5331.