On this episode of Thea’s Neighborhood Magic, Thea sits down with Avra Jain, co-founder of The Vagabond Group—known for turning forgotten Miami landmarks into vibrant destinations. From reviving the iconic Vagabond Motel on Biscayne Boulevard to transforming a six-acre mattress factory in Hialeah into Factory Town, Avra’s projects define Miami’s new wave of adaptive re-use and historic preservation.

Avra shares her philosophy that “space matters” and that she only develops places with stories to tell. “Do I find space, or does space find me?” she asks. Together, Thea and Avra unpack the “Vagabond Effect”—how thoughtful, risk-taking development can catalyze neighborhood revival, raise tax bases, and create places people love.

They dig into the delicate balance between preserving history and building affordable housing, a challenge Avra says is “too expensive not to solve.” A former Wall Street trader, she approaches risk differently, blending business insight with a sense of social responsibility.

The conversation ranges from the rebirth of the Miami River Inn to projects in Overtown and Little Haiti, exploring how development done right connects communities and honors their past. “In the end,” Avra says, “it’s not just vision—it’s courage.”

Thea and Avra close by reflecting on what sparks true “neighborhood magic:” collaboration, creative risk, and a shared commitment to building not just what’s profitable—but what’s meaningful.