Robert Rivani is doubling down on Miami Beach’s Lincoln Road, acquiring a former theater now anchored by fashion retailer H&M for $37 million. An affiliate of Miami-based Rivani, formerly called Black Lion, bought Lincoln Theatre, a historic Art Deco building at 551 Lincoln Road, a press release states. JLL’s Danny Finkle and Evan Lahr brokered the deal. The seller, an affiliate of Miami Beach-based Savitar Realty Advisors, led by Clifford Stein, paid $21.5 million for the building in 2010, records[...]
Read MoreBercow Radell Fernandez & Larkin is pleased to announce that Michael Larkin has been elected to the Miami Beach Chamber of Commerce Board of Governors. The Miami Beach Chamber of Commerce was formed in 1921 to promote the economic well-being of Miami Beach's citizens, to improve the quality of life for the entire community, and to communicate the view of the business community on major issues of public policy. Larkin, who specializes in land use and zoning law, previously served[...]
Read MoreMore than four years after he began buying up property in downtown Miami, Moishe Mana’s Mana Group this week finally broke ground on its Mana Common project in downtown Miami’s Flagler District. “This is a crucial first step as we work to reinvigorate the historic downtown and transform it into an economically vibrant commercial neighborhood, blending the best in art, entertainment, fashion, technology and more,” said arts mogul and entrepreneur Moishe Mana in a release. Over the years, Mana has[...]
Read MoreThe shuttered McArthur Dairy plant near Opa-Locka could be redeveloped into a pair of warehouses. Miami-Dade County officials received pre-application on April 3 and a zoning application on April 5 for the 20.3-acre site at 3000 N.W. 123rd Street. Just north of the Gratigny Parkway, the property was developed as a dairy plant in 1993 but it’s been abandoned. The application calls for redeveloping it into 446,535 square feet of industrial surrounded by 449 car parking spaces and 136 truck[...]
Read MoreHundreds of affordable apartments are coming to Allapattah, all designed for elderly tenants. Allapattah Ventures LLC is proposing a 13-story structure at 1396 NW 36th St. to be called Mosaico, home to about 267 dwelling units, mostly in small floor plans. At a special meeting, the city’s Urban Development Review Board unanimously voted for a resolution recommending approval of the project, with a long list of conditions. There was some concern about the massing or scale of the project, which[...]
Read MoreDespite a 2015 public vote against increasing density in North Beach, Miami Beach will allow a luxury condo tower and refurbished hotels on North Beach's Ocean Terrace in exchange for a $15 million public park. Commissioners last week unanimously voted to change the future land-use designation and zoning regulations of a two-block stretch between 73rd and 75th Streets on Ocean Terrace. The move will allow Alex Blavatnik — brother of the energy billionaire Len Blavatnik — and megadeveloper Sandor Scher to[...]
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