A proposal to convert the Regal Cinemas on Lincoln Road into an immersive art museum is scheduled to go before the Miami Beach Planning Board on July 1. Superhuman Museum LLC, affiliated with North Miami Beach entrepreneur and media personality Steve Berke, has submitted an application to open the Superhuman Immersive Modern Art Museum at 1100 Lincoln Road. The plan calls for repurposing the 78,000-square-foot, three-story theater into an interactive venue featuring modern art exhibits, food and beverage counters, and[...]
Read MoreA proposal to develop a luxury condo building at the Sagamore and Ritz-Carlton in South Beach is moving forward. The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxury Group and the Ben-Josefs’ Ben-Josef Group plan the 30-unit, 15-story building behind the existing Sagamore Hotel South Beach and cantilevered over the existing Ritz-Carlton, South Beach cabana building, at 1617 Collins Avenue and 1 Lincoln Road, respectively. The Miami Beach Historic Preservation Board’s vote for a certificate of appropriateness on Tuesday, a continuation from a[...]
Read MoreMiami Beach’s iconic Lincoln Road outdoor mall finally should get much-needed renovations, although some area residents are unhappy they will come with a new nearby condo building. Designed by architect Morris Lapidus — the same visionary behind the Fontainebleau Miami Beach — Lincoln Road today looks nearly the same as it did since its last major makeover in 1960. The mall starts on Alton Road and runs for six blocks east before hitting the beachfront and the adjacent Ritz-Carlton South[...]
Read MoreA construction permit application was submitted this morning for a massive apartment tower at Miami Worldcenter. The new filing states that a 52-story tower is planned to be built, with the following specs: 893 multi-family (rental) units 17,188 square feet of retail Coastal Construction is listed as the contractor. WG 700 North Miami LLC, C/O The Witkoff Group, is listed as the contact. The specs are similar to a June UDRB filing for the first phase of a project at[...]
Read MoreMG Developer and Baron Property Group snagged an $18 million loan to acquire a block of Hialeah single-family houses to be redeveloped into a multifamily project. New York-based RMWC provided the financing for the planned bulk purchase, according to a press release. Ayush Kapahi with HKS, and Jeffery Donnelly and Dmitry Levkov with Colliers arranged the loan. Coral Gables-based MG and New York-based Baron plan to acquire about 20 homes on East 26th Street between East Ninth and 10th avenues in Hialeah,[...]
Read MoreNorth Bay Village has another luxury condo project in the works. The North Bay Village Planning & Zoning Board recently approved Miami-based Riviera Horizons’ proposal for a 26-story, 70-unit condo tower. The approval marks at least the seventh planned condominium underway for the long-overlooked island community. Riviera founder and CEO Mikael Hamaoui said all the new development will mark a change for North Bay Village, after many years as “a diamond in the rough.” Hamaoui declined to share pricing for units at the[...]
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