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 MoreMiami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort to redevelop the oceanfront site. The approvals came at the end of a five-hour special meeting held on Friday to address the Deauville project in North Beach, and developer Michael Stern’s proposed project in South Beach. Both were approved. The Meruelos and developer Martin, CEO of Terra, plan two luxury condo buildings and a boutique[...]
Read MoreAs commuters unload from carpools passing through the parking lot of a Tri-Rail station on a recent weekday morning, they’re greeted by a symphony of construction while waiting for their trains. Buzz saws and percussion drills crank up just 10 feet from the train platform, where workers in green vests and yellow safety helmets are building a new housing development. The eight-story residential building, named Metro Station 1, broke ground in May with a target completion by January 2026. The[...]
Read MoreA 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 third tower at the Aria Reserve condo complex, a pair of apartment buildings near Margaret Pace Park, and a Live Local Act project could be the latest projects to rise in Miami. The city’s Urban Development Review Committee will review the three proposals at its meeting on Wednesday. Miami-based Melo Group proposes a 50-story, 430-unit condo tower on a 1.4-acre development site at 500 Northeast 24th Street in Miami, according to city records. It would mark the third tower[...]
Read MoreThe newest addition to one of the country’s fastest-growing automotive groups has officially opened its doors in Little Havana. Murgado Automotive Group, led by President and CEO Mario Murgado, recently unveiled a state-of-the-art Chrysler Dodge Jeep Ram dealership at 701 SW 8th Street, just west of downtown Miami on historic Calle Ocho. More than seven years in the making, the towering eight-story facility is unlike any other in the region. Designed in collaboration with architect Miguel Yelos San Martin of[...]
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