$200 Million Acquisition and Redevelopment of 1111 Lincoln Road in Miami Beach

MBeach1, LLP

Representation of MBeach1, LLLP in the $200 million acquisition and redevelopment of mixed-use property located at 1111 Lincoln Road on the main corner of the famous Lincoln Road District of Miami Beach. We obtained street closures, handled leasing, construction contracts, and redevelopment of the pedestrian mall in partnership with the City of Miami Beach. We also acquired zoning approval from the City of Miami Beach for a substantial height variance required to allow the new parking structure to connect to the existing office building. The structure was designed by world-renowned Swiss architects Herzog and de Meuron. The project included approximately 150,000 square feet of office, retail, and restaurant space with tenants such as MTV and Nickelodeon Latin America, Alchemist Boutique, Y-3, Mac Cosmetics, Taschen, Juvia and Rosa Mexicano.

RELATED PEOPLE
John C. Sumberg
Founder, Chairman
Adam D. Lustig
Practice Group Leader, Real Estate
MORE EXPERIENCE
Experience
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
Experience
Representation of Brightline, an affiliate of Florida East Coast Industries, Inc., in the procurement, land acquisition, and development of portions of the $2.4 billion high-speed passenger rail project connecting South and Central Florida. Passenger service will be created in central Florida and wi...
Experience
Successful representation of the City of Pompano Beach and Pompano Beach Community Redevelopment Agency in connection with the negotiation of project development agreements, including a master developmentagreement, purchase and sale agreement, ground leases, and build-to-suit subleases, for the publ...
VIEW MORE EXPERIENCE