SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
The New York-based luxury developer filed plans to redevelop the iconic Lincoln Road clocktower building, as well as to build a new boutique office building on the 12,000-square-foot lot located at 1665 and 1667 Washington Ave.
As Miami Beach continues to experience business migration and the return of international visitors, the Lincoln Road District reports drawing over 7.8 million visits over the past year, demonstrating a strong post-pandemic recovery in foot traffic.
The transaction was brokered by Jordan Gimelstein and David Spitz of Koniver Stern Group.
The parcels were purchased for $200,000 in 1995. CLICK ON THE HEADLINE FOR MORE
CIASF will be presenting a project overview, followed by a discussion from the players who will transform downtown in office, retail and residential sectors. CLICK ON THE HEADLINE FOR DETAILS
The Italian-style grill, scheduled to open next fall, has taken 8,405 square feet of space. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The 10,000 square-foot space, accessible from southwest 12th street, is the largest contiguous block of restaurant product now available in the Brickell Financial District. CLICK ON THE HEADLINE FOR MORE ON THIS STORY