A $77.4 million funding package for a major James Corner Field Operations-designed revamp of Miami Beach’s Lincoln Road has been approved by Miami Beach city commissioners. The funding will come from city taxpayers in addition to a $16 million Special Assessment charged to property owners in the immediate Lincoln Road district. The city has also updated zoning to allow some Lincoln Road property owners to build hotels. Construction in the renovation is expected to commence in spring 2020 and will include an enhanced pedestrian promenade, a new outdoor dining layout, updated lighting and signage, a new performance area, updated landscaping and renovations to many of the roads historic structures designed by Morris Lapidus.
The Real Estate Mogul's Guide to South Florida
