Black Lion has acquired an iconic restaurant space in Miami Beach’s South of Fifth neighborhood. The property is located at 200 South Pointe Drive, in front of the luxury Continuum Residences condo development. Black Lion is preparing to announce flagship restaurant concept which will be new to the Miami market. The property was formerly Cibo Wine Bar South Beach and is steps away from the beach and South Pointe Park. The 12,000-square-foot venue was purchased from Ian Bruce Eichner of The Continuum Company for $11.5 million, who developed the building, and brokered by Phil Gutman of PGutman, LLC and Pablo Camposano of Colliers International.

“We are excited to introduce something special to Miami Beach,” shares Robert Rivani, President of Black Lion. “Through relationships with high-caliber hospitality groups, we are able to create once in a lifetime opportunities that set the precedent for up and coming cities and curate unique lifestyle experiences at our properties. The soon-to-be-announced concept at 200 South Pointe Drive is no exception.”

The prime mixed-use retail/ restaurant space feature an open, multi-storied layout which allows for flexible design options and prominent branding opportunity with high visibility signage from two locations. Features include 19’ – 22’ ceilings, an outdoor courtyard and a rooftop lounge accessible by elevator.

This property is the latest addition to Black Lion’s growing South Florida portfolio of mixed-use, restaurant and hospitality commercial investments. Led b Robert Rivani, the company’s recently announced several Miami projects and acquisitions including Brickell Bay Boardwalk, Wynwood Jungle, Amara at Paraiso in Edgewater, new venues at Marea South Beach, and a yet-to-be-named restaurant concept on the ground level of the SLS LUX in Brickell.