A 10 story mixed-use project designed by Stantec has been proposed at 1600 Washington Ave. The project is located 1 block away from Lincoln Road and would feature 134 residential units along with 12,863 SF of ground floor retail. Units would range from 1 to 2 bedrooms and be an average of 1,110 SF. The proposal was scheduled for review by the Planning Board on September 26, but will most likely be deferred.
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1111 Lincoln Residences from Robert Wennett, Designed by Herzog & de Mueron, Launches Sales
1111 Lincoln Residences, a mixed-use development just off of Lincoln Road by developer Robert Wennett, has launched sales for their two rooftop residences. The units are 3 bedroom smart homes over 2,155 SF with an additional 1,550 SF of outdoor space in the form of a private, Raymond Jungles landscaped and designed courtyard. Each is listed at $3.8 million and feature the finest interior stone interior finishes, as well as luxurious coutyards with stone flooring, pergolas, trees and foliage. 1111 Lincoln Residences was designed by Herzog & de Meuron, who have previously designed Wennett's iconic 1111 Lincoln Road parking garage, with a focus on designing from within the unit's own walls.
Macy's Shopping Around Remainder of Lincoln Road Leasehold
It's no secret that the major department stores are in for a major shake-up. The Real Deal is reporting that Macy's is quietly marketing the remainder of leasehold for their Lincoln Road location. The 98,610 SF at 1675 Meridian Avenue has 34 years left on the lease and could go for about $80 million. It is one of the largest retail spaces available in the area and it is reported that both Nordstrom Rack, HomeGoods, Saks Fifth Avenue OFF 5th and Old Navy have inquired about the space. HFF has the listing on the space. Macy's had reported earlier this year that they would be closing 100 stores, but would not comment on what would happen to the Miami locations.
1212 Lincoln Road
A new mixed-use development is heading to Miami Beach's Lincoln Road, with an expected completion of 2017. The Miami Beach Design Review Board approved the long awaited plans after a 1 year extension as tenants relocated. The newly approved development will be a five-story building filled with a mix of a hotel, luxury retail and dining. The hotel will include 100 boutique hotel units across 45,000 SF with a European-style market in the 93,000 SF of retail space. The building will be designed by Perkins + Will and will help upgrade the existing aging infrastructure that currently makes up Lincoln Road. The project will help expand Lincoln Road across the street at 16th and Alton. Developer Crescent Heights has plans to build 2 more developments on Lincoln Road as this neighborhood gets an exciting shake-up.