Stunning Building at 1212 Lincoln Road by Crescent Heights
1212 Lincoln Road Before
1212 Lincoln Road After
1212 Lincoln Road Before
1212 Lincoln Road After
There has been a lot of commercial redevelopment lately in the Lincoln Road area of Miami Beach where I live, from the iconic 1111 Lincoln Road to the new Gap store, H&M store, and the entire replacement of Alton road. The newest addition to my neighborhood is replacing one of the most run-down and poorly maintained blocks on Alton Road, and the plans are stunning.
Crescent Heights, one of my favorite developers, has approval to demolish most of the block on the corner of Alton Road and Lincoln Road (pictured above), and replace it with a beautiful five-story retail and parking building called 1212 Lincoln. 1212 Lincoln will feature 3 stories (297 parking spaces) of incredibly important parking, and two levels of retail. Crescent Heights purchased most of the properties between 16th Street & Lincoln Road throughout 2013 and 2014 in order to facilitate this plan. The Miami Beach Design Review and Planning Boards have fully approved the 1212 Lincoln Road by Crescent Heights project, which is scheduled to begin construction soon and will take about two years to complete.
The project is designed to mesh with the Regal Cinemas building and the 1111 Lincoln Road building across the street on the east side of Alton Road, Jose Gelabert-Navia, the project’s lead architect said.
Although I personally favor zoning that mandates that residential units and excess parking be built whenever commercial is built, I still am a huge fan of improving neglected real estate, and in this case, the changes will be a dramatic improvement. The design is stunning, and the only thing this project is missing is a mix of residential units.
Developer Russell Galbut (Crescent Heights) plans to build two other major projects on Alton Road as well: The Wave, a 4 building project with 321 apartments and 50,000 square-feet of retail space will be located between Fifth and Seventh streets; and a 50,000 square-foot building at 1901 Alton Road that will include a new 40,000 square-foot Whole Foods Market.
UPDATE JULY 2016:
1212 Lincoln Road will have 92,725 square feet of retail, 104 hotel rooms, and 447 parking spaces.
Crescent Heights just bought its 10th property in Miami Beach, paying $12.25 million for the retail building at 1600 Alton Road in South Beach. The two-story retail building was developed in 1959 and last sold for only $330,000 in 1988. Crescent Heights now owns most of 1.62-acre site. They now want to submit a new plan to the city for approval, and if you ask me, the new design ruins the entire project. It went from a stunning piece of architecture, to a generic glass box. I’m pretty disappointed in this.
In January,Crescent Heights also paid $10 million for the Bridgestone Tire building across the street at 1575 Alton Road. Additionally, they now own 1100 15th Street, 1220 16th Street, 1428, 1614, 1616 and 1624 Alton Road, 7316 Collins Ave., and 1550 and 1620 Alton Road. All but three of those properties are near the intersection of Alton Road and 16th Street.
The updated design will now be a five-story hotel, luxury retail shops, and a large indoor food court with a second floor balcony stretching along almost all of the 1600 block of Alton Road.
The first phase of the project will be a large food court and parking area designed by New York design firm AvroKo. The area will be enclosed but will have a large balcony that will function as a common area where people can gather overlooking Alton Road. 447 parking spaces will be added.
The second phase of construction will be the construction of a 100 room luxury hotel that will replace the current Wells Fargo bank. Perkins + Will is designing the project.
