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Right now, South Florida is experiencing a huge influx of tech companies moving to the area. In fact, there is so much growth within the business and tech worlds in the area, that our neighborhoods are planning exciting things to keep the momentum. Therefore, the City of Miami Beach officials aim to find out if Lincoln Road could become the next hot spot for this phenomenon.
Commissioners received 18 letters of interest from developers. Therefore, the city has been seeking proposals to add office spaces near Lincoln Road mall. This is an effort to diversify the area and keep the business momentum alive in the city. The plan is to add about 400,000 square feet of office space. They would be located on three parking lots between Lincoln Road and 17th street.
If completed, this project could add a lot of traffic to the area, helping the stores and restaurants on the mall strip. This will help diversify Miami Beach’s economy, which for many years has depended on tourism and hospitality.
Read more: https://www.miamiherald.com/news/business/real-estate-news/article252456628.html
Interested in learning more about real estate opportunities in Miami Beach?
AMG International Realty is a global real estate firm specializing in Florida. If you are you looking to buy, rent, or sell in Miami we are here to guide you through every step of the way. From mortgage applications, to finding your dream home and closing the deal. In addition, if you are interested in learning more about 1212 Aventura and Ivory 214, contact us today!
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