Miami Beach considers ordinance that would bring hotels to Lincoln Road, brokering in posh Palm Beach: Daily digest

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Miami Beach could see new hotels on Lincoln Road. The Miami Beach City Commission is considering allowing taller buildings and smaller room sizes on Lincoln Road, which would allow for hotels to built on the popular street, according to the Miami Herald. The ordinance could head to a vote in October. [Miami Herald]

 

The property known as La Follia at 1295 South Ocean Boulevard closed for a record-breaking $105 million in July.

Here’s what it takes to sell a luxury home in posh Palm Beach. Tax benefits are leading more out-of-towners to plant a flag on the exclusive island, where brokers are in fierce competition and backstabbing is par for the golf course. [TRD]

 

Rendering of Virgin Hotels Miami and Richard Branson (Credit: Getty Images)

Richard Branson’s Virgin Hotels unveils plans for first Miami hotel. The 40-story property in the Brickell neighborhood will have a co-living component. The hotel is one of at least two that Virgin Hotels plans to operate in the Miami area, according to AFAR, which first reported the news. The second will be in South Beach. [TRD]

 

Compiled by Keith Larsen

from The Real Deal Miami & Miami Florida Real Estate & Housing News | & Curbed Miami - All https://therealdeal.com/miami/2019/09/24/miami-beach-considers-ordinance-that-would-bring-hotels-to-lincoln-road-brokering-in-posh-palm-beach-daily-digest/
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