Miami Beach leaders want to kickstart redevelopment along the city’s 41st Street commercial corridor by asking developers to propose mixed-use projects on six city-owned parking lots.
The Miami Beach City Commission, in a 6-1 vote on Wednesday, authorized Miami Beach staff to seek letters of intent from developers interested in redeveloping parking lots at 4049 Royal Palm Avenue, 4166 Royal Palm Avenue, 525 West 40 Street, 4000 Chase Avenue, 4141 Alton Road and 836 West 42nd Street. 41st Street, in Mid-Miami Beach, is also called Arthur Godfrey Road.
Miami Beach Mayor Dan Gelber said seeking letters of intent is a preliminary step, geared to finding out what developers think can be built on the parking lots.
“This says if you have a great idea, we are open to considering it,” Gelber said. “Let’s not prejudge it.”
Source: The Real Deal