1111 Lincoln Road developer wants to build addition
The developer of 1111 Lincoln Road, a seven-story commercial and parking complex in South Beach, submitted plans to the City of Miami Beach to build a two-story addition, The Real Deal has learned.
A proposed 21,071-square-foot building would be constructed on a 50-space SunTrust Bank parking lot at 1666 Lenox Avenue, just north of 1111 Lincoln Road. It is designed by Herzog & de Meuron, the Swiss architecture firm that designed 1111 Lincoln Road, a 263-space parking garage with 40,000 square feet of retail space, 110,000 square feet of offices and at least one penthouse suite. The complex, which includes part of a SunTrust Bank building originally constructed in the late 1960s and a Raymond Jungles-designed public plaza, was developed by Robert Wennett in 2010. Jungles, a Miami-based landscape architect, will also help design the 1666 Lenox addition.
Wennett did not respond to messages seeking comment.
The developer’s application described the addition as “a continuation of the success of urban development that occurred at 1111 Lincoln Road.”
The new building would include 10,813 square feet of new bank space on the ground floor, more than 50 new parking spaces and four residential units on the top floor.
Wennett and his partners also want to convert the fourth floor of 1111 Lincoln Road, now used as office space, into a “mixed-use parking/office/retail floor” and make “architectural modifications” to the ground-floor office lobby “to address new ground level site conditions.”
The plans are still being reviewed by the city’s planning department and are tentatively scheduled to come before the Miami Beach Design Review Board on Dec. 2nd.
Wennett and Mario Cader-Frech, vice president of public affairs and corporate social responsibility for Viacom International, bought the SunTrust Bank building and surrounding land from German investors for $23.5 million in 2005.