Major renovations proposed for Flamingo South Beach
Updates to include fewer, but larger units with the addition of ground-level retail space
The Miami Beach Design Board Review will meet in October to discuss proposed renovations to the North and Central towers of Flamingo South Beach. The North tower renovations will include scaling back the number of units from 614 to 446 to make residences even larger, according to The Next Miami.
Colorado-based Apartment Investment and Management Co. plans to add an open public plaza and update exteriors and landscaping at the 1500 Bay Road complex. Stantec designed the plans, which also include retail and restaurant spaces.
In April of this year, Aimco filed a lawsuit against Airbnb for listing short-term rentals in the Flamingo South Beach complex. The company owns both the North and Central apartment towers and the Bay Parc Plaza, which it purchased in 2004 for about $62.5 million. Late last year, Aimco also submitted plans to redevelop the Yacht Club at Brickell into a 61-story high-rise building with about 900 units.
The Design Board is scheduled to discuss the proposed renovations Oct. 3. [TNM] — Grace Guarnieri