WRE News: Decision for Ritz Lincoln Road Revitalization Project Approved Today by Historic Preservation Board

Miami Beach, FL – October 10, 2023 – The Historic Preservation Board has approved the game-changing $12 million Lincoln Road revitalization project and the development of the Ritz-Carlton Residences today. Supported by an overwhelming majority of Miami Beach business owners and residents, this endeavor promises safer pedestrian and vehicular traffic through expanded sidewalks. It envisions the transformation of the street into a vibrant, art-filled gateway to Miami Beach’s heart. Included in the plan is a 183-foot building addition to the Ritz-Sagamore property, a reduction in hotel rooms, and the incorporation of private residences to revive the neighborhood’s residential character. This represents a tangible opportunity to rejuvenate Miami Beach, enhance safety for both residents and visitors, and safeguard the area’s small businesses, which have been grappling with closures amid rising homelessness and crime on Lincoln Road.