Wow – Here’s a Multiuse Garage – only $65 mil 300 spaces

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Wow – Here’s a Multiuse Garage – only $65 mil 300 spaces

Of course its in Miami Beach. Developer Robert Wennett, president of Urban Investment Advisors LLC, and Basel-based architectural firm Herzog & de Meuron brings us 1111 Lincoln Road. It’s a combination of boutiques, restaurants, penthouse residences, and of course all the 300 spaces are valet, don’t you know. Go to the building’s web site. When you get there click on the 1111. I spent 10 minutes trying to figure out what to do. The web site is worth the trip.

This garage takes parking building design to a new level – and to a new cost. At $216,000 a space this is a record holder. But of course you get a penthouse residence, a “world class” events room, top of the line boutiques and a restaurant or two thrown in.

It sits next to a former bank building that probably was a “design winner” when it was built but now has become the ugly duckling next to this beautiful work of parking art. I am scheduling a trip in the near future to South Florida although PT’s competition includes Women’s Wear Daily, The Financial Times, Bloomberg, and of course Dwell and Art Basel Miami Beach. It’s about time the rest of the world got a look at this masterpiece. PT will spread the word.

JVH

 

 

 

 

John Van Horn

John Van Horn

One Response

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