Construction is underway at 1212 Lincoln in South Beach.
The first phase will include a multi-level parking garage, along with retail, and a new Wells Fargo bank on the ground floor.
Wells Fargo’s existing branch on the corner of Alton Road and Lincoln Road will be demolished once the new branch opens, allowing the second phase to proceed. It will include additional retail, along with a 50-room CitizenM Hotel, according to documents submitted to the city of Miami Beach last year.
In total, around 70,000 square feet of retail along with over 400 parking spaces will be built, according to the website of developer Crescent Heights.
Perkins + Will is the architect. Crescent Heights is the developer.