The embarrassing corner of Lincoln Road and Collins Avenue could soon be redeveloped.
The Alvin’s Island property at 200 Lincoln Road is being offered as a long term land lease, according to marketing material from broker Koniver Stern. Either retail or hotel could be developed on the 29,448 square foot lot.
Why are the signs on the 200 and 300 block of Lincoln Road so large and tasteless? Miami Beach planners created a special Lincoln Road signage district in the 200 and 300 block allowing for oversized signs, in order to “recreate some of the excitement of the 40s and 50s.” That move soon backfired when two low-end tourist shops opened on opposite corners of Collins Avenue, which is the main entryway to Lincoln Road for tourists.
The CVS on the block is one of the top performing stores in Florida, according to the broker’s flyer. Two projects are already under construction on the same block – a Ross Dress for Less, and the Iberostar Berkeley hotel.