Update: Only the residential building would be demolished and replicated under the proposal, while the theater would be renovated.
Related Group has submitted an unsolicited proposal to demolish a residential building at the historic Olympia Theater and rebuild it, with up to 300 affordable and workforce residential units.
In addition to a 1,567-seat theater, there is a 10-story building with 80 residential units currently on the site. The residential building would be demolished and replicated as part of Related’s proposal, while the theater would be renovated.
Miami commissioners were scheduled to discuss the proposal on September 14, but the meeting was postponed by Hurricane Irma.
The theater opened in 1926 and received historical designation by the National Register of Historic Places in 1984.