The New Plans for Ocean Terrace

Are you familiar with Ocean Terrace? Located near the northern shore of Miami Beach, the two block stretch of Art Deco and Miami Modern buildings overlooking the beach has been around for years but is in serious need of a facelift after falling into disrepair.  Residents are eager to see Ocean Terrace rejuvenated, but there have been some hurdles.

Last year a developer tried to campaign for an increase in the scale of allowable development in an effort to breathe some new life into Ocean Terrace.  The project would have involved tearing down the majority of the buildings to build a 250-foot condo tower, a series of shops on Collins Avenue, and a 150-foot hotel.  The ambitious plans were ultimately shot down, but the developer is now looking to try again with a tweaked plan and a fresh approach.

The new Ocean Terrace plan would salvage a portion of the buildings and would include a 235-foot residential tower, somewhat smaller than the original 250-foot tower that was initially proposed.  The new plan would maintain buildings like the Ocean Surf Hotel and the Days Inn while the other buildings would only be partially torn down while maintaining their historic facades.  These buildings would be incorporated into the new construction plans.

The Miami Beach City Commission will be evaluating the revised plans on the 11th.

This update is presented by Miami Beach Realtor Tim Allen of Blackstone International Realty, specializing in Continuum South Beach.  If you are interested in Miami Beach condos such as the Continuum condos for sale, call Continuum expert Tim at 305-588-2451 for information on sales and rentals.