500 71st Street, Miami Beach, FL33140
Most recent home to O Cinema -from 2014, this iconic building might make way to a new development.
Seven-story building with 114 micro-size residential units is the offer on the table to replace current legendary theater. The public-private partnership proposal comes from Menin Hospitality and KGTC, which is led by Matis Cohen, Marisa Galbut, Jared Galbut and Keith Menin is on the table at this time...
The city has mandated that every bid must contain 10,000 square feet of a cultural component as a public benefit. The Byron's plan includes a cultural center with a performance theater and programs and classes available to the community. The Byron Carlyle building measures approximately 25,250 square feet.
As part of the deal, the city would maintain ownership of the property and enter a long-term ground lease with the developers, who would demolish the theater and build a new seven-story structure.
Throughout the lease, developers would finance, operate, and maintain the building.
The Byron and Carlyle Twin Theatre, named for the cross streets it lies between opened in 1968, with the premiere of Jackie Gleason's Skidoo. In 2002, the theater shut down and was acquired by the City of Miami Beach from the Wometco chain for $1.7 million. It was reworked into a playhouse where local arts groups such as Stage Door Theatre staged productions.
In 2014, the Byron Carlyle was leased to the independent theater O Cinema, which made some renovations and screened films until 2019, when the city decided not to renew the lease because of the building's deteriorating condition. Necessary repairs were estimated to cost $3.2 million.
Theres a group of local North Beach residents headed by Ariana Reguant, an administrator of NoBe News, a Facebook page run by three residents who share news about North Beach, petioning to keep the iconic building.
Designed by famous MiMo architect A. Herbert Mathes, apparently, this might be his remaining buidling.
Petition attached to this blog:
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