Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Are we seeing last days of Byron Carlyle Theater??

Cashflow In Miami
October 6, 2020

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:


Latest Posts

Read More

New construction multifamily in Lake Worth is booming!

Dixie hwy between 16th avenue north and 17th avenue north, Lake WorthOne developer , two rental brand new projects , one -Lake Worth.Affiliated is in the midst of the construction of the 230 units , called MID.

Read more
Read More

Last two developable lots on Fisher Island approved!

Fisher Island developer Heinrich Von Hanau just got approved zoning changes to allow for a 57-unit, 10-story condominium building at 6 Fisher Island Drive and 12 single-family homes at 68 Fisher Island Drive. The new projects would bring the total number of residences on the island to 871 . Fisher Island is allowed a maximum of 1,400 residential units.

Read more
Read More

2323 in Allapattah moving forward!

The 2323 Apartments project will be eight stories and include smaller micro unit apartments. The project will have commercial and office uses on the ground floor, and 116 residences.Parking for up to 129 vehicles will be on the second and third floors.Indoor and outdoor amenities are planned, including a swimming pool above the parking levels.This project plans 47 micro apartments ranging from 385 to 388 square feet. Architect Ivo Fernandez of Modis Architects

Read more
Read More

GlobalPro Ventures is in the preconstruction phase for a mixed-use apartment building at 2560 Northwest 20th Street in Allapattah !

The developers said they are considering building live-work units in Allapattah, and plan to have co-working space in the lobby. The existing building is currently leased to retail tenants. GlobalPro Ventures acquired the property in October for $1.9 million, records show.The site is zoned T6-8, which means that they can build up to eight stories high with about 70 to 80 units.

Read more
Read More

Ocean Reef Club

Member only unique 2000 paid residents in gated island golf and marina community. Super safe and secured location with its own landing field , 11+ restaurants ( 24/7 service) , school ( from preK to 8th grade), 36 holes golf, 175 slip marina, art league with different classes , medical center, spa and gym, wiht everything for your pet!

Read more
Read More

Swire sells two office buldings with We Work and Akerman LLP anchors for $163 million!!

78 Southwest Seventh Street and 98 Southeast Seventh Street , Miami The combined $163 million purchase breaks down to $80.3 million for Two Brickell City Centre and $82.7 million for Three Brickell City Centre. Each building has about 130,000 square feet, which means they sold for roughly $630 per square foot.

Read more