<h2>Lincoln Road Redevelopment: What's Next for Miami Beach?</h2>
Michael Comras’ Comras Company has made a big move in Miami Beach’s Lincoln Road market with the 0 million purchase of 11 storefronts. The company plans to redevelop the properties into a 150,000-square-foot boutique shopping district called NoLi.
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This article originally appeared on The Real Deal. Click here to read the full story.
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The $140 million purchase is the latest move in Lincoln Road’s evolution. In 2015, Pontegadea, the family office of Spanish billionaire Amancio Ortega, bought 1001-1035 Lincoln Road for $370 million.
Comras’ company has a history of revitalizing Miami Beach’s retail scene. The company sold 1001-1035 Lincoln Road in 2015 and is now back with a big purchase.
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