Development agreement
North Lincoln Lane between Meridian Avenue and Meridian Court, Miami Beach, FL
4/ 5
High impact
Bedrock impact score
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-07-22
Jurisdiction
Miami Beach, FL
Days on record
10 days
01Investment highlights
Why this deal matters
- Development agreement in Miami Beach, FL
- Bedrock impact score 4 of 5 — High impact
- City-owned land on North Lincoln Lane is being opened to a private developer via a negotiated concession
- A rare public-land opportunity in Miami Beach that signals an imminent formal entitlement process and potential competitive or adjacent development pressure.
- On the municipal record 10 days (filed 2026-07-22)
02Deal summary
The rationale
City-owned land on North Lincoln Lane is being opened to a private developer via a negotiated concession — a rare public-land opportunity in Miami Beach that signals an imminent formal entitlement process and potential competitive or adjacent development pressure.
Miami Beach City Commission accepted the Finance and Economic Resiliency Committee's recommendation to direct city administration to negotiate a Development Agreement and Concession Agreement with MAC 719 LR, LLC, MAC 741 LR, LLC, and MAC 723 LL, LLC for developer-implemented improvements on city-owned parcels along North Lincoln Lane between Meridian Avenue and Meridian Court.
03Deal facts
The filing record
- Jurisdiction
- Miami Beach, FL
- Action type
- Development agreement
- Asset class
- Multi-asset · site-wide
- Applicant
- MAC 719 LR, LLC; MAC 741 LR, LLC; MAC 723 LL, LLC (collectively, Developer)
- Status
- On municipal record
- Filed
- 2026-07-22
- Days on record
- 10 days
04Location
Where this sits
North Lincoln Lane between Meridian Avenue and Meridian Court, Miami Beach, FL
25.81060, -80.14890 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Miami-Dade County
2,705,528
Population
$53,975
Median HH income
902,200
Households
$1,237
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
10 Schools
7 Dining
4 Banks
2 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-07-2210 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
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