Eight years after the Miami Heart Institute shut down, a Miami-based development team wants to gut the bulky Miami Beach medical campus and turn it into luxury residences.
Lionheart Capital, which bought the nine-acre site from Mount Sinai Medical Center in February for $20 million, has proposed fitting 154 condos into the seven-story hospital’s renovated waterfront shell and building nine villas on an adjacent parking lot.
The designers have talked about removing the structure’s terracotta roofing, and cutting out about 73,000 square feet in ramping and four- or five-story sections of the hospital by the waterfront and street front to open up views and create courtyards. They plan to add greenery to the existing parking garage and a pool to the roof.
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