News
3:48 pm
Wed December 18, 2013

MIAMI HERALD: Miami Beach Church Seeks Financial Salvation

The front courtyard where store fronts are going to be built for commercial use at the United Church of Christ on Lincoln Road in Miami Beach.
The front courtyard where store fronts are going to be built for commercial use at the United Church of Christ on Lincoln Road in Miami Beach.
Credit CARL JUSTE / MIAMI HERALD STAFF

In dire financial straits, the church that has stood on the corner of Lincoln Road and Drexel Avenue for almost a century is considering leasing out a chunk of its historic property for $100 million.

Early plans call for Tristar Capital to build a multistory building on the Miami Beach Community Church’s small courtyard fronting the Lincoln Road Mall.

As a historic property in a historic district, it could be difficult to get city approval for development on the site. As a congregational church, its members also have to approve the deal.

Read the full story at MiamiHerald.com.