Shriners Put Riverfront Acres On Block
Written by Marilyn Bowden on July 27, 2000
By Marilyn Bowden
A real estate listing for the Mahi Shrine Temple Auditorium, 1400-1500 NW North River Drive, puts more than 7 acres with 880 feet fronting the Miami River on the market.
The asking price for the riverfront landmark is $19.75 million.
The property owners were not available for comment.
Barry Shepherd, a real estate consultant at The Allen Morris Co. handling the disposition with presidential assistant Larry Rentz, calls the property "a must-see for the creative-minded developer."
Three buildings totaling more than 50,500 square feet sit on the 7.2 acres, Mr. Rentz says.
"A developer could take down what’s there or incorporate it into a larger development," he says. "The main building is in good shape, with 16- to 20-foot ceilings."
The 42,000-square-foot main building consists of a large auditorium with stage, office or meeting rooms and classrooms, he says.
Also on site, he says, are a 4,955-square-foot warehouse with two bay doors and a 3,600-square-foot building now in use as a social club.
The property is zoned for office use and was master-planned by the City of Miami to allow a wide assortment of residential and commercial uses.
Mr. Rentz says the company will initially target mixed-use developers and government entities, since the area is already home to a number of government agencies.
The Mahi Shrine, now headed by Richard E. Lynn, is one of 11 shrines in Florida affiliated with the Shrine of North America, an international fraternity of about 525,000 members throughout four nations of the Americas. The Florida shriners are to hold their annual association meeting here next May.
Shriners maintain a network of 22 hospitals that delivery free care to children under 18 for burns and orthopaedic treatment. The Mahi Shrine provides free transportation for children to a shriners’ hospital. Details: (305) 358-1000.