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Miami Beach Taps Related Group for $50-Mil Job

MIAMI BEACH, FL-The city commission confirms the Miami development company as its first choice to build the planned 170,000-sf project in the community of North Beach in this city, five miles east of Downtown Miami.

By David R. Corder | Updated on April 23, 2001

MIAMI BEACH, FL-Related Group of Florida Inc. has earned a stamp of approval from the Miami Beach City Commission as the top choice to develop a long-planned $50 million retail project in the city’s North Beach community.

The Miami-based development company must pass one more hurdle, however, prior to beginning work on the planned four-acre, 170,000-sf project: negotiating a development contract that fulfills each side’s expectations. City commissioners must approve the contract prior to work commencing.

If neither side reaches an accord, city staff may begin negotiations with the company that ranked second on list of three companies qualified to submit proposals on the city-owned development site between Collins and Harding Avenues and 72nd and 73rd Streets.

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