Formerly called Bayshore Palms, the project is planned on a tight 2.57-acre pad in Miami's Brickell financial district. Site work has begun with ground-breaking expected by fall and completion by first quarter 2005.
Condominiums and loft homes at the planned 48-story, 326-unit waterfront community at the northeast corner of Brickell Bay Drive and Southeast 14th Street will be priced from $400,000 to $5 million, according to the project's Web site.
Pre-construction sales, spearheaded by Fortune chairman Edgardo Defortuna, total $120 million since November 2001, according to a prepared statement from the Miami office of Holliday Fenoglio Fowler.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
