Phase one includes two 42-story towers and one 34-story tower totaling 287 units. A fourth tower, currently awaiting government approval, is planned for 25 stories with 44 condo units and three stories of restaurant and retail space. This will be phase two.

Developers told GlobeSt.com earlier this year that the development had a scheduled completion date of late spring 2004. The project currently is built through the 34th floor and will start delivering units in May or June 2004.

In other news, former Miami Dolphins quarterback Dan Marino has signed a three-year contract to be the development's spokesman and help market the project through print advertising and special event appearances. Marino and his family recently purchased a home at Las Olas River House for an undisclosed seven-figure price. Marino and his wife, Claire, want to use the condo as a weekend retreat.

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
NOT FOR REPRINT

© 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.