BSG Development Corp. is developing the project on the last site on the Intracoastal Waterway on Miami Beach. The tower was 85% sold at press time.

Homes are pre-sale priced from the $650,000s to nearly $2 million. The glass-enclosed elliptical tower will have one or two units per floor. Units will range from 1,300 sf to 5,500 sf. Half-floor units will have two bedrooms and 2 ½ baths, and full-floor units will have three bedrooms and 3 ½ baths.

BSG Development's principals include architects Charles Sieger and Jose Suarez of The Sieger Suarez Architectural Partnership; Ronald Bloomberg, president of Centaur Realty Organization, a Miami Beach real estate investment and brokerage firm; and general contractor Ronald Gaines of GS2 Corp., a Sieger Suarez construction management affiliate.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • 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.