Search
 

Demolition Begins at Future Mixed-Use Site

MIAMI-Suffolk Construction Co. is demolishing the boatyard storage warehouse located on the parcel to make room for Latitude on the River, will include 455 luxury condos and more than 200,000 sf of class A office and retail space.

By Melissa Bogdany | Updated on March 23, 2004

MIAMI-Suffolk Construction Co. has begun demolition work on the site of the future Latitude on the River, a major Downtown mixed-use project that will include a condominium tower and a class A office and retail tower. E.A. Fish Associates, a real estate development and construction firm based in Boston, is the project’s developer.

Suffolk is demolishing the boatyard storage warehouse on the 2.3-acre parcel located at 615 S.W. 2nd Ave. in Brickell Village. The demolition work is expected to be finished by the end of March and cost approximately $200,000. Construction of the new development is scheduled to begin in the fourth quarter. In the meantime, residential units will be offered for sale.

The developer plans to house the 455 luxury condominiums in a 44-story residential tower. The units will include a mix of studios, riverfront flats, tower units and penthouse units, ranging in price from the $170,000s to the $600,000s. The project’s sales office is now located on site and Cervera Real Estate has been selected as the exclusive brokerage for the development.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.