Condo Tower Phase I Success Leads to Phase II Launch

MIAMI-The first phase of the $254-million, two-tower, 49-story, 683-unit project is 98% sold since sales began in April. The second-phase sales start is spurred by demand for residences in the Downtown area.

By Melissa Bogdany | September 23, 2004 at 02:59 PM

The first phase, the south tower, is set to be completed in late 2006, while the second phase is set to be finished in fall 2007. George Mato is the project's director of sales. Turnberry Associates is the leasing agency for the project's commercial space.Aventura-based Cabi Developers is the U.S. subsidiary of Mexico-based GICSA. Its other local projects have included Country Club Center, a $15-million project, and the Parc at Turnberry Isle, a $40-million project, both in Aventura.

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