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Disney-Related Fund Developing South Beach Condos

MIAMI-Condo Vultures' Peter Zalewski tells GlobeSt.com's Jennifer LeClaire the developers choice of Sunset Harbour reflects a rebound.

By Jennifer LeClaire | Updated on January 02, 2012

MIAMI-Mickey Mouse isn’t coming to South Beach, but the city is getting a new condo project sponsored by an investment fund Walt Disney’s nephew Roy E. Disney founded. The fund plans to construct a five-story condo with 70 units.

Palau Sunset Harbour and members of Disney’s Shamrock Holdings of Southern California will formally unveil plans for the new project on Jan. 24. Dubbed Palau at Sunset Harbour, the project will span 109,300 square feet at 1201 20th St. west of Alton Road and east of Publix, according to Condo Vultures.

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