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Brigitte Respaut Clement's Blog

Miami Real Estate News

By Brigitte Respaut Clement | Agent in Miami Beach, FL

Related condo project could be 19th new tower to rise in Brickell



If the Related Group pushes onward with its plans for a condo-hotel in Miami’s Brickell neighborhood, it would make for a total of 19 condominium towers developers have planned for the Downtown area, according to a new report cited by the South Florida Business Journal.

Although nothing is currently nailed down, Related is considering bringing a mixed-use building composed of 400 condo units and 132 hotel rooms to Downtown Miami.

“Several developers are proceeding aggressively to tap into the reportedly strong buyer demand for preconstruction condos in South Florida at a time when unsold unit inventory from the tri-county region’s last boom-and-bust cycle is currently on pace to sell out as early as 2014,” Peter Zalewski, principal of Condo Vultures, said. [South Florida Business Journal] –Christopher Cameron.


Brigitte Respaut-Clement
www.ofcoursemiami.com
ofcoursemiami@gmail.com
305 934 2870
Sterling Equity Realty

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