If the Related Group pushes onward with its plans for a condo-hotel in Miamiâ€™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.
â€œSeveral 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 regionâ€™s last boom-and-bust cycle is currently on pace to sell out as early as 2014,â€ Peter Zalewski, principal of Condo Vultures, said. [South Florida Business Journal] â€“Christopher Cameron.Brigitte Respaut-Clement
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