Following several months of foundation work, one of Miami’s most anticipated short-term-rental-friendly condominium towers is going vertical. North Development’s Domus Brickell Park, a 12-story, 171-unit offering, set to redefine the traditional condo-hotel sector, is already 60% sold.
Read MoreDomus Brickell Park Now Over 50% Sold As Developer Converts Reservations to Contracts
Domus Brickell Park has converted reservations to contracts, with over 50% of the 171 residential units sold, including its sole commercial space. The project is being developed by North Development, a strategic joint-venture between experienced Miami developer Ricardo Dunin’s Oak Capital and Edifica, one of the largest developers and builders in Peru.
Read MoreNorth Development Launches Revolutionary Condo-Hotel Brand 'Domus' And First Project 'Domus Brickell Park'
Ricardo Dunin, CEO of Oak Capital and the Miami developer who pioneered the South Florida condo-hotel industry in the 90s, and Edifica, one of the largest developers and builders in Peru, have joined forces for the creation of North Development and the launch of DOMUS, a new condo-hotel brand. North Development’s first project in Miami, Domus Brickell Park, is located Brickell, at 1611 SW 2nd Avenue, and features 171 fully furnished condo-hotel units rising 12 stories.
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