According to new reports Crescent Heights has finally struck a deal with the city of Miami Beach to redevelop the former South Shore Hospital site, the three-block lot between Alton and West Avenue from 5th to 7th streets, into a 42-story tower.
Read MoreROVR Development Closes $27 Million Construction Loan For The Fairchild Coconut Grove
ROVR Development is pleased to announce it has closed on a $27 million loan for The Fairchild Coconut Grove, the new luxury waterfront condo development rising directly on Biscayne Bay in Coconut Grove. Ocean Bank provided the financing for the project which broke ground in April 2018.
Read MoreRelated Group's One Paraiso Receives TCO In Edgewater, Closings Set To Begin August 6
Related Group has received their TCO on One Paraiso as their new Paraiso District in Miami's Edgewater neighborhood continues to move fast toward full completion. The milestone comes nearly one year after topping off in June 2017. One Paraiso, the premier tower in the Paraiso District, offers 276 luxury condominium units and rises 53 floors.
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