Miami is never short of real estate drama, but what happened yesterday in Miami Beach is a true rarity as the shell of the former Marlborough House, located at 5775 Collins Avenue has come crashing to the ground. The accidental collapse shut down a large portion of Collins Avenue and has left a project manager hospitalized in critical condition.
Read MoreBrazillian Billionaire Jose Isaac Peres Sees Backlash to His Proposal for 5775 Collins Ave
Brazillian billionaire Jose Isaac Peres has seen a backlash from neighbors over his proposal for 5775 Collins Ave in Miami Beach. Resident's complain of a "Condo Canyon" effect which is caused by newer building taking up the entire lots they are built on in terms of width. This would block partial views of the ocean as well as limit public access to the beach. The building is being designed by Arquitectonica and would rise 17 stories and feature 89 units. The building would also feature 2 levels of semi-subterranean parking. The proposed tower is outfitted with white stucco-tipped slabs with a glazed glass skin on the units. The balconies appear to be finished with with a warm brown wood, with planks oriented and glass rails. The proposal will head to the Design Review Board in December.