Friday, February 10, 2012

22nd New Condo Tower Proposed For South Florida Since Real Estate Crash




MIAMI, FL -- Fueled by steady presales at the nearby Apogee Beach condo tower, (lower left photo),  a Miami entity ultimately controlled by Jorge Perez (top right photo) of the Related Group, is planning a 31-story tower with condo and hotel units fronting the Intracoastal Waterway in the city of Hallandale Beach in Southeast Broward County, according to a new report from CondoVultures.com.

The proposed Beachwalk tower - which would stand 305-feet high with 84 residential units and 432 hotel rooms at the western end of the Hallandale Beach Boulevard Causeway - is the second new project slated for construction in the Hollywood / Hallandale Beach coastal condo market since the South Florida real estate crash, according to the CondoVultures.com Preconstruction Condo Projects list.

Overall, the proposed Beachwalk project would be the 22nd new condo tower with nearly 4,400 units planned for the coastal area of the tricounty South Florida region despite an estimated 4,200 developer units remaining unsold as of Dec. 31, 2011, according to a preliminary estimate based on the CondoVultures.com Official Condo Buyers Guide™ series.

For a complete copy of the company’s news release, please contact:

Condo Vultures® LLC is a real estate consultancy and marketing company based at 1005 Kane Concourse, Suite 205, Bal Harbour, Florida, 33154. You can reach Condo Vultures® LLC at 800-750-0517.

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