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Proposed Echo Brickell condos rendering, Miami, FL |
MIAMI, FL -- With at least 125 new condo towers already
proposed for South Florida since the real estate crash of 2007, a trio of
different developers have announced plans to build three additional towers with
a combined 600 more units in the Greater Downtown Miami market and the
neighborhood to the north, according to a new report from CondoVultures.com.
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Proposed 4300 Biscayne Boulevard Condos, Miami, FL |
The newly proposed condo towers - Echo Brickell, an
unnamed project near the Habitat Residences, and the 4300 Biscayne Boulevard
- come at a time when a pair of development sites fronting Biscayne Bay have
recently traded for at least $29 million each in the Biscayne Boulevard
Corridor of Greater Downtown Miami within a two-week period, according to a new
CondoVultures.com report.
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Julia Tuttle Causeway, Miami, FL |
In the Greater Downtown Miami market, developers are now
proposing - or have recently completed - at least 25 new towers with nearly
8,300 condo units in a area that is defined as the Julia Tuttle Causeway south
to the Rickenbacker Causeway, and Biscayne Bay west to Interstate 95, according
to the Cranespotters.com Preconstruction Condo Projects Database™ compiled by
the licensed Florida brokerage CVR Realty™.
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Downtown Miami night skyline |
An additional three condo tower with a combined 325 units
have been proposed for sites just north of the Greater Downtown Miami boundary
of the Julia Tuttle Causeway, according to Cranespotters.com.
Overall in South Florida, developers are now proposing
nearly 17,700 units for the tricounty region of coastal Miami-Dade, Broward,
and Palm Beach as of April 20, 2013, according to the Cranespotters.com
Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage
CVR Realty™.
For a complete copy of the company’s news release, please contact:
Condo Vultures®
225 Midtown Building
225 NE 34th St.,
Suite 209B,
Downtown Miami, Florida, 33137.
800-750-0517.
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