Blue Road, partner launch sales of North Miami Beach condo project

Blue Road and Ilia Development Group launched sales of The William, a planned 26-story condo project along Northeast 163rd Street in North Miami Beach, The Real Deal has learned.  The 374-unit condo tower will be built on the 1.1-acre property at 2040 Northeast 163rd Street, currently home to a medical office building. Bay Harbor Islands-based Blue Road, led by CEO Jorge Savloff, and Ilia, led by investment banker Germán Osorio, plan to tap into EB-5 investment for the project, adding to a growing pipeline of projects doing the same.  The minimum investment for EB-5 investors is $1.05 million.  The developers […]This article originally appeared on The Real Deal. Click here to read the full story.