Prosper, European developer buy Miami River condo dev site for $50M
Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million. They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Brickell Riverfront assemblage. Miami-based Prosper, led by former Wall Street financier Jay Roberts, and Belgium-based Versluys plan a $650 million, 60-story luxury condo tower on the adjacent lots at 66 Southwest Sixth Street, 625 Southwest First Avenue and a third parcel, according to the buyers’ news release. The project will have over […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Dream Finders Homes enters Palm Beach County with $12M acquisition
Related Group sells Casa Tua space at NoMad Wynwood for $33M, Azora Capital drops $21M for Coral Gables retail condos
Miami developer Todd Glaser lists his own Palm Beach mansion for $59M
Robert Rivani scores $114M refi for South Beach office building where Playboy HQ will open
Napster steps back from $160M Fort Lauderdale movie studio, HQ project
Opportunity zone: Alta lists under-construction student housing near University of Miami
Developer Philippe Harari sold his Coconut Grove home for over $80M
Billionaire Jeff Greene sells oceanfront Tideline Palm Beach Resort to Fort Partners for $150M
South Florida’s mid-market home sales dip as luxury shifts into high gear
“Flying car in our lifetime”: Related Ross maps CityPlace air taxi stop
