Related Group changes its plans!
No more 34-story luxury condo towers on the island!
Jorge Perez's Related Group is now proposing a 160,000 sq. ft. Class A office project for a site it owns on Terminal Island. The change comes a year after the Coast Guard warned that Related's condo proposal could compromise the Coast Guard Miami Beach station's security.
The two four-story buildings would include 11,250 sq. ft. of restaurant space, helicopter pads, and a mega-yacht marina.
The developer purchased the site in 2013 for $9.94 million.
Lets see if this plans get approved!!
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