If you party, will they come?

Groundbreakings for residential new development projects in Miami Beach have becoming increasingly important signals to buyers that a project is moving forward with construction. In October 2017, the developer of Monad Terrace—JDS Development Group—held a presentation of the 59-unit project at the sales gallery, followed by a marching band parade that led attendees towards the South Beach site, where a crane broke ground accompanied by fireworks. Monad Terrace received $62.5 million dollars in construction financing from Vanbarton Group. Designed by Ateliers Jean Nouvel, Monad Terrace presents 59 luxury waterfront condominium residences on Biscayne Bay in South Beach.

ByKatherine Kallergis, The Real Deal

Original Article: Click Here 


Related Posts

JDS, Largo land $91M construction loan for Chelsea condo development

JDS Development Group has secured a $91 million dollar loan from Madison Realty Capital for the final completion of construction at luxury condominium project The Fitzroy, located at 514 West 24th Street in Chelsea. Designed inside and out by Roman & Williams, the Fitzroy is a 10-story, 65,346-square foot boutique condominium building with fourteen residences.…

Read More