Prosper and Versluys Close $50M Land Deal for $650M Miami Condo Tower

AI Summary

Prosper Group and Versluys Group completed a $50 million land acquisition in Miami’s Brickell district for a joint venture to build a $650 million condominium tower. The site spans one acre with substantial frontage along the Miami River, indicating a significant real estate development project.

Prosper Group and Versluys Group have paid $50 million for a development site in Miami’s Brickell district, where they plan to build a $650 million condo tower, the joint venture announced.  The 1-acre assemblage includes three parcels: one along the Miami River, with more than 300 feet of water frontage, as well as two adjacent […]