Quote:
Originally Posted by bobdreamz
A Second E11even Condo Tower Is Now Under Consideration After First Tower Reaches 90% Sold.
April 21, 2021
Park West’s E11even Hotel & Residences has experienced strong sales, and a second tower is now being considered by the developers.
The first tower will rise 65 stories, or 699 feet above ground.
Over 90 percent of condo units of 340 units planned in the tower are now in contract, with buyers placing a non-refundable 10 percent deposit, according to a press release.
Developer Michael Simkins told The Real Deal that a second tower is feasible and under consideration.
Simkins controls around 10 acres in the area, where the Miami Innovation District is proposed.
Groundbreaking on the first E11even tower will take place in the third quarter of this year. Construction will take about 30 months.
Miami Innovation District:
https://www.thenextmiami.com/a-second-e1...ation-after-first-tower-reaches-90-sold/
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How can people buy without seeing the final product? What if the finishes are not what they were supposed to be? The building could be built cheaply now that the developer has received the money in advance. Doesn’t seem like a good idea....