Posted May 3, 2024, 8:03 PM
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Join Date: Jul 2005
Location: Miami
Posts: 4,094
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https://therealdeal.com/miami/2024/0...lo-dies-at-96/
Quote:
South Florida developer Tibor Hollo dies at 96
Hollo, who survived the Holocaust and cancer, was chairman and president of Florida East Coast Realty
South Florida developer Tibor Hollo, who helped shape Miami’s skyline, died at the age of 96.
Hollo, a Holocaust survivor, founded his family owned Florida East Coast Realty after moving to Miami in 1956, and served as chairman and president. The residential, commercial and mixed-use developer most recently built Panorama Tower in Brickell, one of the tallest buildings along the Eastern Seaboard south of New York.
He developed the first high-rise building on Brickell Avenue and was the first to redevelop the Omni neighborhood, now known as the Arts & Entertainment District in downtown Miami, according to his bio.
A spokesperson for the family confirmed Hollo’s death.
The firm built the Class A office tower 2020 Ponce, the Biscayne Bay Marriott Hotel and Marina, Bay Park Apartments in the A&E district, 888 Brickell Avenue, two United States Treasury Buildings and the United States Justice Department’s building in downtown Miami and others.
Hollo’s largest real estate deal was the $363 million sale of the waterfront development site at 1201 Brickell Bay Drive to billionaire hedge fund manager Ken Griffin in 2022. FECR sold the 2.5-acre property for $3,340 per square foot, or about $145 million per acre.
Florida East Coast Realty’s biggest planned development is One Bayfront Plaza, a mixed-use supertall project that would be built on the site of a now-graffitied building at 100 South Biscayne Boulevard in downtown Miami.
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