Related Group to Develop New Condo Tower in Hallandale Beach
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HALLANDALE BEACH, FL-The Related Group is preparing to construct a new condo tower in Hallandale Beach. The Beachwalk tower will include 432 hotel rooms and 84 residences.
The proposed 31-story project will be situated on the Intracoastal Waterway. A Related affiliate acquired the Beachwalk development site from TD Bank in May 2011 for more than $2.9 million. The construction of cost of the Beachwalk project is expected reach $60 million and the market value of the property will reach $80 million at completion. For the full story, go to South Florida Business Journal .
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