With work about to begin on the $75 million phase-two project, the North Miami Beach, Fl-based developer of multifamily projects is now focusing attention on the design of phase three, a 260-unit, 18-story multifamily tower.
Work on phase two follows the success of phase one, a 240-unit mid-rise multifamily structure the North Miami Beach company sold last year for a reported $30 million to Charles E. Smith Residential Realty Limited Partnership.
The project, located between Southeast Third Avenue and Federal Highway, benefits from the integrated design of a planned urban development, Granvil Tracy, American Land president and chief executive officer, tells GlobeSt.com.
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