Miami will see three more condo towers

Currently 26 projects already on the way in South Florida, Miami will now see another three new condominium projects, with two in Coconut Grove and one in Grand Bay, which will be on the site of the soon-to-be-demolished Grand Bay Miami Beach, according to a report from Condo Vultures. The Grove at G hotel, will feature two towers, and the Versailles on the Ocean in Miami Beach will have one.“Developers appear to be almost be rushing to market with plans to build new condo towers in South Florida, knowing the process takes time to generate presages, construct the towers and ultimately deliver the proposed units,” said Peter Zalewski, founder of brokerage and consultancy Condo Vultures