Related Group scraps luxury condo project in Miami
M2E valued client, the Related Group has pulled the plug on luxury condo project Auberge Residences & Spa Miami after launching sales at a deeply discounted price point.
The Miami-based developer planned to build a 60-story, 290-unit land-locked tower at 1400 Biscayne Blvd., near the Adrienne Arsht Performing Arts Center, in a downtown Miami-adjacent area known as the Arts & Entertainment District. It would’ve been just the first phase of a three-tower project that would eventually have 1,430 units and 13,280 square feet of retail.
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