![]() ![]() The project started after the developers paid the town of Surfside 200,000 in 1979 to. There is also the potential of pushback from some of the families of the victims in the condo collapse who are pushing for a memorial rather than a new development. Champlain Towers South was built in 1981 and was developed by Champlain Towers South Associates. Others, however, believe the land beneath the site is sinking and unstable, asserting that extensive engineering of the site is required before building another high-rise. Previously on Archinect: Several groups call for higher building safety standards after Surfside collapse Despite geotechnical engineering reports on the site having not been released, some experts believe the site itself remains buildable and safe, claiming that the Champlain Tower South’s collapse was primarily due to the design and maintenance of the building. Whether building on the site is safe or not is up for debate. Condos recently for sale in the building were listed at 600,000 to 699,000, according to multiple real estate websites. Previously on Archinect: 12-floor residential building collapses in Miami, leaving at least four dead and 159 missing Living at Champlain Towers South came with a hefty price tag. DAMAC reportedly plans to build a high-end residential project on the site, which will likely be a for-sale condo project. The Champlain Towers developers came up with a plan: They would provide 200,000 toward the needed upgrades covering half the cost if they could get to work on construction. Surfside has received plans for a luxury high-rise on the site of the deadly Champlain Towers South condominium collapse almost two years ago, bringing clarity and, for some, disappointment regarding redevelopment of the property tied to the tragedy. No competing bids were submitted by last Friday’s deadline, resulting in the cancelation of an auction scheduled for May 24th. DAMAC, owned by Emirati billionaire Hussain Sajwani, reportedly known as the “Donald Trump of Dubai,” set the minimum price of $120 million for the 2-acre property in 2021. ![]()
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