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Crescent Heights Reveals New Renderings of Park Coming To 500 Alton In South Beach

Crescent Heights Reveals New Renderings of Park Coming To 500 Alton In South Beach

December 12, 2019

Crescent Heights and Terra has revealed new renderings of the public park coming to 500 and 600 Alton Road, known as the Park on Fifth, as part of their deal to build a 44-story, 553’ tower at the gateway to South Beach. Russell Galbut and David Martin’s proposal was approved with an agreement to transform the former South Shore Hospital site with the tower, which is being designed by Arquitectonica, and the 3-acre park.

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In Community, Design, Miami Beach, News, New Construction, Parks & Recreation, Public Space, South Beach Tags 500 Alton Road, 600 Alton Road, Crescent Heights, South Shore Hospital, Terra, Terra Group, News, South Beach, The Park on Fifth, Russell Galbut, Design, Design Update, Miami Beach, Park on Fifth, Public Space, Parks & Recreation, Community, community investment, New Construction
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Investment Spotlight: Reinvigorating Miami’s Real Estate Investment with Opportunity Zones

Investment Spotlight: Reinvigorating Miami’s Real Estate with Opportunity Zones

September 19, 2018

The opportunity zone program is a little-known provision of the Tax Cuts and Jobs Act that could be a powerful economic development tool for designated low-income communities. The program provides tax incentives to developers who invest in these areas, including 427 tracts of land in Florida, 68 of which are in Miami-Dade County.

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In Agent Insight, Broward, Commercial, Community, Education, Finance & Banking, Legal, Little Haiti, Little Havana, Little River, Market Insight Tags opportunity zone, Tax Cuts and Jobs Act, opportunity fund, community investment, economic development program, Germaine Smith-Baugh, Urban League, tax incentives, Featured, Katya Demina
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Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development 2.png
August 5, 2026
Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development
August 5, 2026

A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.

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August 5, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical 6.JPG
August 4, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical
August 4, 2026

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase.

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August 4, 2026
Penthouse at St. Regis Residences, Miami Under Contract For $47 Million 6.jpg
August 3, 2026
The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
August 3, 2026

A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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August 3, 2026
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