A new condo project located on the former Cima site on the Miami River will soon be announced.
Persian-American developer Shahab Karmely told TRD that he will unveil the project this spring. It will be designed by a renowned architect, with ‘amenitized living and lifestyle features.’ Extra care is being taken on details such as soundproofing, light exposure, ceiling height and elevator experience.
The tower would rise to a height of 928-feet, according to an application submitted to the FAA last month. Construction could begin by late 2015 or early 2016.
Karmely is also moving forward with plans to develop a site in Hallandale Beach.
Although he recently added a property in Wynwood to his holdings, Karmely won’t be developing it immediately. Instead, he intends to take his time, expand his holdings, and eventually develop a mixed-use project.
Karmely arrived in the U.S. from Iran in 1978 as a refugee. He intends to relocate to Miami with his family.