Report: Plan To Build Krystal Condo In Overtown Shelved

Marketing for the Krystal Condo tower has ended, according to brokerage ISG.

A company controlled by Rodolfo Ishak of Brazil had purchased the property for just $3.5 million in 2014, with the hopes of building a 153-unit condo tower.

A previous developer had built a five-story shell on the site for the Logik office building last decade, before halting construction.

Across the street, All Aboard Florida is building a supermarket, office space and parking garage complex called 3 MiamiCentral on land obtained from the Overtown CRA.