A short-term-rental-friendly condo project has broken ground in Brickell and obtained construction financing.
Domus Brickell Park is planned to include 172 condo units in a 12-story building.
North Development, a joint-venture between Ricardo Dunin’s Oak Capital and Peru-based Edifica, led by Juan Carlos Tassara, held a groundbreaking ceremony at the construction site on March 21.
Zyscovich Architects, interior architect Urban Robot Associates, Thornton Construction Company, Inc., and Cervera Real Estate are also part of the project team.
The developer secured a $70 million construction loan from South Florida-based Forman Capital and Core Capital to allow work to begin.
More than 50% of units have been sold.
Completion is planned for Q4 2025.
(photo: World Red Eye)
