Monad Terrace in Miami Beach secured $62.5 million in construction financing, JDS Development announced, paving the way for vertical construction to begin next year.
Monad Terrace in Miami Beach appears to be clearing the way toward a groundbreaking in coming months.Construction activity has resumed at the 1.6 acre site in South Beach, located on West Avenue between 13th Street and 14th Street.
There’s some mixed news on the Monad Terrace front in Miami Beach. The pre-construction development sold a penthouse that was offered at $7.6 million and was hit with a foreclosure lawsuit
One of Miami Beach’s most anticipated projects has yet to break ground in Monad Terrace—they’ve been experiencing some delays with the steel delivery—but their sales gallery has been in full swing.
Jean Nouvel appears poised to change the game for development in South Florida with Monad Terrace in Miami Beach offering a "flood-resilient" vision, as Curbed's Alexei Barrionuevo first reported in February. A new rendering has been released