Luxury Condo Project Planned for Surfside Building Collapse Site
Developer Announces Plans for 12-Story Luxury Condominium
A Dubai-based developer, DAMAC International, has announced plans to build a 12-story luxury condominium project on the site where the Champlain Towers South partially collapsed in Surfside in June 2021, killing 98 people. Construction has already started, and the project is expected to be finished in 2029.
About the Project
The building, designed by Zaha Hadid Architects, will feature 37 “mansions” with units averaging 7,000 square feet. The price of a four-or-five-bedroom unit will start at $15 million, and the project will include a private restaurant, residential butlers, a wellness spa, and other resort-style amenities.
What Happened
In June 2021, the 12-story, 136-unit oceanfront condo building came down with a thunderous roar in the middle of the night, leaving a giant pile of rubble and claiming 98 lives. Only two teenagers and a woman survived the collapse, while others escaped from a portion of the building that had not collapsed. A judge in 2023 approved a settlement topping $1 billion for victims of the Champlain Towers South collapse. The cause of the collapse remains under investigation by the National Institute of Standards and Technology.
The Investigation
National Institute of Standards and Technology investigators have found that some of the steel-reinforced concrete columns at Champlain Towers South were half the strength they should have been and were not up to construction standards in 1980 when the 12-story tower was built. The steel in some columns had become moderately to extremely corroded, weakening them further. Investigators have also confirmed eyewitness reports that the pool deck fell into the garage four to seven minutes before the beachside tower collapsed.
Legislation
After the collapse, Florida Gov. Ron DeSantis signed into law new regulations requiring condo associations for buildings with three or more stories to file an inspection report focused on structure, maintenance, and expected costs for repairs or renovations. The regulations require associations to have sufficient reserves to cover major repairs and to survey reserves every decade.
Conclusion
The luxury condominium project planned for the Surfside building collapse site is a testament to the resilience of the community and the determination to rebuild and move forward. While the tragedy of the collapse will never be forgotten, the new development will provide a unique opportunity for those who want to own a piece of luxury real estate in one of the most desirable locations in South Florida.
FAQs
* What is the name of the luxury condominium project planned for the Surfside building collapse site?
+ The project is called The Delmore.
* Who is the developer behind the project?
+ The developer is DAMAC International, a Dubai-based company.
* What is the expected completion date for the project?
+ The project is expected to be finished in 2029.
* What are the amenities included in the project?
+ The project will include a private restaurant, residential butlers, a wellness spa, and other resort-style amenities.
* What is the starting price for a four-or-five-bedroom unit?
+ The starting price is $15 million.
