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After China-Oceanwide failed to pay its debts, the project was foreclosed on by June 2023 and listed for sale. No asking price information was released. China-Oceanwide owed $157 million to a group of EB-5 lenders and planned to repay them from the proceeds of the sale. Lendlease filed a claim in court that it should be first in line for ...
The parcels around 50 First Street were upzoned as part of the Transit Center District Plan approved in 2012 in conjunction with the new Salesforce Transit Center. [10] The parcels were originally assembled by developer David Choo and a plan was floated in 2007 for towers as tall as 1,200 feet (370 m) designed by Renzo Piano. [11]
Waterfront land in West Palm Beach is in such high demand that 60-year-old condominium units sold for as much as $1.8 million last year on North Flagler Drive where a clutch of adjacent properties ...
Al Capone and vacationing billionaires from the Golden Age made these hotels their winter hideaway. By the 1950s the hotels fell into ruin and tourists abandoned this side of South Beach for the oceanside. All three properties, along with the rest of the Corridor, have since evolved into a middle-class, mixed use residential neighborhood.
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