Real Estate July 23, 2021

Rem Koolhaas Designed Condo Tower Planned On Collins Avenue In Mid-Beach

A developer is planned to build a condo tower in Miami Beach designed by starchitect Rem Koolhaas’ OMA, according to The Real Deal.

The new condo tower will rise 19 stories and have 318,000 square feet.

It is being designed to appear like a series of slender towers angled towards the ocean.

There will be a total of 100 condo units and 183 parking spaces. The condo count is lower than allowed by zoning.

The 120-unit, 15-story La Costa condo building at 5333 Collins Avenue will be demolished to make way for the new tower.

The 57-year-old La Costa has been ordered evacuated by the city and has not completed its 50 year recertification. It is now largely unoccupied after a developer bought out nearly 90 percent of units for the new project.

Mast Capital is the developer.

Koolhaas’ projects in Miami include Park Grove and Faena Miami Beach.

The project will be sent to the Miami Beach Design Review Board for a vote.

Contact us at sildy@sildycervera.com for pricing and floor plans.

 

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Written and published by The Next Miami