Construction begins at Monad Terrace located at 1300 West Avenue in Miami Beach.
Monad Terrace will consist of only 59 luxury units with two towers at 7 stories and 14 stories.
Recently securing a $62.5 million construction loan, units start at $1.7 million and will range from two to five bedrooms.
Expected to be completed third quarter 2019, Monad Terrace is being developed by JDS Development and designed by Jean Nouvel with Kobi Karp.