Habitat Group has purchased a 30,000 square foot lot in West Brickell located at 143 SW 9th Street, for $14.5 million, according to The Real Deal.

Currently on the site is a 5 story apartment building built in 1968. Habitat Group plan to demolish the building a build a 36 story building with 108 luxury condos, 60 hotel rooms and 12,000 square feet of ground level retail.

Construction is expected to begin within two years.