Many of the victims’ families wanted to turn it into a memorial.
for what its spokesperson is calling “the most luxurious project ever to Surfside.” The 12-story glass box, by Zaha Hadid Architects, features wide balconies that cascade in rivulets down the façade, their curves recalling ’60s retrofuturism. On top of that, the developerbranding the whole place around Cavalli, the Italian fashion house better known for distressed jeans.
The site’s ascendance into the upper echelons of luxury shows how much South Florida beachfront real estate has ballooned in the past two years despite some pretty obvious facts. Saltwater will still help corrode whatever goes up there, andmay not be exactly stable: A 2020 study singled out the building for having “a higher rate of subsidence” over years of sea-level rise.
Which might help explain why Damac was the sole bidder last year in a sale ordered by a court to compensate victims and their relatives. It generated $120 million, but families still questioned how anyone could dare to build there. This got
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