5775 Collins Ave. Miami Beach Condo Project
Peres, founder of Multiplan Real Estate Asset Management, secured approval from the Miami Beach Design Review Board for the once-contentious project after modifying designs for the building at 5775 Collins Avenue to include public beach access and reduce the buildingâ€™s width, according to a press release from the developer.
Arquitectonica is designing the 90-unit, 17-story luxury condo building. The developer will build a 15-foot-wide path featuring lampposts, benches and landscaping so the public can access the beach. Reducing the buildingâ€™s width will leave about 100 feet between the new structure and the neighboring building to the south.
Peresâ€™s company submitted new plans for the 5775 Collins project in October after the design review board delayed a decision on Marlborough Houseâ€™s demolition while pushing hard for the public beach path.