05/27/2026
CLIENT NEWS: Terra, led by developer David Martin, has secured approval for a 28-story condo tower along Biscayne Bay in Miami Beach.
The city’s Development Review Board approved the development on the 1.91-acre site at 1250 West Ave. on May 14. The 238-unit Bay Garden Manor Condominium, which was built in 1964, will be demolished to make way for the new condo.
Terra affiliate 1250 West Ave Owner LLC acquired the older condo and the Bikini Hostel across the street for roughly $120 million in September. The city previously rezoned the property to allow greater height.
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Terra, led by developer David Martin, has secured approval for a 28-story condo tower along Biscayne Bay in Miami Beach. The city’s Development Review Board approved the development on the 1.91-acre site at 1250 West Ave. on May 14. The 238-unit Bay Garden Manor Condominium, which was built in 196...