m2e client, The Related Group wants approval to build a 25-story luxury condo tower on Terminal Island just off Miami Beach in a deal that would include the partial use of a neighboring city-owned parcel.
The city’s planning board will consider the application by Miami Beach Port LLC, an affiliate of Miami-based Related Group, on Feb. 28 to rezone the site from industrial to multifamily residential. It concerns the 3.71-acre site at 120 MacArthur Causeway that the developer acquired for $9.94 million in 2013. Until recently, the property served as a cargo terminal between Port Miami and the main island of Miami Beach.
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