The Luxury Building That Could Create a Hot New Miami Neigborhood

November 17, 2018

Boxy, nondescript condo towers–each around 20 stories high–and parking structures line a wide, uncrowded boulevard ten miles up the road from Miami Beach. Aside from the palms peppering the avenue and the white sand beaches just beyond, this strip of Hallandale Beach, Florida, feels more like a generic semi-urban sprawl than the sexy metro area within striking distance. But developer Shahab Karmely is banking on a change; in fact, he hopes to spur it. The principal of real estate development and investment firm KAR Properties, Karmely purchased a prime piece of waterfront land along South Ocean Drive, and hired all-star designers and architects to transform it into the area’s first luxury condominium high-rise in Hallandale Beach.

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