Damac Properties has announced plans to build a luxury condominium called The Delmore, starting at $15 million per unit, on the site of the Surfside Condo collapse that killed 98 people. This development follows the ongoing investigation into the structural flaws that caused the tragedy. The Surfside community is divided; some view the site as a grave for victims, while others, particularly displaced unit owners, see development as essential for financial recovery. The decision to proceed was influenced by the high value of the land and the need for compensation for the affected families.
"Nearly four years after the tragedy, the official cause of the collapse has yet to be determined, but a federal team of investigators working the case have zeroed in on structural flaws in concrete used in the 40-year-old condo's pool deck and supports."
"For 98 families, this property is a grave site in essence and sacrosanct...the land sale and development seemed critical for their ability to be made financially whole."
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