Akoya Condominiums

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The northern part of the city of en:Miami Beach, Florida, known as North Beach, as seen from en:Akoya Condominiums 2/14/2008.
Entrance of Akoya Condominiums on Collins Avenue
Akoya Condominiums at night from Collins Avenue southbound

Akoya Condominiums is a 47 story, high-rise residential condominium located in Miami Beach, Florida. Built in 2004 and rising 150 meters (492 feet), Akoya Condominiums is the third tallest building in Miami Beach, after the 170 meter Blue and Green Diamonds. It was built as one of the last very tall buildings permitted in Miami Beach before a 1998 height ordinance, capping buildings at 200 feet, went into effect.[1]

The Akoya Condominiums were originally planned to be the White Diamond.[2] Akoya has more floors than the Blue and Green Diamond buildings but does not have the diamond-shaped roof that they have. The original developer of the projects, Brazilian businessman Múcio Athayde, was forced to sell the White Diamond project in 2001 due to financial stresses that later put the other two buildings into bankruptcy.[3] The project was completed by the MerCo Group, controlled by developer Homero Meruelo, which later also bought the nearby Deauville Hotel.[4] The name "Akoya", referring to a type of cultured pearl, was chosen to replace the diamond theme.[5]

Akoya Condominiums is located along the beach of the Atlantic Ocean on Collins Avenue. Akoya Condominiums has 528 units, with 11 units per floor which translates to 48 floors. A modern fitness center, a tennis court, a swimming pool and racquetball facilities are available exclusively for Akoya’s residents.

See also[edit]

References[edit]

  1. ^ Douglas Hanks III, "Last of the Miami Beach, Fla., High-Rise Condominium Towers Near Construction", Miami Herald/Knight Ridder/Tribune Business News, August 29, 2002  – via HighBeam Research (subscription required).
  2. ^ "Akoya | Buildings". US /: Emporis. Retrieved 2012-11-16. 
  3. ^ Douglas Hanks III, "Condo Towers on Miami Beach Go Bankrupt", Miami Herald/Knight Ridder/Tribune Business News, January 8, 2002  – via HighBeam Research (subscription required).
  4. ^ Susan Stabley, "Developer Purchases Historic Miami Beach Hotel", Miami Today, February 5, 2004.
  5. ^ John Tanasychuk, "What's in a name? Sales, developers hope." South Florida Sun-Sentinel reprinted in Chicago Tribune, November 2, 2003.