Fortune International Group has recently finalized the acquisition of a significant 46,373-square-foot parcel located at 1210 Brickell Avenue in Miami’s vibrant Brickell neighborhood. This prime site is earmarked for the development of ORA by Casa Tua, an ambitious 77-story condominium tower that promises to redefine luxury living in the area.
ORA by Casa Tua will feature 533 exquisitely furnished residences, each designed to offer a blend of elegance and comfort. Uniquely, these residences will be available for short-term rental immediately upon purchase, providing an attractive option for investors and residents alike. Sales for these coveted units commenced last year and have been met with considerable interest.
The site was acquired from Patagonian Investment Internacional LLC, marking a crucial milestone in the project’s progression. Complementing this acquisition, Fortune International Group secured a substantial $36,080,000 pre-development loan from Amerant Bank, ensuring the financial foundation for the project’s development is robust. The groundbreaking ceremony is anticipated to take place next year, setting the stage for the construction phase to begin in earnest.
Edgardo Defortuna, the Founder, President, and CEO of Fortune International Group, expressed his enthusiasm in a recent press release: “The acquisition of the site and loan closing are principal steps that mark an exciting beginning for ORA by Casa Tua’s vision to take shape. We are eager for Miami’s community to sense the anticipation and witness the project come to life.”
As ORA by Casa Tua moves forward, it is poised to become a landmark in Miami’s skyline, reflecting both the city’s dynamic growth and the high standards of luxury that Fortune International Group consistently upholds.
