Clara Bay Harbor, a new luxury rental development coming to Bay Harbor. Credit: Clara Homes Clara Homes Secures $26M Construction Loan for Rental Community in Bay Harbor as Luxury Developments Boom
Clara Bay Harbor's first building is expected to break ground this March, with completion anticipated in early to mid-2024.
February 22, 2023 at 04:15 PM
3 minute read
Commercial Real Estate
Miami's Bay Harbor neighborhood continues to transform as developers flock to the neighborhood to build luxury developments. In the latest move, a Miami-based developer secured a $26 million construction loan for a luxury community, a three-building development. Each building will have six stories.
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