The developer of the planned Triptych project that straddles the border between Midtown Miami and the Design District is listing the site for sale.
HES Group, which is facing foreclosure from its lender, is looking to sell or find a joint venture partner for the 1-acre property at 3601 North Miami Avenue, said Francisco Arocha, CEO and managing partner of HES.
“We’re working in good faith to find a good solution,” Arocha said. “We own the land and we control the land. Our goal is that during the next few weeks, the economy will come back during the election.”
Miguel Pinto of Apex Capital Realty and Daniela Lainville of Yaffe International Realty are co-listing the site.
In early September, LV Midtown LLC filed a foreclosure lawsuit against Aventura Hotel Properties LLC and QR Triptych