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1685 Washington Avenue Update 05/27/22

Lender Announces $22M Construction Loan for Miami Beach Hotel

Banesco USA has announced a $22,300,000 construction loan for the development of a mixed-use project with plans for a luxury boutique hotel, restaurant, and retail spaces.

1685 Washington Avenue will include 150 hotel rooms, a parking garage with 116 spaces, and retail spaces on the ground floor. There will also be a rooftop restaurant, swimming pool, and deck area.

1685 Washington Avenue

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