MIAMI (CBSMiami) – The land where the Champlain Towers South condo once stood in Surfside before its tragic collapse will be sold.
On Tuesday, there will be a hearing on the matter. There will be no auction since the only bid came from Dubai developer DAMAC Properties for $120 million.
READ MORE: Report: Three Americans Died Of Carbon Monoxide Poisoning At Bahamas Resort
The land on Collins Avenue will not be turned into a memorial for those who died, instead, it will be used for another ultra-luxury high rise condo.
READ MORE: Coral Gables resident says city’s automatic license plate recognition cameras are a constitutional violation
The Champlain Towers South fell on June 24, 2021, killing 98 people.
MORE NEWS: Second Suspected Case Of Monkeypox In Broward Under Investigation
Earlier this month, a settlement of nearly a billion dollars was reached. The money will be divided among the victims’ families and survivors.