Thursday, December 28, 2006

Epic Receives $280 Million Phase 1 Construction Loan

Originally Posted on Wednesday, November 15, 2006


Developer Ugo Colombo and his team of developers finalized a $280 Million construction loan for the first phase of the Epic Hotel and Residences development at the mouth of the Miami River in Downtown Miami. It is a major milestone and basically assures that the project will be completed. No plans have been made yet for the second phase of the project, that is currently occupied by the Epic Phase I Sales Center.

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