#643 - What will become of the land the Surfside condo is on in South Florida?

Even as the search for victims of the Surfside condominium collapse continues, a question has surfaced: What will become of the land?

Although beachfront property is a hot commodity in South Florida, survivors, families who lost loved ones and neighbors are struggling to imagine another apartment building or hotel in a space that has suffered so much loss. Instead, many condominium owners have expressed hope that the government will purchase the property and build a memorial park.

The possibility of selling the land for a memorial — similar to the museum and fountains in the footprint of the twin towers that honor the terrorist attacks of Sept. 11, 2001 — has come up in official conversations in recent days. But when it was broached Wednesday at a hearing to discuss the various lawsuits filed on behalf of victims, a concern lingered: Would such a sale offer victims the largest possible payout for their lost homes?

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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