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Billionaire Dubai Real Estate Developer Buys Site of Collapsed Florida Condo Tower

Planned Court Auction Nixed After Lack of Bidders
An aerial view of the cleared lot where the collapsed 12-story Champlain Towers South condo building once stood. (Getty Images)
An aerial view of the cleared lot where the collapsed 12-story Champlain Towers South condo building once stood. (Getty Images)
CoStar News
May 23, 2022 | 10:58 P.M.

No other bidders emerged to try to top a Dubai billionaire’s $120 million offer to buy the Florida oceanside site where a condominium tower partially collapsed last year, killing 98 people.

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