Treasure Island Developers Pivot 148-Unit 490 Avenue of the Palms From Condos to Rentals, With Penthouses at $18,000 a Month

Treasure Island Development Group has abandoned its plan to sell the 148 homes at 490 Avenue of the Palms as condominiums, instead opening the waterfront building as a hospitality-serviced rental community where a top-floor penthouse commands $18,000 a month and residents can book housekeeping, meal prep and IV therapy through an app. The building, a […]