Southgate Towers, a 1960s apartment building in Miami Beach, completed the first phase of its $40 million renovation, ADD Inc. announced recently.
The completed North Tower includes a new facade, 242 redesigned units, a lobby, fitness center with yoga room, and restaurant and retail space, according to a press release.
The two buildings at 900 West Avenue will share a resort-style pool, cabanas, spa pool, waterfront restaurant and bar, and private marina with boat slips.
The second phase is scheduled for completion in December 2015, and includes a new facade and 253 redesigned units. The 14-story towers were built by the late developer Nathan Gumenick, according to the press release. Gumenick Properties owns and manages the development.