Pebble Walk trudges to foreclosure

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Lender Ocean Bank has prevailed in a $30.8 million foreclosure lawsuit over an undeveloped mixed-use project in Doral, filed in Miami-Dade Circuit Court. The Pebble Walk development at the intersection of Florida’s Turnpike and Northwest 41st Street, was supposed to result in 363 residential units and 125,000 square feet of commercial, retail and office space on a 17-acre site. Adrian Development cleared the land but construction never started. [SFBJ]

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