Clearwater Beach Condo Project On Hold

The $200 million Marquesas condo project has been put on hold by developer JMC Communities as a result of the soft condo market.

The two tower project was scheduled to have 142 condos and 6 penthouses ranging in cost from about $800,000 to $3-million.
In a May 7 letter to buyers, JMC announced it was postponing Marquesas offering buyers a choice of unsold condos in its previous luxury beach front project, Sandpearl Resort which failed to sell all of it’s units. Until Marquesas is built its buyers can use the beach club at Sandpearl.