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Faena cultural building designed by Rem Koolhaas. (Courtesy OMA)
A tired strip along Collins Avenue in Miami, once populated by swanky hotels, will soon be returned to its former glory days. The Miami Heraldreported that Argentinian developer Alan Faena is moving forward with his grand vision for this ghostly side of town, dubbed the “Faena District Miami Beach,” which will consist of an elaborate mix of residential, hotels, retail, and cultural space.