A planned ultra luxury condominium tower on the former site of the Champlain Towers South collapse in Surfside has failed to sell a single unit more than a year after launching sales. The 12 story oceanfront development, called The Delmore, promises expansive residences, private elevators, a suspended sky pool and interiors by a renowned architecture firm, with prices starting at $15 million and penthouses expected to exceed $150 million.

The Dubai based developer purchased the land in 2022 following a court ordered auction, with proceeds going to former owners and victims' families. However, executives now admit the initial 2025 sales launch was premature, and several potential deals have fallen through. The company has cited buyer skepticism, timing issues and questions over funding sources as obstacles, and is considering a partnership with another developer to revive momentum.

Beyond market challenges, the project faces deep emotional and community resistance. Many local buyers reportedly refuse to consider living on the site where 98 people died in the 2021 collapse, and some families argue the land should have been preserved as a memorial. Plans currently place a tribute one block away, a decision that has intensified criticism from relatives who say they have been excluded from redevelopment discussions.

The ongoing federal investigation into the cause of the collapse, with a final report not expected until late 2026, has added further uncertainty. Combined with stricter safety regulations and a cooling condominium market in Miami, the tower's future remains clouded despite the developer's insistence that the project will move forward toward its planned 2028 completion.