BOSTON DEVELOPER MAKES PLANS FOR 60,000-SQUARE-FOOT KALLISTO

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MIAMI — Construction will begin by the end of this year on the more than 60,000-square-foot Kallisto, Boston-based Congress Group’s luxury multifamily development located at 120 Ocean Dr. in Miami’s South Beach. Plans call for eight single-floor residences and two penthouses, which range in cost from $4.9 to $13.5 million. Condos are designed with floor-to-ceiling windows and personal exercise rooms, and the property includes a pool, sauna and bar. Delivery is expected in the fourth quarter of 2010.

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