Lake Park - Florida YIMBY

Forest Development And Royal Palm Companies Tops Off Construction On Nautilus 220 In Lake Park, Florida

8:00 am on November 7, 2023 By Oscar Nunez

Forest Development and Royal Palm Companies recently celebrated the topping-off construction milestone for Nautilus 220, a new luxury mixed-use development with condominium residences in two 24-story towers, waterfront restaurants including SeaHawk Prime by Chef David Burke, retail, and office suites alongside a marina at 220 Lake Shore Drive in Lake Park, FL. The traditional topping-off ceremony was commemorated at the project site on November 3, 2023, attended by more than 550 guests, including construction workers, project partners, and elected officials.

Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220

8:00 am on July 1, 2022 By Oscar Nunez

Forest Development announced that it has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a two-towered condominium development of 24 stories at 220 Lake Shore Drive in Lake Park, Florida. The mixed-use development is designed by R+N Architecture with Interiors by Steven G. and landscaping from Insite Studio, and comprises 330 condominium residences across both towers with restaurants, retail, and offices alongside a marina. A $269 million construction loan from Fortress Investment Group LLC has closed for Nautilus 220, with financing arranged by Concord Summit Capital.