Evolution Virtual

Kolter Urban To Develop A 24-Story Residential Tower On Florida’s Paradise Coast

The Palm Beach, Florida-based real estate development and investment firm Kolter Urban has announced plans for The Island at West Bay Club, a 24-story tower located at 22050 South Tamiami Trail in Estero, Florida, within the West Bay Club community on Florida’s Paradise Coast. Designed by Garcia Stromberg Architects, this tower will feature 86 residences, each offering spectacular views of the Gulf of Mexico and West Bay Club’s championship golf course. In addition, the development will include a variety of signature resort-style amenities designed to provide world-class living within the comforts of a close-knit community. Suffolk Construction is the general contractor, and Compass Realty handles sales and marketing.

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Red Apple Real Estate Secures $252 Million In Financing, Vertical Construction For St. Petersburg’s Tallest Building To Commence In March 2023

Red Apple Real Estate has secured $252 million in financing for The Residences at 400 Central, a 46-story mixed-use building under construction at 400 Central Avenue in downtown St. Petersburg. Designed by Arquitectonica with WSP as the structural engineer and featuring interiors by Celano Design Studio, The Residences at 400 Central will become the tallest building in the city and on the gulf coast at approximately 515 feet, yielding 1.3 million square feet of space including 301 luxury condominiums with views of Tampa Bay and the Gulf of Mexico, retail and restaurant space, and upwards of 40,000 square feet of Class A office space. Suffolk Construction is the general contractor for the project, which is scheduled to go vertical in March 2023. 

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Developer Secures $240 Million Loan To Construct The Tallest Residential Development On Fort Lauderdale Beach.

Developer Kolter Urban has secured $240M in construction financing for Selene Oceanfront Residences, a two-towered, 26-story residential development located at 151 North Seabreeze Drive in Central Beach, Fort Lauderdale. Designed by Kobi Karp Architects with interiors by ID & Design International, the development will comprise 194 exceptionally spacious two- and three-bedroom residences ranging from 1,400 to 3,200 square feet with a limited collection of penthouses. Wells Fargo Bank, an administrative agent for a group of lenders, provided the loan for the property, which is set to become the tallest residential development on Fort Lauderdale Beach. Coastal Construction is the general contractor.

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Foundations Underway For 46-Story ‘The Residences At 400 Central’ In Downtown St. Petersburg

Foundation work has begun for The Residences at 400 Central, a 46-story mixed-use building at 400 Central Avenue in Downtown St. Petersburg. Slated to become the city’s tallest building, the 515-foot-tall structure is designed by Miami-based Arquitectonica with interiors by Celano Design Studio and is being developed by New York City-based Red Apple Real Estate, led by John Catsimatidis. The project will yield 1.3 million square feet of space including 301 residential units, 35,000 square feet of indoor and outdoor amenities, retail and restaurant space, Class A office space, and a rooftop observatory with a view from Tampa Bay to the Gulf of Mexico. This first stage of foundation construction is expected to be completed in the next few months, and vertical constriction is expected to begin in early 2023.

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Penthouse Collection Released For 26-Story Selene Oceanfront Residences In Fort Lauderdale

Kolter Urban is pleased to release the Selene Oceanfront Residences Penthouse Collection, a limited collection of penthouse residences at the luxury condominium development located at 151 North Seabreeze Boulevard in Fort Lauderdale, directly across from the award-winning Las Olas Beach. The exclusive collection of eight penthouses is set on the top floors of the 26-story, two-tower property which will rise as the tallest building on Fort Lauderdale Beach. Douglas Elliman Real Estate leads the sales efforts for Selene Oceanfront Residences with penthouse residences priced from $10.8 million.

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