Palm Aire Apartments in Sarasota, FL, to Provide Over 300 Luxury Units at 831 Whitfield Avenue, 34243
A new apartment complex is coming soon to Sarasota, Florida. Palm Aire Apartments will comprise seven mid-rise buildings, containing over 300 units
Florida
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New River Central, a Mixed-Use Development, Slated for 100 Southwest 6th Street, Fort Lauderdale, FL, 33301
New River Central is the working name of an $80 million mixed-use venture in Fort Lauderdale, FL. The residential aspect will feature a 35-story apartment building that comprises 401 units.
Belmont Village Coral Gables, an Assisted Living Facility, in Construction at 4111 Salzedo Street, Coral Gables, FL
Belmont Village Coral Gables, an assisted living facility, is just one step closer to completion. The $50 million venture started construction in the second quarter of 2021 and will ideally open in the second quarter of 2023.
Gloria Drummond Patient Tower to Expand Boca Raton Regional Hospital at 800 Meadows Road, Boca Raton, FL, 33486
After being in the conception stage since 2018, the Gloria Drummond Patient Tower is now seeking site plan approvals. The $260 million venture seeks to expand Boca Raton Regional Hospital’s reach in the area.
Bank Of America Provides $84 Million Construction Loan For Fort Lauderdale’s Upcoming Second Tallest Tower
Construction financing has been attained for Fort Lauderdale’s upcoming second tallest tower RD Las Olas, a 47-story mixed-use building planned to rise 494-feet above ground, or 499-feet above sea level, addressed as 201 South Federal Highway and 227 South Federal Highway in Las Olas. Bank Of America is providing an $84 million loan to prominent Coconut Grove-based developer the Related Group, working under an affiliate company referred to as RD East Las Olas LLC, to build the tower. CFE Architects is listed as the design architect, with Moriarty Construction as the general contractor.
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