Coastal Construction

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

8:00 am on December 23, 2022 By Oscar Nunez

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.

New Construction Permits Filed For 55-Story Casa Bella With Coastal Construction As The General Contractor

8:00 am on October 26, 2022 By Oscar Nunez

New construction permits have been filed for Casa Bella by B&B Italia, a 55-story residential condominium building planned for 1400 Biscayne Boulevard in the northern section of Miami’s downtown corridor, just south of Edgewater. Designed by Arquitectonica with landscape architecture from Enzo Enea and developed between real estate developers Related Group and Alta Developers, the 648-foot-tall development will comprise 312 luxury residential units ranging from one to four bedrooms sized between 711 to 2,187 square feet, including select marquee penthouses ranging from 2,605 to 5,890 square feet. Units will feature stunningly-designed interiors by Lissoni New York in collaboration with high-end Italian furniture company B&B Italia. Coastal Construction is listed as the general contractor.

Bilzin Sumberg Renews Lease At Rilea Group’s 35-Story 1450 Brickell Office Tower Designed By Nichols Architects

7:30 am on October 17, 2022 By Oscar Nunez

Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a significant office lease that will preserve its position as one of the central tenants at the 1450 Brickell office tower. The firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core. Bilzin Sumberg’s renewal of its lease coincides with an influx of residents, companies, and investment into South Florida, with the Firm pursuing a strategy of steady growth that has solidified its role as a catalyst for business and wealth migration.

Orange Station at the EDGE to Offer 103 Residences at 1301 Central Avenue, St. Petersburg, Florida

7:00 am on October 11, 2022 By Colt Dodd

St. Petersburg, Florida, will soon be home to a new mixed-use development. Orange Station at the EDGE will offer 50,000 square feet of prime office space, a 600-spot parking garage, and 14,000 square feet of ground-floor retail. But that’s not all.

Kolter Urban Breaks Ground On 42-Story Art House In The Heart Of Downtown St. Petersburg

8:00 am on June 30, 2022 By Oscar Nunez

Palm Beach, Florida-based real estate development and investment firm Kolter Urban has broken ground on Art House, a 42-story luxury condominium development located at 200 Central Avenue in the heart of Downtown St. Petersburg. Designed by SB Architects with interiors by ID & Design International Interior Design and landscaping by Kimley-Horn Landscape Architects, the 450-foot-tall development will deliver 244 spacious residential units in a variety of two- and three-bedroom layouts, including 12 lavish penthouse units. The ground floor will be activated with 6,000 square feet of retail and restaurant space, and the tower will sit atop an 8-story parking garage for 482 vehicles. Coastal Construction is the general contractor, projecting to complete construction and deliver the project by late 2024.

Vertical Construction Begins For Onda Residences At 1135 103rd Street In Miami’s Bay Harbor Islands

8:00 am on June 9, 2022 By Oscar Nunez

Vertical construction is well-underway for Onda Residences, a 41-unit boutique condominium development along the waters of Biscayne Bay at 1135 103rd Street in Bay Harbor Islands. Designed by Arquitectonica with interiors by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture and Developed by a joint venture between Morabito Properties and CMC Group, the project will deliver fully finished residences ranging from two-to-four bedroom layouts spanning between 1,809 and 3,535 square feet in size, and four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. The 8-story development is on track to top-off construction in December, with delivery slated for the Fall of 2023. Coastal Construction serves as the development’s general contractor.

Coastal Construction Breaks Ground On 31-Story AER Luxury Apartment Tower In Downtown Tampa

8:00 am on May 28, 2022 By Oscar Nunez

Coastal Construction has broken ground on the Arts and Entertainment Residences (AER), a 31-story luxury apartment tower in Downtown Tampa. Designed by Cube3 Architects and developed by American Land Ventures and Gazit Horizons, the 346-foot-tall high rise will be located at 300 West Tyler Street, across from the Straz Center for the Performing Arts, offering immediate access to the city’s cultural institutions while providing scenic city and river views to its residents. There will be 334 residential units available in eleven distinctive studio, one, two and three-bedroom floor plans intentionally and carefully designed to meet the demand of the Downtown Tampa luxury rental market, and a separate structure with 13,688 square feet of ground-level retail space and 514-space parking garage above the shops.

Related Group’s 41-Story Miami Station Tower Is Approved By The FAA To Rise 539-Feet

8:00 am on April 27, 2022 By Oscar Nunez

The Federal Aviation Administration has approved building permits for Miami Station, a 41-story mixed-use tower at 525 Northwest 2nd Avenue in Downtown Miami’s Overtown District. Designed by ODP Architecture & Design and developed by the Related Group, the structure is permitted to rise 539-feet, or 546-feet above sea level. According to construction permits currently under review, Miami Station will yield approximately 730,000 square feet including an estimated 247,000 square feet of office space, roughly 298,000 square feet of residential space across 301 dwelling units, and a podium comprising nearly 6,000 square feet of ground floor retail and 6 levels of parking for over 500 vehicles. FAA building permits were approved on March 25, 2022, and are valid for the next 18 months, meaning Related has from now until October 25, 2023 to begin vertical construction.

Developers Land Construction Financing For 33-Story AER Project In Downtown Tampa

8:00 am on April 5, 2022 By Oscar Nunez

American Land Ventures (ALV), a Miami-based real estate developer, and development partner Gazit Horizons Inc., the American arm of Israeli-based Gazit Globe Ltd., have landed a construction loan of over $113 million from BMO Harris Bank NA to build AER, a mixed-use development soon to go vertical at 3oo West Tyler Street in Downtown Tampa. Designed by Miami-based Cube3 with Coastal Construction named as the general contractor, the development will yield a 33-story, 346-foot-tall tower with 344 residential units and a connected 10-story structure with over 10,000 square feet of retail space and 504 parking spaces.

Demolition Permits Issued For 530 Northwest 1st Court In Downtown Miami

8:00 am on February 17, 2022 By Oscar Nunez

Total demolition permits have been issued for an unfinished concrete parking structure at 530 Northwest 1st Court in the Overtown District of Downtown Miami. The 5-story structure has stood on the property since around 2008 and was supposed to support a 29-story office building once known as Logik Tower, which was cancelled due to financial constraints and the recession that proceeded. The interior lot spans 22,500 square feet and is bound by NW 1st Court. on the East, NW 6th Street on the North, and two vacant lots on the West addressed as 525 and 533 NW 2nd Avenue. The permit was approved on February 11, 2022 and marked active by the 14th with The BG Group LLC listed as the general contractor at the cost of $153,930.

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