Palm Beach County-based developer Kolter Urban and renowned general contractor Coastal Construction have completed the foundation pours for Selene Oceanfront Residences, located at 151 North Seabreeze Boulevard in Fort Lauderdale Beach, and vertical construction is now officially underway. This dual-tower beachfront condominium promises opulence and awe-inspiring panoramic vistas of the Atlantic Ocean, the Intracoastal Waterway, and the city skyline.
Kobi Karp Architecture & Interior Design
By 2025, Fort Lauderdale could be home to an exciting luxury venture: 3000 Waterside. The community, measuring 15 stories, will offer 103 residences. The 100 condos will measure 1,559 square feet to 4,817 square feet, and the three three-bedroom townhomes will measure 3,064 square feet to 3,156 square feet.
La Maré is a luxury housing development unfolding in the Bay Harbor Islands. The Class A development will offer 42 condos and penthouses.
New York-based Shvo and its partners have secured a $190 million construction loan for the renovation and condominium addition at The Raleigh hotel at 1775 Collins Avenue in Miami Beach. The loan, provided by Fort Lauderdale’s BH3 Management through its BH3 Debt Opportunity Fund II, supports the partnership between Shvo, led by Michael Shvo, and the German firm Deutsche Finance. The loan encompasses The Raleigh, the Richmond Hotel at 1757 Collins Avenue, and the South Seas Hotel at 1751 Collins Avenue. The transaction was brokered by Walker & Dunlop.
Landau Properties, a real estate development firm based in New York and South Florida, has announced a significant construction loan for the upcoming Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. The boutique residential property, which will feature condominium residences and a private marina, has secured a $29 million construction financing package. Construction on the development is underway, and sales are formally scheduled to launch this fall.