Luxury

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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New Renderings Reveal Refined Design For ‘The River District’ Under Construction In Brickell’s West Side

New renderings have surfaced of The River District, a massive 4-million-square-foot mixed-use development under construction on the west side of Brickell, Miami. Designed by Kobi Karp Architects with Rockwell Group and ID & Design International handling interiors and developed by Chetrit Group, the 6.2-acre project will give rise to four glass skyscrapers planned to yield approximately 1,961 residential units, 29,600 square feet of restaurant space, 12,020 square feet of retail, 40,000 square feet of office space, 17 marina slips, and 2,000 parking spaces across five phases of construction. The first phase, a 54-story – 648-foot-tall tower at 275 Southwest 6th Street, is already underway, with G.T. McDonald Enterprises as the general contractor and Tekton Construction as the structural contractor.

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Developers Break Ground On WNWD21 At 2150 N. Miami Avenue In Wynwood, Miami

Miami-based real estate developer Related Group and private equity firm Rockpoint have broken ground on WNWD21, a new 12-story, two-towered mixed-use development consisting of 304 apartments, over 18,000 square feet of retail, 63,000 square feet of office space, and 7-level parking garage for over 500 vehicles. Located in the heart of the Wynwood at 2150 North Miami Avenue, the project is designed by Cohen Freedman Encinosa & Associates with interior design from ID & Design International (iddi Design). Beauchamp Construction Company is spearheading the construction, with completion expected for the third quarter of 2024.

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‘Isle Of Venice Condos’ Proposed For 87 Isle Of Venice Drive In Fort Lauderdale

Fort Laudedale-based developer JDSFC Properties, LLC has requested Site Plan Level III approval from the Development Review Committee (DRC) for Isle of Venice Condos, a 5-story luxury multifamily complex proposed for 87 Isle of Venice Drive in Nurmi Isles, Fort Lauderdale. Designed by Adache Group Architects with Architectural Alliance Landscape as the landscape architect and GRAEF as the civil engineer, the approximately 65-foot-tall multifamily project would offer 8 spacious units averaging roughly 3,000 square feet and 18 parking spaces spread across 28,795 gross square feet. The DRC will consider plans for the project on December 13.

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