Residential

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.

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

8:00 am on December 19, 2022 By Oscar Nunez

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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