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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Developers Unveil New Details And Renderings Of Miami’s Future Tallest Office Tower

New details and renderings have been released for One Brickell City Centre, a 68-story office tower planned for a 2.38-acre site at 700 Brickell Avenue in the heart of Miami’s Brickell financial district. Designed by Arquitectonica and developed by a joint venture partnership between Related Companies and Swire Properties, the nearly 1,000-foot-tall structure will yield 1.5 million square feet of office space, a host of wellness amenities, and a high-end restaurant and a helipad on the roof. Demolition work for existing site improvements is expected to commence in Q1 of 2023, and a ground-breaking date will be announced based on the pace of leasing efforts.

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Brightline Opens New Stations In Boca Raton And Aventura

On December 20, intercity rail company Brightline and its partners in Boca Raton, Aventura, and Miami-Dade County, celebrated the ribbon cutting of its Aventura and Boca Raton train stations. Congressman Carlos Gimenez and Mayors Daniella Levine Cava, Scott Singer, and Howard Weinburg were joined by officials from the City of Boca, the City of Aventura, Miami-Dade County, and Brightline executives to officially launch the highly-anticipated opening of the two new stations. Today is the first day of service for Boca Raton and Aventura.

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