Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220

Forest Development announced that it has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a two-towered condominium development of 24 stories at 220 Lake Shore Drive in Lake Park, Florida. The mixed-use development is designed by R+N Architecture with Interiors by Steven G. and landscaping from Insite Studio, and comprises 330 condominium residences across both towers with restaurants, retail, and offices alongside a marina. A $269 million construction loan from Fortress Investment Group LLC has closed for Nautilus 220, with financing arranged by Concord Summit Capital.

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

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. 

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Artist Michele Oka Doner And Artaic Collaborate On Public Art Display At FIU In Miami

American artist Michele Oka Doner and Charlestown, Massachusetts-based mosaic manufacturer Artaic recently collaborated on a new public art display at Florida International University in Miami. The art piece, titled “The Third Day’, is on display along the exterior façade of the university’s Academic Health Center 4, a 6-story, 137,000-square-foot cast-in-place facility designed by Perkins+Will and constructed by DPR Construction. The stunning mosaic mural can be seen at a prime focal point on campus, located on the northern ground floor frontage of the building along University Drive with East Campus Circle.

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