13th Floor Investments and Key International Break Ground on Skye Apartments in Delray Beach, Florida with $79.2 Million Construction Loan

South Florida developers 13th Floor Investments and Key International, in partnership with CDS International Holdings and Wexford Capital, have broken ground on Skye, a 327-unit multifamily community within the 50-acre Parks at Delray development in Delray Beach. The project is being financed with a 79.2 million dollar construction loan from CIBC Bank USA and follows the completion and lease-up of Savio, the joint venture’s first residential phase. Construction is scheduled to be completed in 2027.

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Renderings and Diagrams Revealed for The Residences at Bayview at 1040 Bayview Drive in Fort Lauderdale

New renderings and diagrams have been released for the updated redevelopment proposal at 1040 Bayview Drive in Fort Lauderdale. Designed by MSA Architects with landscape architecture by Architectural Alliance Landscape, the filing submitted by Sunrise and Bayview Partners, LLC, an affiliate of Procacci Development Corporation, seeks to amend the previously approved mixed-use plan under the project’s updated name, The Residences at Bayview. The 2.4-acre property is located on the northeast side of Bayview Drive and East Sunrise Boulevard, north of The Galleria and near the Intracoastal Waterway.

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