Construction has started on the 22 story Four Seasons Private Residences Fort Lauderdale as foundation work continues before a future foundation pour.
The project will have 90 residential units and 130 hotel rooms. Residences will span from 780 to 6,000 square feet.
The building is being developed by Fort Partners and designed by Kobi Karp who also collaborated on The Surf Club Four Seasons Hotel and Residences in Surfside.
Construction on the Four Seasons Private Residences Fort Lauderdale is expected to be completed by the end of 2020.
Since going vertical in August 2018, Washington Squared has topped off in Miami Beach at 7 stories.
The assemblage between 6th and 7th street on Washington Avenue will have 312 hotel rooms, 46,849 square feet of retail space and 258 parking spaces.
Washington Squared was designed by Morris Adjmi Architects.
The 1 Hotel South Beach has been sold for $610 million to Host Hotels & Resort, according to the SFBJ. The seller was Starwood Capital Group and the LeFrak Family.
Location at 2341 Collins Avenue, the 1 Hotel South Beach has 429 rooms, but does purchases doesn’t include the 155 condos.
Starwood Capital Group purchased the hotel in 2012 for 100.3 million and renovated it at a cost of $300 million.