Altman Companies plans amenity-rich apartment complex in Kendall Square

Miami /
Jan.January 21, 2013 01:30 PM

Boca Raton-based developer the Altman Companies has closed on 24.6-acres in Kendall Square, where it will build a 321-unit apartment complex, the company announced today. Construction on the property, which is located at West Kendall Drive in Miami-Dade County, is scheduled to start immediately with first units to be delivered in the fourth quarter of 2013.The development will feature a mix of one, two and three-bedroom rental apartments and 6,000 square feet of retail. Residents will receive membership to a private resort-style 5,000-square-foot clubhouse. Other amenities will include a pool and spa, an outdoor activities pavilion with sports bar and demonstration kitchen, cabanas, a beach volleyball court, a dog park and access to 10-foot by 10-foot organic vegetables and herb garden.

TD Bank and Behringer Harvard are providing financial backing for the project and Bradley Associates and BBX Capital are the equity partners.

“We are very pleased to be partnering with the Altman Companies on this development, as we continue to build our investment portfolio,” Seth Wise, president of BBX Capital Asset Management, said.  —Christopher Cameron


Related Articles

arrow_forward_ios
Vladislav Doronin (Credit: Gesi Schilling via Wikipedia)

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M
Seth Wise, Co-CEO of The Altman Companies, Altís Ludlam Trail

Altman scores $55M construction loan for Ludlam Trail project

Altman scores $55M construction loan for Ludlam Trail project
Joseph Swedroe (Corcoran, iStock)

Corcoran agent in Miami loses job over “racist and fear-based” marketing

Corcoran agent in Miami loses job over “racist and fear-based” marketing
Vanessa Grout with Vladislav Doronin

Vanessa Grout leaves Ugo Colombo’s firm to lead OKO Group’s real estate arm

Vanessa Grout leaves Ugo Colombo’s firm to lead OKO Group’s real estate arm
Rendering of the project with Jon Paul Pérez (top) and Jorge Pérez 

Related switches gears on Terminal Island project, now plans low-rise offices

Related switches gears on Terminal Island project, now plans low-rise offices
Edgardo Defortuna and a rendering of La Playa de Varadero

Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end

Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end
Richard Branson (Credit: Virgin, Cindy Ord/Getty Images)

Virgin Trains seeks $350M to build five stations in Miami-Dade

Virgin Trains seeks $350M to build five stations in Miami-Dade
Easton Group picks up land in Hialeah Gardens for $8M

Easton Group picks up land in Hialeah Gardens for $8M

Easton Group picks up land in Hialeah Gardens for $8M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...