Four Seasons Fort Lauderdale breaks ground

Miami /
Oct.October 21, 2015 04:00 PM

Before officially launching sales at the Fort Lauderdale International Boat Show, Fort Partners has broken ground on its Four Seasons Hotel & Residences.

The groundbreaking precedes the complete demolition of the existing Tropic Cay Motel in Fort Lauderdale Beach, according to the project’s vice president of sales Jim Cohen.

Cohen said the area is no longer “spring break central. There’s such a transformation going on in Fort Lauderdale,” he told The Real Deal. “The market is ready for luxury real estate.”

The Four Seasons will include condos ranging from 800 square feet to 6,000 square feet, with prices between $1.2 million to about $10 million, Cohen said.

Hotel guests and residents will have separate pools and lobbies, and residents will have a private driveway. Amenities include a spa, a signature restaurant, bar and lounge, pool-deck restaurant, ballroom, business center, children’s recreation area, meeting facilities and a cafe in a garden.

Fort Partners acquired the entire 1.8-acre block at 525 North Fort Lauderdale Beach Boulevard from Dev Motwani’s Merrimac Ventures in July. Merrimac is still a minority partner.


Related Articles

arrow_forward_ios
Mayor Shlomo Danzinger and a rendering of Fort Partners’ Hillcrest by the Sea (Facebook, iStock, rendering by O' Donnell Dannwolf & Partners Architects)
Town of Surfside sued after approving project next to aging condo building
Town of Surfside sued after approving project next to aging condo building
David MacNeil with Four Seasons Residences (Weather Tech, KD Prime Properties)
WeatherTech honcho buys condo at the Four Seasons Fort Lauderdale
WeatherTech honcho buys condo at the Four Seasons Fort Lauderdale
Nadim Ashi with Josh Zegen and the Four Seasons Residences Fort Lauderdale (Rich Stapleton, Fort Partners, LinkedIn)
Fort Partners pays off largest construction loan in Fort Lauderdale history
Fort Partners pays off largest construction loan in Fort Lauderdale history
Nadim Ashi of Fort Partners in front of Four Seasons Fort Lauderdale (Fort Partners, Four Seasons Fort Lauderdale)
Four Seasons Fort Lauderdale scores TCO, sellout estimated at $350M
Four Seasons Fort Lauderdale scores TCO, sellout estimated at $350M
Nadim Ashi of Fort Partners with the hotel (Four Seasons, Fort)
Fort Partners buys Four Seasons Brickell hotel for $130M
Fort Partners buys Four Seasons Brickell hotel for $130M
The Surf Club at 9001 Collins Ave. (Google Maps)
Apartment management firm pays $12M for second condo at Surf Club Four Seasons
Apartment management firm pays $12M for second condo at Surf Club Four Seasons
Antonio Sersale and Nadim Ashi, with Le Sirenuse at the Surf Club (Credit: Google Maps and Jacopo Raule/Getty Images)
Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus
Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus
Renderings of the penthouse and Fredrik Eklund (Credit: Four Seasons Private Residences Fort Lauderdale)
Fredrik Eklund tapped to list $35M PH in Fort Lauderdale
Fredrik Eklund tapped to list $35M PH in Fort Lauderdale
arrow_forward_ios

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

Loading...