On the scene at Auberge Fort Lauderdale wine tasting series: PHOTOS

Developers closed $132M in construction financing for two-tower project in August

TRD MIAMI /
Oct.October 27, 2016 12:45 PM

The Related Group is looking to wine to lure buyers and brokers to its Auberge Beach Residences & Spa Fort Lauderdale.

Related kicked off a three-part wine-tasting series at the condo project’s beachfront sales gallery with sommelier Kris Margerum. Once completed, the restaurant at Auberge will include a wine vault and wine room with hand-picked bottles for buyers.

Auberge, a partnership between Related Group, Fortune International Group and the Fairwinds Group, will be a 171-unit beachfront project in Fort Lauderdale.

The north tower is more than 90 percent sold and the south tower is about 30 percent sold, the developer said in August. Remaining units range from $1.4 million to $9.9 million. They will be completed between the fourth quarter of 2017 and the second quarter of 2018. Construction began in November 2015, and the developers closed on $132 million in financing in August.

The 4.6-acre site at 2200 North Atlantic Boulevard will include a spa, restaurant and resort amenities. Nichols, Brosch, Wurst, Wolf & Associates is the architect for the project.

Due to the slowdown, Related is delaying construction on its sister project, Auberge Residences & Spa Miami.


Related Articles

arrow_forward_ios
Bryan C. Hanson of Zimmer Biomet and the Residences by Armani/Casa

Medical device CEO snags condo at Residences by Armani/Casa

Wynwood 25 and Wynwood Annex with Jon Paul Perez and Jonathon Yormak (Credit: East End Capital/Related Group)

Related, East End score $136M refi of Wynwood projects

Hyde Beach House Resort & Residences, Carlos Rosso and Drew Sims

Sotherly closes on acquisition of Hyde Beach House hotel space

Jorge Perez and the development site

Related buys dev site in downtown Fort Lauderdale

Jorge Perez and New River Yacht Club III

Related Group nabs $48M loan for downtown Fort Lauderdale apartments

From left: Jorge Perez, Alex Karakhanian, Scott Sherman and Ben Mandell, with The Dorsey rendering

The Dorsey project in Wynwood wins design approval

Related Group building at 315 Biscayne Boulevard and Jorge Pérez (Credit: Google Maps)

Related Group lists downtown Miami HQ

Nick Perez and the site at 1116 North Ocean Boulevard (Credit: Google Maps)

Related to launch Pompano condo sales in Q1 2020

arrow_forward_ios
Loading...