Kolter pursues beach-area residential project in Fort Lauderdale

The West Palm Beach-based firm plans to build two 200-foot buildings with 312 residential units in the mid-section of Fort Lauderdale's barrier island

TRD MIAMI /
Apr.April 29, 2018 11:00 AM

3026 Alhambra Street in Fort Lauderdale (Credit: Redfin / Google)

West Palm Beach-based Kolter Group plans a 312-unit residential development in the mid-section of Fort Lauderdale’s beachfront area.

Kolter is preparing to develop two residential buildings that would be 200 feet tall and would include 15,000 square feet of space for retail stores and restaurants.

Fort Lauderdale’s Development Review Committee examined the proposed development on April 24.

The 2.6-acre development site includes eight parcels between Alhambra Street and Sebastian Street that Kolter bought from the city last year for $25 million.

Kolter bought the eight parcels spanning 2.2 acres through an affiliated company called KT Seabreeze Atlantic. The property includes two parking lots and a small wooded area.

The development site also includes a small building at 3026 Alhambra Street that Kolter acquired for $2 million.

Kolter officials were unavailable for comment. [Sun-Sentinel] – Mike Seemuth

 

Related Articles

arrow_forward_ios
1 Pelican Drive, Tim Elmes and Addison Ruff of Compass, Kelly Drum of Drum Realty

Auto magnate buys waterfront Fort Lauderdale house for $9M

Auto magnate buys waterfront Fort Lauderdale house for $9M
Andy Eversbusch and 623 Middle River Dr. (Credit: Google Maps)

Waterfront Fort Lauderdale house sells for $6.8M

Waterfront Fort Lauderdale house sells for $6.8M
150 North Federal Highway and Jaime Sturgis

Downtown Fort Lauderdale dev site hits market for $12.5M

Downtown Fort Lauderdale dev site hits market for $12.5M
Bridge Investment Executive Chairman Robert Morse, Bayview Corporate Tower (Credit: Google Maps)

Bridge Investment sells Fort Lauderdale office building for $83M

Bridge Investment sells Fort Lauderdale office building for $83M
Brad Hargreaves

Common managing Nuveen apartment buildings in Fort Lauderdale, LA

Common managing Nuveen apartment buildings in Fort Lauderdale, LA
Fourth Avenue Church of God (Google Maps)

Church near Flagler Village to be redeveloped into mixed-use project

Church near Flagler Village to be redeveloped into mixed-use project
The Bond at 105 North Federal Highway (Credit: Google Maps)

Bond Collective-anchored office complex in Fort Lauderdale hits market

Bond Collective-anchored office complex in Fort Lauderdale hits market
Adam Adache and renderings of 30 Thirty North Ocean

30 Thirty North Ocean in Fort Lauderdale gets TCO

30 Thirty North Ocean in Fort Lauderdale gets TCO
arrow_forward_ios

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

Loading...