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

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

22 Isla Bahia Drive and Steven Romaniello

Harbor Beach home sells for $8 million

Niki Higgins of Douglas Elliman and 220 North Compass Drive (Credit: Douglas Elliman and Trulia)

Fort Lauderdale mansion with stock trading room sells for $12M

Renderings of the penthouse and Fredrik Eklund (Credit: Four Seasons Private Residences Fort Lauderdale)

Fredrik Eklund tapped to list $35M PH in Fort Lauderdale

Alan Hooper and 516 Northwest 1st Avenue (Credit: Google Maps)

FATVillage developer buys missing piece for mixed-use project

Bridge Development Partners partner Southeast Region Kevin Carroll and 3233-3303 Southwest 12th Avenue Fort Lauderdale

Bridge Development sells Fort Lauderdale warehouses for $28M

2300 Aqua Vista Boulevard (Credit: Realtor)

Crane mogul drops $12M on waterfront Fort Lauderdale mansion

400 Northeast Third Avenue, Morgan Group CEO (Credit: Google Maps)

TA Realty drops $112M on apartments in Flagler Village

Matthew Rieger and a rendering of Village View

HTG scores financing for Fort Lauderdale senior affordable housing