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

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
Nautical Ventures Marine CEO Roger Moore and Holman Automotive CEO Brian Bates with 1400 South Federal Highway (Google Maps)

Holman sells former Fort Lauderdale BMW dealership for $6M

Holman sells former Fort Lauderdale BMW dealership for $6M
David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty)

David Cassidy’s former Fort Lauderdale home sells

David Cassidy’s former Fort Lauderdale home sells
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)

South Florida’s pandemic-fueled residential market poised for bull run in 2021

South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)

Kate Ford’s Palm Beach estate sells for $55M

Kate Ford’s Palm Beach estate sells for $55M
ICM CEO Bruce Timm and HS Capital Fund CEO Harry Spitzer with 1901 West Cypress Creek Road, Fort Lauderdale (Google Maps)

HS Capital buys Fort Lauderdale office building for $18M

HS Capital buys Fort Lauderdale office building for $18M
Orianne Collins and 34 Isla Bahia Drive (Getty, Google Maps)

Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle

Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Robert Palmisano and 2623 Delmar Place (Wright Medical)

Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M

Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
The Gale Hotel with Harvey Hernandez

Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez

Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
arrow_forward_ios

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

Loading...