Nearing the end of the first quarter of the year, South Florida’s building boom shows no signs of slowing. This February, the beaches were a hotbed for luxury condo activity with Casamar and Alba Palm Beach launching sales, Ocean Delray announcing completion, and the Four Seasons Private Residences in Fort Lauderdale moving ahead with closings. Developer Related Group seemed to be exceptionally busy too with the sales of Casamar and trying to win approvals for its ambitious public-private condo project in Hollywood Beach.

Read below to find details on these projects and more in our monthly condo pre-construction market roundup for February 2022:

Fort Lauderdale Pre-Construction News - Closings Underway

Four Seasons Private Residences – Fort Lauderdale

Groundbreaking – April 2018 | Completion – Q1 2022

Closing at an unprecedented average price of $2000 per square foot in Fort Lauderdale, developer Fort Partners is moving full steam ahead to open its doors to residents. With only 7 developer units remaining of a total of 83 luxury residences, the waterfront condo-hotel project is quickly approaching sellout.

The 25-story Four Seasons Private Residences marks the first 5-star development to debut in Fort Lauderdale, the country’s yachting capital. Designed by the award-winning Miami-based Kobi Karp, the 25-story building carries a unique design so that each residence boasts of generous living space and opens to unparalleled water views of the Intracoastal and Atlantic Ocean.

With interiors designed by the award-winning, London-based Tara Bernerd, each of the private condo residences at this ultra-luxury development includes high-end touches. Additionally, residents can also opt to have their private terraces landscaped by Fernando Wong as a complimentary service.

Fully managed by Four Seasons, some of the distinctive amenities offered at this oceanfront condo-hotel include two pools with luxury cabanas, an expansive pool deck, a private beach club with beach butler service, yachting services, a signature Four Seasons spa, a pet concierge, and an on-call vet. Owners will further receive special courtesies at Fort Partners’ prestigious extended portfolio throughout South Florida and the Caribbean.

Prices for remaining units start at $4.6 million, with a choice of two- to four-bedroom residences.

Fort Lauderdale Pre-Construction News - Sales Launched

Casamar - Pompano Beach

Groundbreaking – Q1 2023 | Completion – Q1 2025

Shortly after the successful sellout of its Solemar condo tower, developer Related Group launched sales for the two-blocks-down Casamar this February. Replacing the 46-unit Beach Villa condos at 900 N Ocean Boulevard, Casamar will rise 21 stories with 119 luxury residences. The stunning oceanfront building is designed by the Miami-based Arquitectonica, with spacious units ranging from 1,360 to 3,270 square feet in size.

Rising against 283 linear feet of oceanfront, the luxury tower will feature residences with tasteful interiors by the award-winning Rockwell Group, which is also designing the St. Regis Residences in Brickell. All Casamar residences will feature flow-through floorplans, oversized terraces with glass railings maximizing views, chef-ready kitchens with Italian cabinetry and branded appliances, spa-inspired master baths, password-protected app access to the smart homes, and more.

Owners at the Casamar will be allowed to rent their units with a minimum stay requirement of 4 months. Standout amenities will include separate east and west pool decks with cabanas, ocean-view fitness center, outdoor BBQ areas, a dedicated lounge for gatherings, club room with a gaming table, VR-based golf simulator room, a pickleball court, pet wash station, green gathering spots designed by Arquitectonica GEO, and much more.

Prices start at $1.5 million, with a choice of two- to four-bedroom residences

The Terraces – Fort Lauderdale Beach

Groundbreaking – Spring-Summer 2022 | Completion – Estimated 2024

Bringing only 18 exquisite residences to the quiet North Beach Village, developer Latitude Group launched sales for this boutique project. Designed by architect Garcia Stromberg, the 11-story building will feature a harmonious balance of natural and urban design. All units at The Terraces will be corner units, affording residents luxurious space and expansive views at every turn.

With interiors handled by Marcela Lombano, each move-in ready residence will feature indoor-outdoor floor plans, modern European kitchen cabinetry, a Subzero and Bosch appliance package, large-format European porcelain tile floors, LED lighting throughout with dimmers, a Smart thermostat, a whole house 5-stage HEPA air cleaner with ultraviolet light and photocatalytic filter, plus much more.

Treated to 6,000 square feet of indoor and outdoor amenities, residents will have access to a relaxation pool deck with cabanas, a fully-equipped fitness center with Peloton bikes, a health center for yoga and meditation, wellness treatments, a club room with lounge, landscaping by GSLA Studio, a pet spa, private outdoor dog area, and more.

Prices start from $1 million+, with a choice of all-corner, two- to three-bedroom residences.

Alba Palm Beach – West Palm Beach

Groundbreaking – Q3 2022 | Completion – 2025

The Miami-based developer, BGI Cos. launched sales on its ultra-luxury, waterfront project in West Palm Beach this February. Replacing a former scuba training club, this new condo tower will be the first to bring a flurry of construction activity to Palm Beach in over a decade. Marking the developer’s first foray into residential development, Alba Palm Beach will be looking to attract the wealthy and employees from financial firms that recently moved to South Florida.

Designed by the West Palm Beach-based Spina O’Rourke + Partners, the 22-story waterfront tower will feature a sculptural yet organic silhouette. Offering only a limited number of residences per floor, the 55-unit boutique tower will afford unobstructed sunrise, sunset, and water views to its future residents. With a 6-floor amenity deck spanning 25,500 square feet, residents will get to enjoy two pools, a fitness center, multi-sport simulator rooms, a theater room, conference spaces, and more. They will also gain access to private docks.

Prices start at $2.5 million, with a choice of 1,745 square-foot to just over 4,500 square-foot residences.

Fort Lauderdale Pre-Construction News - Buildings Completed

Ocean Delray – Delray Beach

Groundbreaking – Nov. 2019 | Completion – Q1 2022

Developers U.S. Construction and National Realty Investment Advisors have completed construction on the first-ever ultra-luxury, oceanfront residential development in Delray Beach. With only 2 out of the 19 luxury residences left to be sold, the boutique condo project is looking forward to a quick sellout.

Sitting on 200 feet of water frontage, the Randall Stofft-designed project features 15 oceanfront condo residences and 4 villas (under-construction phase two). Each sprawling residence features interiors by Stofft-Ikasu, inclusive of high-end touches like Wolf Sub-Zero and Cove appliances, Kohler, Hansgrohe and Franke fixtures, custom SieMatic kitchens with built-in wine bars, outdoor gas fireplaces with Wolf gas-range grill, plus Crestron smart home AV packages and Crestron solar shades. All residences further come with a two- to three-car air-conditioned garage with electric car charging stations and room for golf carts.

Highlight amenities at Ocean Delray include direct beach access, an ultra-luxe beach experience managed by the Boucher Brothers, an expansive sundeck with 54-foot swimming pool, a fully-equipped fitness center with Peloton bikes, a relaxing pool lounge suite, semi-private elevators and lobbies, and 5-star services by the Les Clefs d’Or Concierge.

Remaining units priced at $6.2 million and $5.8 million, each with 4 bedrooms, 4 full bathrooms, and 1 half bathroom.

Fort Lauderdale Pre-Construction News - Other Updates

The Ritz-Carlton Residences – Pompano Beach

Groundbreaking – Q4 2022 | Completion – 2025

After launching sales last December, developers Ricardo Dunin (Oak Capital) and Edgardo Defortuna (Fortune International Group) revealed more design details with new renderings of this world-class property. Bringing Pompano Beach its most expensive luxury address yet, the 4.5-acre site will be home to two residential condo towers, minus any kind of hotel component.

Designed by Revuelta Architecture International and starchitect Piero Lissoni, the two Ritz-Carlton towers will stand separated by South Ocean Boulevard – one facing the ocean and the other the Intracoastal waters with private marina. The 14-story Marina Tower will be home to 88 luxury residences, ranging from 917 to 3,947 square feet in size, featuring one- to four-bedroom options. The 32-story Beach Tower will be home to 117 ultra-luxury residences, ranging from 1,309 to 6,824 square feet in size, featuring one- to five-bedroom options. Residents of both towers will be treated to exquisite water views.

Rising against 250 linear feet of water frontage, the highly-amenitized condo project will feature interiors and curations by master of contemporary design, Piero Lissoni. With over 35,000 square feet of resort-style amenities, residents will enjoy access to a marina yacht club, oceanfront beach club, tropical pool decks, multiple sports courts, indoor-outdoor social areas, an on-site restaurant, and much more.

Prices start at $1 million for marina-front residences and at $3.5 million for oceanfront residences.

City-owned Beachfront Condo Project – Hollywood Beach

Groundbreaking – NA | Completion – NA

Still trying to win approval for its 30-story beachfront condo in Hollywood Arts, developer Related Group was sent back to the drawing board this February. Looking to build a luxury condo on city-owned land with a promise to fund and improve public amenities, the developer’s proposal was rejected by the Hollywood City Commission citing concerns like the height of the tower blocking views, the building casting a shadow on the beach by late afternoon, increased traffic, loss of open space, negative environmental impact, and more.

Winning public bidding to build on the 4-acre site at 1301 South Ocean Drive, Related wants to build a 30-story, 190-unit luxury condo tower with 475,000 square feet of residential space. The condo building would not allow short-term rentals, as it would have a minimum-stay restriction of 4 months with renting up to twice a year only. Designed by Arquitectonica, prices at the luxury tower are expected to range from $625,800 for a one-bedroom to $1.29 million for three bedrooms.

In return of getting approved, Related would fund all the improvements to the city-owned site. Upgrades at the beachfront site would include building a brand-new culture and community center, improving the Harry Berry Park, building a boardwalk extension, building new restaurants, and public parking.

Ready to invest or move into a brand-new luxury condo in or around Fort Lauderdale? Call, chat, or email us to have a local, pre-construction condo expert guide you to your desired property.

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