The foundation of the Four Seasons is scheduled for completion by the end of the year. The hotel-and-condominium building is expected to open in the fourth quarter of 2020.
Fort Partners, led by Miami developer Nadim Ashi, is building the Fort Lauderdale property together with Toronto-based Four Seasons.
Ashi, who holds the Four Seasons franchise for the east coast of Florida, delayed the groundbreaking for a year while he focused on finishing construction of the Four Seasons Hotel and Private Residences at The Surf Club in Surfside.
The 22-story Four Seasons development at 505 North Fort Lauderdale Beach Boulevard will have 130 hotel rooms and 90 residential condominium units.
Pre-construction sales of condo units have totaled $100 million so far. The condos will range in size from 780 square feet to more than 6,000 square feet.
Miami architect Kobi Karp created a nautical design for the Four Seasons development in Fort Lauderdale, which will resemble a cruise ship. Photo is a rendering of Four Seasons Hotel and Private Residences Fort Lauderdale (Source: Aventura Real Estate Inc.). [Sun-Sentinel] – Mike Seemuth
For more details from The Real Deal Miami, visit https://therealdeal.com/miami/2018/05/05/construction-starts-on-four-seasons-in-fort-lauderdale/