Coastal Construction Group to Build 25-Story South Tower for Condo Project
- Jan 28, 2015
By Balazs Szekely, Associate Editor
Coastal Construction Group will be in charge of construction at the second tower of the Marina Palms Yacht Club & Residences condo project. The same company was assigned to build the first tower in 2013, according to the developers.
The two towers of the luxury waterfront project – developed by affiliates of The Plaza Group and The DevStar Group – will have 25 floors each, with a total of 468 two-, three- and four-bedroom residences and penthouse units. The formal groundbreaking for the south tower is scheduled for mid-February, and the north tower, which is currently under construction, is slated for completion this summer.
Marina Palms Yacht Club & Residences is the first luxury high-rise and full-service marina/yacht club development in Miami-Dade County in the past 20 years. The 14-acre waterfront site is located in North Miami Beach at 172nd Street and Biscayne Boulevard, just off the Intracoastal Waterway.
Coastal Construction Group operates in 11 markets with experience in commercial, hospitality, single and multi-family residential, educational, government-related facilities and disaster recovery projects. Currently involved in 27 projects in South Florida, the company has worked on more than 50 hotels and resorts in Florida so far.
The project’s marina and yacht club will offer 112 slips with mooring for yachts in excess of 90 feet. Further amenities include butler service, infinity-edge pool and hot tub, fitness center, a spa with treatment rooms, a sauna, a steam room and workout studios, a news café, club room with bar, billiard table and 100-inch-plus TV, children’s playroom and teen lounge. The development will have secure, gated-access with 24-7 valet service. Prices for residences start in the low $800,000s.
Image source: marinapalms.com