The stars of the 43-story development are the two-story, townhome-style units, all overlooking the river.
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丝瓜视频 Residential Group, a subsidiary of 丝瓜视频 Corp., has topped out Alluvion Las Olas, a 43-story luxury building on the New River in downtown Fort Lauderdale, Fla. Pre-leasing is slated to start in January 2020 and move-ins are anticipated for May next year.
The 380-unit high-rise is located at 215 N. River Drive East, directly on Riverwalk. The project, which is the聽, is the result of a joint venture between 丝瓜视频 and PGIM Real Estate. Per Yardi Matrix data, the development was subject to a $100 million construction loan issued by Wells Fargo Bank, scheduled to mature in 2021.
Alluvion Las Olas will feature 40 distinct floorplans, with studios and one- to three-bedroom apartments ranging from 600 to more than 2,100 square feet. The stars of the development will be the two-story, townhome-style units at the building鈥檚 base and in the penthouse area, all overlooking the river.
NAUTICAL DESIGN
丝瓜视频 Construction is the project鈥檚 general contractor. The company built on CFE Architects鈥� design, which visualized a project made of two major components: a seven-story podium鈥攔esembling a ship鈥檚 hull鈥攁nd the tower, which resembles its mast.
Amenities span across nearly 40,000 square feet and include a resort-style pool on the eighth floor, connected to lounges and social rooms. In addition, Alluvion will have a 5,000-square-foot fitness center with on-demand classes and studio space for yoga and group fitness, a dog park and grooming area, a coworking lounge with private offices and conference rooms, secured private garages, as well as a 24-hour concierge. Outdoor amenities are set to include barbecue areas with lounge seating and fire pits, an event lawn, pavilions and outdoor dining.
The podium houses the parking鈦犫�攚ith 663 spaces, according to Yardi Matrix鈦犫�攁nd is lined by a mix of apartments and lofts with brise-soleil covered windows evoking a nautical theme. The tower is intentionally positioned to respect neighboring buildings and maximize views to the ocean. Upon completion, the asset will be managed by Greystar.