Alliance Residential to Open Signature Properties in Sunshine State
- Jan 10, 2017
Miami—In early 2017, the nation’s largest multifamily developer, Alliance Residential Co., announced its plans to open two of its signature luxury Broadstone properties in South Florida: Broadstone Harbor Beach, a waterfront community in Fort Lauderdale, Fla., and the 24-story Broadstone at Brickell in Miami’s financial district.
“This region of South Florida offers a unique blend of world-class beaches with a vibrant nightlife and significant business and industry, all within walking distance from Broadstone Harbor Beach and Broadstone at Brickell,” said Robert Hall, managing director of South Florida for Alliance Residential Company.
The 394-unit, eight-story Broadstone Harbor Beach is situated at 1721 SE 17th St. on a 6.2-acre site located in close proximity to Ft. Lauderdale’s numerous beaches, with major street exposure to 17th St. and State Route A1A. The community includes studios and one- and two-bedroom units, which are currently pre-leasing with prices ranging from $1,650 to $3,875. Interior amenities include lofty nine-foot ceilings, private balconies and/or patios and chef-quality kitchens. The property features a business center, clubhouse, spa and covered parking. Broadstone Harbor Beach also includes 2,700 square feet of retail space. According to Yardi Matrix, Wells Fargo Bank provided a $64.7 million construction loan for the developer in early 2015.
The LEED-proposed Broadstone at Brickell is located at 255 SW 11th St. in the heart of Brickell, within walking distance to Brickell Village and Brickell City Centre. The gated community features 372 units that range from studios to two-bed/two-and-a-half-bath residences, which are now available for pre-leasing. Interior amenities include expansive and well-equipped kitchens, spacious custom cabinets, tile flooring throughout common living spaces and private balconies or patios in select units. Additional amenities include a business center, clubhouse, a rooftop terrace and 520 parking spaces. A construction loan in the amount of $72 million was funded by JPMorgan Chase in February 2015, according to Yardi Matrix
At both properties, residents will also have access to a private movie theater, an expansive fitness center with a yoga studio and signature boxing ring, and a resort-style pool with an outdoor lounge and cabanas.
Photos via property websites