Fort Lauderdale's tallest tower breaks ground with condos starting at $800,000
Tuesday Mar 28th, 2017Share
Kolter Group held the ground breaking for 100 Las Olas, a mixed-use tower that would be the tallest building in Fort Lauderdale. The building will rise 499 feet in 46 stories. It will have 121 condos and 238 rooms in a Hyatt Centric hotel. Condo prices start in the $800,000s to over $2 million with sizes from 1,501 to 2,964 square feet.
The project at 100 E. Las Olas Blvd. will also have 8,500 square feet of restaurants and retail on the ground floor, plus separate pool decks for the condo residents and hotel guests.
“We are seeing great demand for condos at this coveted urban address,” said Bob Vail, president of Kolter Urban. "Downtown Fort Lauderdale has emerged into a strongly desired destination offering a full array of lifestyle, economic and cultural diversity, employment, fine dining, world-class shopping and incredible performing arts venues. There is no doubt that 100 Las Olas will redefine the city’s skyline as well as redefine urban living in Fort Lauderdale.”
Kast Construction is the general contractor. It should finish 100 Las Olas in fall 2019. SB Architects designed the project, with interiors by Simeone Deary Design Group and Bob Martin of Decorators Unlimited.
“The project is hot because it is perfectly located in the heart of the city’s resurging arts and entertainment district," said Peggy Fucci, CEO of OneWorld Properties, the project’s condo broker. “Buyers are attracted not only to the beautiful residences and amenities, but also to the fact they’ll be able to walk to Las Olas boutiques, restaurants, galleries, museum, events and New River docks."
The developer acquired the 38,325-square-foot site in 2015 for $17.25 million.