The project is planned for 500 units with the development of twonine-story buildings and two six-story buildings. AltmanDevelopment Corp. is the developer for the owner. The contractorfor the buildings is Suffolk Construction Co. of West Palm Beach.The construction contract is for $40.85 million or $81,700 perunit. The project is being partially funded with a $35-million loanfrom Bank of America. Sunny Isles is located north of North MiamiBeach, about 20 miles from downtown Miami.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.