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The five-story office building is LEED Silver certified, a recipient of BOMA Building of the Year and offers tenants an outstanding amenity package, including a fitness center with locker rooms, full-service cafeteria, conference center, atrium lobby, walking trail, outdoor patio and covered parking.
Work on the 10-story 171-key AC Hotel by Marriott Fort Lauderdale Beach that Key International acquired in 2016 as three adjoining parcels, began on Tuesday. The more than half-acre project site is located steps from the beach at 3029 Alhambra St.
Volume in major markets surged 24.8% year-over-year, led by increases of more than 40% in San Francisco last year and Reliant Group just purchased a seven-asset multifamily portfolio here for $116 million.
The overhaul of the lobby and introduction of amenity floor with food service, conference and social space will anchor a repositioning for Conshohocken's top transit-oriented office property.
Located at 1901 South Ocean Blvd., the project will be located on the land currently occupied by the Wright by the Sea Hotel. The hotel will be demolished at the end of April and construction will begin on Ocean Delray immediately thereafter.