X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FT. LAUDERDALE-In a city where water taxis are about as ubiquitous as Wolley cabs in Chicago, George Green of Towne Realty and Daniel J. Martincak, president of Birch 9 Inc., principals of LeClub International, have a 15-story, 66-unit luxury condo under construction at 2900 NE Ninth St. that is turning a few heads.

Next to the 33,000-sf construction site is a single-story model of the structure built on a floating barge at the Sunrise Boulevard bridge in the Intracoastal Waterway. The estimated hard construction cost of the condo project is $13 million.

Green and Martincak got the idea for the floating model while spotting the barge in Miami’s Biscayne Bay. “It hit George and I at the same time when we were looking at the barge from our boat,” Martincak tells GlobeSt.com. “We said to each other, why not tow it to Fort Lauderdale and create both model and sales center, neither of which would need to be moved during construction.”

Interior work by the Steven G. firm won the Gold Coast Builders Association Prism Award. The condos are from 2,625 sf to 4,260 sf, each with panoramic views of the Atlantic and Intracoastal. Prices range from $600,000 (229 per sf) to $1.1 million ($258 per sf). Only six residences are on each floor, starting on the fifth level. All have private elevator lobby entrances. Jeff Falkanger & Associates, Inc. of Fort Lauderdale designed the tower. The general contractor is K & M Development Inc.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.