(To read more on the multifamily market, click here.)
FORT LAUDERDALE, FL-The Boca Raton-based Altman Cos. plans todevelop the Satori, an Asian-inspired, four-building condo complexon six acres at 1111 E. Sunrise Blvd. adjacent to 91-acre HolidayPark, which is public recreational land. Satori will contain 279residential units, an 8,000-sf clubhouse and 13,000 sf of retailspace.
Joel Altman, chairman and CEO, declined to disclose the all-incost or an estimated construction cost for the development hedescribes as "an urban village. The sell-out will be approximately$130 million," he says, and the sales office will open in fourweeks. Locally based Premier Sales Group is handling sales andmarketing under the direction of Laurie Ingber, Premier'sco-owner.
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