FECI – South Rosemary Avenue Residential Tower – Florida - Project Profile

FECI – South Rosemary Avenue Residential Tower – Florida - Project Profile

  • March 2018 •
  • 7 pages •
  • Report ID: 4917692
Synopsis
"FECI – South Rosemary Avenue Residential Tower – Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "FECI – South Rosemary Avenue Residential Tower – Florida - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Florida East Coast Industries, LLC (FECI) is undertaking the construction of a residential tower in West Palm Beach, Palm Beach County, Florida, the US.

The project involves the construction of a 26,477m2, 24-story residential tower. It includes the construction of 275 apartments, 1252m2 ground-floor retail space, 341m2 office space, a swimming pool, a fitness center, 800 parking spaces and related facilities.

On April 27, 2015, City of West Palm Beach (CoWPB) granted approval to FECI to acquire additional land for the project.

FECI will pay US$3.8 million to acquire two land parcels along with a supporting road with frontage on Clematis Street; in exchange, CoWPB will provide FECI US$3.8 million in development incentives and tax credits.

On June 2, 2015, FECI conducted an open-house session and unveiled the project plans.

In June 2015, HKS Architect was appointed as architect for the project.

Moss & Associates has been appointed as general contractor.

In November 2016, construction activities commenced.

Construction activities are underway.

Scope
The project involves the construction of a 26,477m2, 24-story residential tower in West Palm Beach, Florida, the US.

The US$50 million project includes the following:
1. Construction of 275 apartments
2. Construction of 1252m2 ground-floor retail space
3. Construction of a swimming pool
4. Construction of a fitness center
5. Construction of a 341m2 office space
6. Construction of 800 parking spaces
7. Construction of related facilities

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=UnitedStates Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000