Related Group JV Breaks Ground on South Florida Condo Towers
The announcement follows the developers’ closing of a $360 million construction loan.
Icon Beach will feature two oceanfront towers in Hollywood, Fla. Rendering by ARX Creative, courtesy of Related Group
Related Group and BH Group have started construction on Icon Beach Waterfront Residences, a 350-unit condominium project in Hollywood, Fla.
The groundbreaking follows Tyko Capital’s $360 million construction loan origination for the project, which closed in April. Completion is scheduled for 2028.
Cohen Freedman Encinosa & Associates is the architect of record. Meyer Davis is serving as interior designer while Witkin Hults + Partners is the landscape architect. Sales at the property launched in 2024, with condo prices starting from $825,000.