The tallest building in Fort Lauderdale is underway

By Catherine Sturman
The 100 Las Olas development, set to replace the first skyscraper built in Fort Lauderdale, is now under construction. Set to span over 40 floors and re...

The 100 Las Olas development, set to replace the first skyscraper built in Fort Lauderdale, is now under construction. Set to span over 40 floors and reaching heights of 499ft, the build will help alleviate the housing shortage in the area, with over 100 new condominium units, which will be energy efficient, alongside a new hotel, restaurants and 8,500sq feet of retail space, creating an entire new social hub.

Constructed of steel and glass, the new tower will become the tallest building in the region, according to the South Florida Business Journal, but the residential space will not come cheap. With prices up to over a million, it is far out of reach for many workers.

Designed by SB Architects and Simeone Deary Design Group, the build is underway by construction company Kast Construction. Developer Kolter Group is the financier for the project and owns the site, which was bought for $17.25 million. The build is expected to create a large number of permnant roles in the area once completed

Bob Vail, President of Kolter Urban said: “We are seeing great demand for condos at this coveted urban address. Downtown Fort Lauderdale has emerged into a strongly desired destination offering a full array of lifestyle, economic and cultural diversity, employment, fine dining, world-class shopping and incredible performing arts venues. There is no doubt that 100 Las Olas will redefine the city’s skyline as well as redefine urban living in Fort Lauderdale.”

Follow @ConstructionGL

Read the March 2017 issue of Construction Global here

Share
Share

Featured Articles

Open ECX is transforming construction with digital solutions

Open ECX offers innovative, cloud-based e-trading solutions for the construction sector and its associated supply chain

Bechtel and CWP Global spot Africa green hydrogen potential

Partnership involving CWP Global and Bechtel to provide planning solutions for integrated configurations involving green hydrogen facilities

'Better with Bellway' sustainability strategy launched

Bellway's new sustainability strategy coincides with half-year results in which the UK homebuilder's operating profit rose 11.6% to £332.2mn

Construction of utility scale solar farms to accelerate

Construction Projects

China's longest reconstructed bridge to open early April

Construction Projects

Construction firms must focus on water neutrality

EPC