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The Estate Companies Principal Jeff Ardizon and Managing Principal Robert Suris with a rendering of the project. (Estate)
The Estate Companies will start building a North Miami Beach apartment project, after scoring a $76 million construction loan.
The South Miami-based group is developing the 367-unit Soleste NoMi Beach on 1.8 waterfront acres at 16395 Biscayne Boulevard, according to a news release. Little Rock, Arkansas-based Bank OZK is the lender.
The 23-story building will include about 2,700 square feet of commercial space, according to the release. It will offer one-, two- and three-bedroom rentals, ranging from 700 square feet to 1,300 square feet. Units will feature quartz countertops, designer lighting, kitchens with custom cabinets, and walk-in closets. Amenities will include a pool with a sundeck, waterfront promenade, gym, spa, rooftop garden and co-working areas.