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Metropica Secures Construction Loan For First Tower

 

1316-1440x1032 Metropica, the most innovative residential and mixed-used property in South Florida, recently secured a $65 million construction loan for its first tower. The loan marks an important milestone in the process of bringing Metropica to life.

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Metropica broke ground in November 2015 with an estimated completion date in the third quarter of 2018. After successfully completing the underground for the first four out of eight residential towers, the loan will used to continue vertical construction of the first tower in the master-planned community in West Broward. 1305-1440x720 1317-1440x1023

The 4-million square foot city-within-a-city willhave more than 1,400 residential units, retail, dining and entertainment space, a wellness and fitness facility, a Central Park, public spaces, and recreational amenities; the perfect fusion of urban and natural where luxury, technology, and top-of-the-line amenities are combined to create a dynamic community where work, play, and relaxation can all be found in one place.

 

Read More inhttps://therealdeal.com/miami/2017/04/07/kavana-scores-65m-construction-loan-for-metropicas-first-tower/