Pre-construction sales are under way but a ground-breaking date hasn't been set. Robertson is negotiating construction loan and mezzanine debt financing with lenders.
He is pricing the open-area lofts with no fixed interior walls at 320 NE Second St. from $170,000 to $350,000 for one to 2 ½ bedroom units containing about 8,000 cubic feet. Penthouses in the 15,083 cubic-foot range will start at $500,000.
"Downtown development is very hot in South Florida as well as nationally," Robertson says in a prepared statement. "There is a pentup demand for a unique product priced from the $170,000s."
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