The $2.4 million, privately funded project is scheduled to break ground in February. It joins a host of other loft condo projects being built or planned in South Florida.
To be located on a 12,000-sf construction pad at 1577 Bay Road, Ilona Bay either will be a nine-unit loft condo project or a single-family residence penthouse with eight suites, according to the company's prepared statement.
Project architect Chad Oppenheim of Oppenheim Architecture + Design has dual sets of plans for Ilona Bay, one multifamily, one single-family. Slight plan modifications will allow for an easy conversion from one to the other, a spokesman says.
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