US Gateway Investments LLC has secured $15 million in funding for a four-building luxury apartment complex in Pompano Beach, Florida.
It comes via a construction loan, courtesy of Centennial Bank, according to a report by the South Florida Business Journal. The work on the project, known as Gateway Luxury Apartments, began last December, and the funding should help complete it, according to the outlet.
The four-building complex would span 139,545 square feet, with 128 apartments. Most of the options will be available in one and two-bedroom units, which come out to 60 and 62 respectively. There will only be six three-bedroom apartments. Some amenities include 155 parking spots and a playground. Gateway Luxury Apartments, located at 950 North Powerline will not feature a clubhouse or a pool.
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