CMC Group and Fort Partners have achieved a major milestone in Coconut Grove, with vertical construction officially underway for the Four Seasons Private Residences. The 20-story waterfront project, the brand’s first standalone residential tower in Florida, remains on track for a 2028 completion, following a successful $323.8 million financing round.### Key project highlights: * The 20-story tower is set to become a signature waterfront addition to the Coconut Grove skyline. * Construction is proceeding on schedule, moving past foundation work to rise above Biscayne Bay. * The project features 70 luxury units ranging from roughly 2,000 to 4,000 square feet, plus four expansive penthouses. * Residents will have access to a proprietary collection of resort-style amenities and signature Four Seasons services.### Project milestones and financing,Following a successful financing effort earlier this year, which secured $323.8 million from a national lender, the developers have moved quickly to transition from groundwork to vertical assembly. The project has garnered significant attention from the institutional and private investment communities, underscoring the demand for high-end, branded residential offerings in the South Florida market. Founders Ugo Colombo and Nadim Ashi have emphasized that this progress reflects their continued commitment to delivering a landmark development on schedule.### Architectural design and residential features,The striking 20-story glass tower is designed by architect Luis Revuelta, featuring a curved silhouette specifically engineered to capture expansive, unobstructed views of Biscayne Bay. Inside, the units are curated by acclaimed designer Michele Bönan, utilizing open floor plans and soaring ceiling heights of up to 11 feet to maximize natural light. Every residence benefits from direct, private elevator access, ensuring a high level of exclusivity and convenience for homeowners.### Exclusive amenities and lifestyle services,While the project does not feature an attached hotel, the development offers a fully integrated Four Seasons hospitality experience. Residents gain access to an extensive 10,000-square-foot wellness area, including a sauna circuit inspired by ancient Roman bath chambers, a cold plunge, a hydromassage pool, and an ice fountain. The lifestyle experience is further elevated by a dedicated Director of Residences, a lifestyle manager, and a full suite of services ranging from valet and housekeeping to in-residence dining and personalized wellness programming.
