Related Group Breaks Ground On The Arquitectonica-Designed Solemar In Pompano Beach At 80% Sold

The Related Group, one of the premier real estate developers in South Florida, has broken ground on Solemar, a luxury beachside condominium in Pompano Beach. The project is now 80% sold after launching sales in September 2020.

The 105-residence building is the first-of-its-kind for the city of Pompano Beach, as it is currently the only on-the-sand luxury offering in this dynamic coastal enclave. Entry level units at Solemar are priced from $1.3 million, equating to approximately $800/psf.

The 20-story Solemar features an undulating façade designed by Arquitectonica to mirror the ocean’s rippling waves. Interiors by Meyer Davis embody relaxed sophistication, with an aesthetic that highlights soft muted tones and natural materials.

Residences at Solemar range in size from 2,000 to 2,600 square feet, as well as a limited collection of three penthouses of 4,600 square feet each. Each home is appointed luxury finishes such as kitchens with Italian cabinetry and Sub-Zero and Wolf appliances, private elevators, sprawling master bathrooms with soaking tubs, the latest smarthome technologies and more. Every unit features breathtaking views of the Atlantic Ocean and Intracoastal Waterway.

Each home at Solemar comes wired with DARWIN, a Home Wellness Intelligence Network developed by wellness real estate and technology company, Delos. Sourced and installed by automation company, HEDsouth, the technology seeks to turn your home into a catalyst for enhanced health and performance. Using proprietary software including algorithms and sensor technologies, DARWIN is designed to help enhance energy, sleep and overall well-being, and reduce indoor contaminants that negatively affect respiratory, cardiovascular, immune and cognitive health by monitoring and calibrating air, water and light quality.

Solemar offers world class amenities including a state-of-the-art fitness center overlooking the tropical poolside sanctuary, spa treatment rooms offering on-demand spa services, a theater room, wine salon and club room. Outdoors, amenity options include hammock lounges, firepits, barbeque grills, a poolside café and sunrise/sunset terrace, all set within 250 linear feet of pristine beachfront.

Additionally, residents will be among the first to gain access to the Related Living app, developed exclusively for owners and residents of Related Group developments. Related Living will allow for on-demand and completely contactless communication to utilize Solemar’s extensive resort-style services and amenities. Residents will be able to request their car from valet; chat with concierge; manage deliveries; reserve amenity rooms, beach chairs and BBQ areas; book spa appointments; connect with other residents and more.

For more information about purchasing a residence in Solemar, private showings or purchasing/ leasing information please fill out the form below:

Fortune International Group Acquires Development Site On Pompano Beach Waterfront For $27.5 Million

Fortune International Group, led by Edgardo Defortuna, has acquired 4.61 acres of waterfront land in Pompano Beach, Fla., with plans to construct a pair of high-end condominiums on the site. The property is a combination of two adjacent parcels at 1380 South Ocean Blvd., a rarity for the area featuring 500 total feet of waterfrontage and coveted direct access to the beach as well as Biscayne Bay via the Intracoastal Waterway. Fortune International Group purchased the site from Lionheart Capital for $27.5 million. 

“The sheer fact that there are so few waterfront sites of this magnitude available anywhere along the South Florida coastline -- from South Beach to Palm Beach -- makes this an extremely appealing opportunity for homebuyers,” continued Defortuna.  “Furthermore, residents are going to have the best of both worlds: the ability to put their boat in the water, or enjoy a day on the beach.”

Plans for the project are expected to be unveiled in the first half of 2021.  A 30-story tower is approved for the site on the ocean and a 12-story building on the Intracoastal. The complex will be comprised of 239 residences and the property will feature a private marina and shared beachfront amenities.   

“On the heels of our success at Auberge, which is located just a few minutes south of this site, we plan on bringing a world-class project to Pompano Beach -- one that will offer a very unique lifestyle for the benefit of local residents as well as those who are relocating to South Florida, such as Northeast and Canadian buyers,” said Edgardo Defortuna, President and CEO of Fortune International Group. 

Related Group Launches Sales At The Arquitectonica-Designed Solemar In Pompano Beach

The Related Group, one of the premier real estate developers in South Florida, has launched sales of Solemar, a luxury beachside condominium in Pompano Beach. The 105-residence building is the first-of-its-kind for the city of Pompano Beach, as it is currently the only on-the-sand luxury offering in this dynamic coastal enclave. Entry level units at Solemar are priced from $1.3 million, equating to approximately $800/psf. Groundbreaking is expected during the first half of 2021.

Solemar’s sales gallery is now open, set to give prospective buyers an in-depth preview of the magnificent property, which includes designs by the internationally recognized architecture firm of Arquitectonica and the celebrated NYC-based interior design firm Meyer Davis.

“Having experienced and contributed to the revitalization of countless South Florida neighborhoods, we are truly excited to see Pompano Beach as being in the earliest—and often most exciting—stages of a renaissance,” said Nicholas Pérez, Vice President at The Related Group. “We are thrilled to be offering this level of luxury, directly on the sand, to buyers who are looking for an accessible price point for an elevated lifestyle. While we’re launching Solemar within a completely different environment than expected, we are so pleased to see the pent-up desire and demand that’s evident from both the local South Florida market and the Northeast. That demand, coupled with a best-in-class approach to incorporating wellness and safety features throughout all public areas and within private residences, makes this gorgeous oceanfront property one that is not only unique, but cutting-edge as well.” 

“Related is no stranger to elevating the value of a neighborhood or community it enters, and Pompano Beach will be no different,” Pérez added.

The 20-story Solemar features an undulating façade designed by Arquitectonica to mirror the ocean’s rippling waves. Interiors by Meyer Davis embody relaxed sophistication, with an aesthetic that highlights soft muted tones and natural materials. No matter what the time of day, gorgeous views from the pools overlooking both the Atlantic Ocean and the Intracoastal Waterway await. 

Solemar offers residents a high-end, wellness-forward amenity package that lends to the overall elevated beach lifestyle of the property. Residents will enjoy a state-of-the-art fitness center overlooking the tropical poolside sanctuary, spa treatment rooms offering on-demand spa services, a theater room, wine salon and club room. Outdoors, amenity options include hammock lounges, firepits, barbeque grills, a poolside café and sunrise/sunset terrace, all set within 250 linear feet of pristine beachfront.

“We’re quite proud of both the indoor and outdoor amenities that are all part of the Solemar experience,” Pérez explained. “No matter how you look at it, this is a luxury property like no other in the area. And when it comes to our residents, we will be focused on catering to their every need, with premier level offerings such as personalized concierge services and exclusive home wellness packages.” 

Beyond these public areas, the open air, ocean breezes and vast lush landscape become part of every private residence as well, with open layouts designed to maximize views everywhere you look. Breathtaking vistas of the Atlantic Ocean and the Intracoastal Waterway are visible from nearly every room, and from each residence’s oversized terrace with continuous glass railings. Private elevators deliver homeowners directly to their residences and include floor plans spanning 2,000 to 2,600 square feet, as well as a limited collection of three penthouses of 4,600 square feet each. Each home is appointed luxury finishes such as kitchens with Italian cabinetry and Sub-Zero and Wolf appliances, sprawling master bathrooms with soaking tubs, the latest smarthome technologies and more.

In line with the building’s ethos to promote residents’ overall well-being, each home comes wired with DARWIN, a Home Wellness Intelligence Network developed by wellness real estate and technology company, Delos. Sourced and installed by automation company, HEDsouth, the technology seeks to turn your home into a catalyst for enhanced health and performance. Using proprietary software including algorithms and sensor technologies, DARWIN is designed to help enhance energy, sleep and overall well-being, and reduce indoor contaminants that negatively affect respiratory, cardiovascular, immune and cognitive health by monitoring and calibrating air, water and light quality. 

Additionally, residents will be among the first to gain access to the Related Living app, developed exclusively for owners and residents of Related Group developments. Related Living will allow for on-demand and completely contactless communication to utilize Solemar’s extensive resort-style services and amenities. Residents will be able to request their car from valet; chat with concierge; manage deliveries; reserve amenity rooms, beach chairs and BBQ areas; book spa appointments; connect with other residents and more.

Avison Young Completes 133,140 SF Of Industrial Leases In Broward County

Avison Young has announced it negotiated five industrial lease transactions totaling 133,140 SF in Broward County, Florida. The transactions were overseen by Avison Young Principals Tom Viscount and Wayne Schuchts. Sonny’s Enterprises, an international manufacturer and marketer of conveyorized carwash equipment, signed a 41,520 SF long-term lease expansion to fully occupy Westpoint Distribution Center at 5607 Hiatus Road in Tamarac. Colliers’ Ryan Goggins represented the landlord, Nuveen. Sonny’s Enterprises also signed a new 37,500 SF long-term lease at Tamarac Commerce Center at 6501 Nob Hill Road in Tamarac. Link Industrial Properties’ Eric Penaranda represented the landlord, GLP.

Stimwave, an online distributor and supplier of generic and brand name medicine, signed a new 26,000-square-foot lease at Park Central Business Park at 1310 Park Central Blvd. S in Pompano Beach. Duke Realty’s David Loudenslager represented the landlord. Lightfire Group, an e-cigarette and vapor distribution company, signed a 16,120 SF lease renewal at Westpoint Industrial Center II at 10601 State St. in Tamarac. Nothing Butt Cigarettes, a tobacco wholesaler and distributor, signed a 12,000 SF lease renewal at Westpoint Industrial Center II.

“West Broward and Pompano Beach continue to attract and retain industrial space users that value convenient access to locations throughout South Florida’s tri-county area via major thoroughfares,” said Tom Viscount of Avison Young. “Our clients had a differing range of space requirements in these tightening, in-demand submarkets, and it was a pleasure working with the landlords and their representation to meet those needs.”

The transactions reflect the continued robust demand for industrial space in Broward County. According to Avison Young’s year-end 2019 Broward County industrial report, West Broward, where Tamarac is located, posted the lowest vacancy rate in the county at 2.1%. Nearly 2.7 million SF of new industrial space was completed in the county, of which 1.1 million SF alone was delivered in Pompano Beach. The submarket still saw 456,773 SF of net absorption, indicating robust demand.

Aspire Real Estate Development To Break Ground On Arya Oceanside Residences In March in Pompano Beach

Aspire Real Estate Development expects to break ground on Arya Oceanside Residences in Pompano Beach in March. The boutique residential condo project was designed by IDEA Architecture + Engineering with interiors by Steven G. and will feature 19, 2-bedroom + Den units. Units will range from 1,450 SF to 1,657 SF and will feature contemporary kitchens, quartz countertops, smart home packages, and wraparound balconies. Pricing will start at under $650,000. Arya Oceanside Residences will be located at 336 Sunset Drive and the sales center is expected to open in December (2017). The Keyes Company is the exclusive sales and marketing broker for the project.