$250M Aston Martin Condo Project Greenlit in Daytona Beach
Aston Martin is partnering with Valor Capital Real Estate Development to build an 18-story, 86-unit condo project at 3411 S. Atlantic Ave. It will be called Aston Martin Residences Daytona Beach Shores.
The Orlando Business Journal reports that the brand, most well known for its positioning in James Bond Films is working with Valor to build a project that will offer a wide range of luxury amenities, including pools, Jacuzzis, a full-service spa with treatment and massage rooms, cold plunges, a sauna and a fitness center with both indoor and outdoor training areas. Residents will also have access to a movie theater, golf simulator and a teen lounge featuring an Aston Martin race car simulator.
The development will also include a mixed-use component with dining and an artisan bakery planned for the ground level.
The condominium project is expected to be completed by 2029.
Other News
Development Site Trades within Atlantic Avenue Mixed-Use Plan
Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
Learn more
Fourth Sale Closes in Anaheim Multifamily Portfolio
Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
Learn more
JLL Arranges $135M Financing for Luxury Multifamily in Yonkers
JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout