Caretta Update 03/07/24

Developer Acquires $160 Million Construction Loan for Juno Beach Development

 

 

Chicago-based developer JDL Developer has acquired a $160 million loan for a luxury condominium development in Juno Beach. Caretta will offer 95 luxury condominium. The five-story development will be constructed on a five-acre site at the intersection of 1011 U.S. Highway 1 and Donald Ross Road, approximately 400 yards from the beach. Community amenities will include a rooftop infinity pool & spa with magnificent, unobstructed ocean views, children’s splash pad, dedicated dog park & dog wash, bar and party room with catering kitchen, demo chef’s kitchen, golf simulator & lounge, and fitness center.

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