
Hillcrest By The Sea Redevelopment
Update
01/26/23
Developer Secures Oceanfront Land For Condo Redevelopment Project in Surfside, FL
Fort Partners has acquired the final piece of land underneath the two-story co-op building, Hillcrest By The Sea for $41.5 million. In August of last year, Fort secured a $169 million construction loan for the project thats lease was recently terminated from the previous co-op owners, Wexford and Aria Development. Fort also owns the neighboring Seaway Villas condo building, which it has already demolished.
Hillcrest By the Sea will feature an 11-story boutique condo building and will also include a 32-car underground parking lot.