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LDC – Lantana Water Tower Commons – Florida - Project Profile

LDC – Lantana Water Tower Commons – Florida - Project Profile

Synopsis

"LDC – Lantana Water Tower Commons – Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "LDC – Lantana Water Tower Commons – Florida - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Lantana Development LLC (LDC), a partnership between Kenco Communities and Wexford Capital, is undertaking the construction of a mixed-use community in Palm Beach County, Florida, the US.

The project involves the redevelopment of a hospital property into a 31,883m2 mixed-use community to be built 14.7ha of land.

The project is to be implemented in in phases.

The first phase includes the construction of 26,084m2 retail and 420m2 fast food and restaurant, 1,115m2 sit down restaurants, 1,486m2 office space, 1,217m2 pharmacy, 3,047m2 fitness center and other related infrastructure.

The second phase includes the construction of 1,100 apartments and a park.

The project planning and demolition work commenced in November 2014, for which demotion concluded in July 2015.

Krent Wieland Design has been appointed as the architect and Urban Design Kilday Studios as the landscape designer for the project.

On September 10, 2015, Williams Company was appointed as general contractor for the project.

On December 14, 2015, LD secured planning approvals from the Town of Lantana.

Florida Community Bank awarded a US$20 million construction loan to the LDC.

December 2016, a groundbreaking ceremony held.

In March 2017, LDC scaled down the commercial retail space to 19,416m2 and submitted the revised planning application to the Town of Lantana.

Scope

The Water Tower Commons project involves the construction of mixed-use complex at the former A.G. Holley site on Lantana Road in Lantana, Palm Beach County, Florida, the US.

The US$400 million project includes the following:

1. Construction of 1,100 residential units

2. Construction of 26,084m2 retail space

3. Construction of 420m2 fast food and restaurant space

4. Construction of 1,115m2 sit down restaurants

5. Construction of 1,486m2 office space

6. Construction of 1,217m2 pharmacy

7. Construction of a 3,047m2 fitness center

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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