Florida East Coast Realty secures loan for Panorama Tower in Miami – South Florida Business Journal

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florida east coast Realty, which is developing the Panorama Tower on Brickell Avenue, has secured a $340 construction loan for the project. to come from the eb-5 visa program, the South Florida.

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 · The 85-story mixed-use tower will also become the tallest residential building south of Manhattan in the U.S. Apartment rents at Panorama will start at about $2,420 a month, and to encourage residents to ditch their cars, developer Florida East Coast Realty will offer a $1,000 bonus for renters who do not require a parking space.

Check out this pet-friendly apartment at Panorama Tower located at 1100 Brickell Bay Dr, Miami, FL 33131 that includes 1 – 3 bed, 1 – 3 bath, and 1,125 – 2,191 Sq. Ft.

 · Not everyone at the Panorama Tower can appreciate stepping onto a balcony with a jaw-dropping overhang. There might be a renter or two who is “afraid to come out here,” said Jerome Hollo, the executive vice president of the developer, Miami-based Florida East Coast Realty Inc., as he stood on the balcony on a recent sunny day.

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East End will spend more than million renovating the 30-story tower. Florida East Coast Realty has signed a Hyatt Centric hotel to occupy 17 floors at Panorama Tower, a 61-story structure.

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