Marina Palms Yacht Club & Residences Chooses Coastal Construction to Build Second Tower

Builder Nearing Completion of First Tower at North Miami Beach Luxury Waterfront Condominium Project

Citing reliability, timeliness and strong working relationships during construction of the first tower at Marina Palms Yacht Club & Residences, the developer has named Coastal Construction as general contractor, this time for the second tower at the luxury waterfront condominium in North Miami Beach. The formal groundbreaking for the south tower is scheduled for mid-February.

“It was a natural fit to build the second tower with Coastal Construction. Construction of the north tower has been on schedule and together, we’ve learned a great deal about the nuances and subtleties of this project. We’ve established a great working relationship with the onsite team from Coastal Construction and their subcontractors and look forward to further strengthening it.”

Neil Fairman, President of The Plaza Group

In 2013, Coastal Construction was selected to build the first, or north tower at the luxury waterfront project being developed by affiliates of The Plaza Group and The DevStar Group. The north tower is scheduled to be completed in summer 2015.

“We are honored to have been selected to construct the second tower. We enjoy working with The Plaza Group and The DevStar Group on the first tower and look forward to completing their vision for Marina Palms.”

Tom Murphy Jr.,
Chairman and CEO of Coastal Construction Group

The development located at 172nd Street and Biscayne Boulevard just off the Intracoastal Waterway includes two, 25-story condominium towers with a combined 468 two-, three- and four-bedroom residences and penthouse units. It will offer amenity-rich living and unparalleled services with one million square feet of livable space along a waterfront promenade.

Residents will enjoy such luxury amenities as butler service, infinity-edge pool and hot tub, a state-of-the-art gym, a spa with treatment rooms, a sauna, a steam room and workout studios, a news café, club room with bar, billiard table and 100-inch-plus TV, children’s playroom and teen lounge. The development will have secure, gated-access with 24-7 valet service.

Yachting enthusiasts and those who yearn for the boating lifestyle will appreciate Marina Palms Yacht Club & Residences. The project is the first luxury high-rise residential development built with a full-service marina and yacht club in the past 20 years. The facility will feature 112 boat slips for yachts up to 90 feet and easy access to the Intracoastal Waterway and the Atlantic Ocean. The Yacht Club will offer residents an optional membership to join an exclusive boat club that provides access to hassle-free adventuring with unlimited usage of the club boats, ranging from 23 to 36 feet in length.

Prices for residences start in the low $800,000s.

Read more in The Real Deal Magazine: Miami

Learn more about the luxury waterfront residences at Marina Palms, or schedule your own personal tour by contacting the Marina Palms sales team at (866) 338-5643 or scheduling a tour online. SCHEDULE A TOUR

About Marina Palms:

Marina Palms, a project being developed by affiliates of The Plaza Group and The DevStar Group, is comprised of two towers, each 25 stories tall, with a total of 468 units. A full-service yacht club and marina will feature 112 boat slips for yachts up to 90 feet. Marina Palms is the first Miami luxury real estate development with full-service marina/yacht club to be built in Miami-Dade in the past 20 years.

Located at 172nd Street and Biscayne Boulevard in North Miami Beach, Marina Palms’ Miami yacht club & luxury waterfront residences will offer amenity-rich living, unparalleled services and a boating lifestyle designed for yachting enthusiasts. With one million sq. ft. of livable space fronting a waterfront promenade, the residential development will entice any buyer in search of luxury waterfront living.

Every two-, three- and four-bedroom luxury waterfront condominium and penthouse in the two-tower Miami waterfront development will offer luxury amenities such as butler service, infinity-edge pool and hot tub, a state-of-the-art gym, a spa with treatment rooms, a sauna, a steam room and workout studios, a news café, club room with bar, billiard table and 100″ plus TV, children’s playroom and teen lounge and secure, gated access with 24-7 valet service.