LOCATION: Sunny Isle Beach, Florida
Located in Sunny Isles Beach, Florida, Jade Signature, upon completion in March 2018, will consist of a 58-story residential condominium tower totaling over 907,000 square feet, including a three-level parking garage.
The development, on more than 2.4 acres, features full frontage to the Atlantic Ocean on the east. Units will range from one-bedrooms to penthouses, and planned on-site amenities are vast, including rooms for poker, entertainment, lounging, kids and business to a restaurant, fitness center, juice bar, nail salon, pool, cabanas and sun deck.
Marx|Okubo is acting as the bank’s representative to review the status of construction and applications for payment. With one of the most complex foundation systems in the Southeast, challenges on this infill site have included extensive demolition, which included a yearlong foundation excavation.
This work required placing soldier pilings around the perimeter of the site; soil conditioning with a sand/cement mixture to allow for the placement of 1,500+ auger-cast pilings; and interior excavation for below-grade parking.