Kolter Urban Celebrates 5000 North Ocean Topping Off
Kolter Urban is pleased to announce the topping off of construction at 5000 North Ocean on Singer Island. $65+ Million in Confirmed Contracts - Slated for Completion Fall 2019.
PALM BEACH, Fla., Sept. 7, 2018 /PRNewswire-PRWeb/ -- Kolter Urban is pleased to announce the topping off of construction at 5000 North Ocean on Singer Island. The 19-story, luxury condominium is located on 341 feet of direct oceanfront - spanning from the Atlantic to the Intracoastal Waterway. The contemporary designed tower offers four unique floor plans, ranging in size from 2,706 to 4,897 square feet of living area - including four two-story "SeaGlass" residences. The project has captured demand in the market with $65 million in pre-construction sales to date. KAST Construction has been named the General Contractor for the project and has delivered the top out ahead of schedule and anticipates completion in fall 2019.
"Residents of north Singer Island pride themselves on the privacy and exclusivity of the island," said Bob Vail president of Kolter Urban LLC. "We kept that in mind when designing 5000 North Ocean. It's a boutique development with only 48 residences, spanning a 4.5 acre development site. This allowed for a more open design, including nearly an acre dedicated to a private beach oasis amenity."
All residences are delivered with move-in ready finishes and fixtures. For a limited time, homeowners have a choice of designer-coordinated interior finishes at the Kolter Design Gallery. This iconic tower designed by Randall Stofft Architects and BC Architects showcases tropical modern design, which is showcased upon arrival at the private gated entrance. Bob Martin of The Decorators Unlimited, renowned Palm Beach designer, has been involved since the onset of the project with a primary focus on interior space planning, luxury finishes and upscale common areas, including a Resident Club Room, Fitness Center and poolside entertainment area.
With the robust sales activity, some floorplans in the building are nearing sellout. Priced from $2 million, prime residences remain available including popular Seabreeze residence. This flow-through floorplan provides sunrise and sunset views from east and west terraces. For more information about 5000 North Ocean, please visit https://www.5000NOcean.com/.
About The Kolter Group
The Kolter Group is a diversified real estate development and investment firm that has invested in projects with projected investments valued at over $12 billion. Headquartered in Palm Beach County, Florida and with a southeast operational footprint, Kolter is developing properties in over 40 locations throughout the southeastern United States. For more information, visit http://www.TheKolterGroup.com.
About KAST Construction Company
Kast Construction Company headquartered in West Palm Beach, Florida has been named the General Contractor for the 5000 North Ocean project. For more information, please visit http://www.KASTBuild.com
Media Contact:
Melissa Sweredoski
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SOURCE Kolter Urban
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