Work has started on Fort Lauderdale’s tallest building, 100 Las Olas. The mixed use tower will span 499 feet over 46 stories, and will house 121 condominium units, a 238-room Hyatt Centric hotel along with 8,500 square feet of restaurants and retail on the ground floor. The scheme is slated for completion in the fall of 2019 with Kast Construction serving as the general contractor. The developer, Kolter Group, bought the site for $17.25 million in 2015.
“We are seeing great demand for condos at this coveted urban address,” said Bob Vail, president of Kolter Urban. “Downtown Fort Lauderdale has emerged into a strongly desired destination offering a full array of lifestyle, economic and cultural diversity, employment, fine dining, world-class shopping and incredible performing arts venues. There is no doubt that 100 Las Olas will redefine the city’s skyline as well as redefine urban living in Fort Lauderdale.”