42 Pine, the boutique residential building at the nexus of Pine Tree Drive and 42nd Street, has topped off, marking a milestone along its timeline for completion, which is estimated for Q1/2024. The project secured $35.5 million in financing from BridgeCity Capital to begin building last year.
“The pace of construction is impressive, and we are proud to be involved in a project that brings a new level of luxury to the area,” said Allan Lebovits, CEO at BridgeCity Capital. “This is a unique opportunity in a highly coveted pocket of Miami Beach, and the sales velocity to date is a testament to the strong demand for new luxury residences.”
The eight-story full-service boutique condominium offers 50 turnkey residences ranging from one to four bedrooms, including eight penthouses. Spanning 700 to 2,700 square feet, Â each appointed residence is delivered ready to be occupied, with Arquitectonica-designed interiors intended to maximize space and build a connection to