Fort Lauderdale’s skyline is set to evolve once again as Property Markets Group (PMG) and Greybrook embark on the second phase of the remarkable Society Las Olas development. This ambitious project, spanning 42 stories and located at 140 S.W. Second St., has garnered attention not only for its striking design but also for securing a substantial $226 million construction loan.
Image Credit: Property Markets Group
The collaboration between PMG and Greybrook promises to reshape the urban landscape, offering a modern living experience that combines luxury apartments with shared amenities, catering to the evolving demands of city dwellers.
Construction Commences with Impressive Funding:
In a significant stride towards reshaping the urban landscape, PMG and Greybrook have successfully secured a $226 million construction loan for the second phase of Society Las Olas. The project has attracted funding from Related Fund Management and Lubert-Adler, propelling the ambitious endeavor forward. This 42-story tower is set to become a focal point of Fort Lauderdale’s skyline, redefining modern urban living.
Design and Amenities for the Modern Urbanite:
The Society Las Olas II project boasts a blend of sophistication and convenience, promising a high-end living experience. FSMY Architects + Planners have lent their creative touch to the design, ensuring a structure that not only complements the city’s skyline but also provides a dynamic living space for its occupants. The tower will house 563 thoughtfully designed apartments, catering to a variety of preferences.
One notable feature is the incorporation of co-living apartments, allowing tenants to rent individual bedrooms while sharing communal living spaces. This innovative approach fosters a sense of community while providing the privacy of personal living spaces. The tower will also offer an array of amenities, including a coworking space for remote professionals, a tranquil yoga lawn, a refreshing pool deck, and a state-of-the-art fitness center. The integration of technology is also a highlight, with tenants gaining access to an app for keyless entry and to easily access the building’s amenities.
Completion and Impact:
With groundwork already underway, Society Las Olas II is projected to reach completion in the first quarter of 2026. The completion of this iconic structure will add not only to Fort Lauderdale’s skyline but also to its cultural and residential offerings. PMG’s prior success with the first phase of Society Las Olas, completed in 2020, has set the stage for the second tower to be a landmark in the city.
Finally, The partnership between PMG and Greybrook is a testament to the dynamic evolution of urban living spaces. The Society Las Olas II project, with its innovative design, community-focused approach, and luxurious amenities, stands as a testament to the developer’s commitment to creating living spaces that resonate with the modern urbanite. As the project progresses toward completion, Fort Lauderdale’s skyline will transform once again, offering a new standard of urban living for its residents.