Related Group has closed on financing and broken ground on Icon Marina Village, located on the Intracoastal Waterway in West Palm Beach. The developer obtained a $95 million loan from Santander Bank and has begun construction overseen by Balfour Beatty. Related Group is targeting launching leasing in October 2022 with resident move-in beginning late-2022.

Located at 4444 and 4334 North Flagler Drive, Icon Marina Village will feature two luxury rental towers with 399 residences and a suite of amenities including a resort style pool, beach club, fitness center, courtyard, movie room and business center. The towers were designed by Arquitectonica and will rise 24-stories with interiors by Venus Williams’ V Starr Interior Design. Icon Marina Village is located on a 5.11-acre site but Related Group can build an additional 650 units on the 19-acre property.