Alba Palm Beach has begun vertical construction after completing a 10+ hour concrete pour on July 27, with an additional 4 hours of concrete poured the following day. Of new luxury condo projects sprouting up across West Palm Beach, which includes more than 6,600 residential units, Alba Palm Beach is now currently the furthest along in construction.
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Alba Palm Beach Closes On $95 Millon Construction Loan
Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.
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Luxury Waterfront Boutique Condo Alba Palm Beach Breaks Ground In West Palm Beach
BGI Companies and Blue Road Group have broken ground on Alba Palm Beach, a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools. Alba Palm Beach has an expected completion in 2025 and is located at 4714 N. Flagler Drive in West Palm Beach.
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