The foundation pour for Sage Intracoastal Residences Fort Lauderdale was completed on May 18, 2026, in a single 10-hour continuous pour that placed approximately 1,400 cubic yards of concrete across 140 truck deliveries. The milestone marks the transition from below-grade preparation to vertical construction for the 28-story, 44-unit luxury tower at 900 Intracoastal Drive in Fort Lauderdale, developed by PMG and designed by FSMY Architects with BAMO interiors. The project — financed by a $115 million GoldenTree Asset Management construction loan — delivers two residences per floor in two-, three-, and four-bedroom configurations starting at 2,767 square feet, all overlooking the Intracoastal Waterway with Atlantic Ocean views partially preserved by the neighboring Bonnet House Museum & Gardens. Penthouse residences will feature private rooftop terraces with summer kitchens and plunge pools. Completion is targeted for late 2027.
Sage Intracoastal represents PMG's Fort Lauderdale expression of the ultra-boutique waterfront condo model — 44 units across 28 stories, delivering two homes per floor — that has proven its pricing power in Miami Beach and Surfside (where Fort Partners' Seaway North and South have generated multiple $30–86M closings in 2025–2026). At 2,767+ sq ft starting sizes with Intracoastal and Atlantic exposure in Fort Lauderdale, the project targets buyers who want boutique-scale exclusivity and dual-water views at price points that remain below Miami Beach's current floor of approximately $5,000–6,000 per square foot. The foundation pour milestone confirms that the project is actively advancing — a meaningful signal in a Fort Lauderdale luxury market where brokers have identified construction momentum as a primary buyer confidence driver relative to projects still in the pre-ground phase.
Quick Facts
What milestone was reached and when?
The foundation pour for Sage Intracoastal Residences Fort Lauderdale was completed on May 18, 2026 — a 10-hour operation running from 8 a.m. to 6 p.m., requiring 140 concrete trucks to deliver approximately 1,400 cubic yards of concrete. The milestone advances the project from below-grade preparation to vertical construction.
What is the project and where is it located?
Sage Intracoastal Residences Fort Lauderdale — a 28-story, 44-unit luxury condominium tower at 900 Intracoastal Drive in Fort Lauderdale, developed by PMG and designed by FSMY Architects with interiors by BAMO. The site encompasses approximately 200 linear feet of waterfront frontage on the Intracoastal Waterway, with Atlantic Ocean views partially protected by the adjacent Bonnet House Museum & Gardens.
What do the residences offer?
Two homes per floor across two-, three-, and four-bedroom layouts starting at 2,767 square feet. Features include 10-foot ceilings, floor-to-ceiling impact-resistant glazing, custom Italian finishes, smart home technology, and premium appliance packages. Penthouse residences include private rooftop terraces with summer kitchens and plunge pools.
What amenities are planned?
More than 19,000 square feet of indoor and outdoor amenities: waterfront pool deck, spa with sauna/steam/cold plunge, fitness and movement studios, yoga lawn, golf simulator, private lounge spaces, and hospitality-style resident services.
What is the financing status and completion timeline?
PMG secured a $115 million construction loan from GoldenTree Asset Management earlier in 2026. Completion is slated for late 2027. With the foundation pour complete, vertical construction is expected to become visibly active in the coming weeks