Related Group and BH Group broke ground on Icon Beach Waterfront Residences, a 38-story, 350-unit tower on Hollywood's coastline between Miami and Fort Lauderdale. The groundbreaking follows a $360 million construction loan from Tyko Capital, with completion targeted for 2028.
Designed by Cohen Freedman Encinosa & Associates with interiors by Meyer Davis, the tower offers one- to three-bedroom residences ranging from 948 to 2,580 square feet, each with floor-to-ceiling glass and private terraces. The building's 40,000 square feet of amenity space includes a resort-style pool, a spa with cold plunge and steam room, a 3,000-square-foot health club, a private 32-slip marina, and a resident-exclusive beach club. Kitchens feature custom Italian cabinetry and Bosch and Thermador appliances, while primary suites include Kohler and Hansgrohe fixtures. The project arrives as Hollywood marks its centennial and absorbs fresh hospitality investment, including the Diplomat Beach Resort's reopening as Signia by Hilton.
Icon Beach's dual-water positioning between the Atlantic Ocean and the Intracoastal Waterway underscores institutional confidence in Hollywood as an emerging alternative to Miami's more established coastal markets. The tower is scheduled for completion in 2028.
Frequently Asked Questions (FAQs)
Where exactly is Icon Beach Waterfront Residences located?
The tower is located on Hollywood's coastline, ideally positioned between Miami and Fort Lauderdale.
What are the key amenities available to residents?
The property features 40,000 square feet of amenities, including a private 32-slip marina, a resident-only beach club, a 3,000-square-foot health club, and a resort-style pool.
When is the project slated for completion?
Icon Beach is scheduled for completion in 2028.
Who is leading the design and interiors for the tower?
The building is designed by Cohen Freedman Encinosa & Associates, with high-end interiors by Meyer Davis.
How much financing was secured to break ground?
The development team secured a $360 million construction loan from Tyko Capital to initiate the project.