Construction has officially begun on the residential component of Oasis Hallandale, a sprawling 10-acre mixed-use community located at 1000 East Hallandale Beach Boulevard in the City of Hallandale Beach. Spearheaded by developer Giuseppe Iadisernia, this project is set to redefine luxury living in this coveted coastal destination. The development will feature two iconic 25-story residential towers, offering a combined total of 500 condominiums. The west tower, the first of the twin structures, has already broken ground and is expected to welcome its first residents by 2025. The east tower is set to commence construction in 2024, aiming for a completion date in 2026.
Designed to create a retreat within the bustling city, Oasis Hallandale offers a comprehensive array of amenities that cater to diverse interests. Residents will have access to a golf simulator, a banquet hall, a children’s playroom, a well-equipped business center, an avant-garde fitness facility, and indoor and outdoor movie theaters for ultimate entertainment. Moreover, the development thoughtfully includes a splash pad, a ping pong room, a mini soccer field, a pet park, and electric car chargers to ensure a modern and convenient lifestyle for all residents.
Behind the scenes, Hallandale Beach-based MGM Construction Group is the general contractor, meticulously bringing the developer’s vision to life. The project’s financial backing is secured by a $22.5 million mortgage from the City National Bank of Florida in 2021 and a $1.14 million second mortgage from Five Investments Florida in March. MGM Construction Group shared an insightful glimpse into the site preparation process on Instagram in June, effectively setting the stage for the impending rise of these residential towers