Foundation work was underway last week for the 154-unit Turnberry Ocean Club in Sunny Isles Beach.
The developer has closed on a $259 million construction loan from Bank of the Ozarks, according to a press release. Total sales have reached $300 million, with $100 million in 2017 alone.
Vertical construction is expected by the end of 2017, with delivery by the end of 2019.
Carlos Zapata Studios is the architect of the 649-foot tower.