Related Group will begin construction next month on the 45-story Icon Las Olas, but it will be built as a rental project instead of a condominium.
The 272-unit project could eventually be switched over to condos, depending on market demand.
According to the Sun Sentinel, construction will begin in December or January at 500 E. Las Olas Blvd. Completion is expected in late 2016 or early 2017.
Related originally submitted plans for the project in 1999. The paper quotes a so-called ‘Condo Vulture’ who says that Dade is now ‘starting to get tapped out’ and that the ‘game is on’ in Fort Lauderdale.
Sieger Suarez is the architect. Moss & Associates is the contractor.