Renderings revealed: Duos Hotel in Wynwood & more

Renderings also of Metropica’s residential towers, Tower 155, and Pearl Riverland

Duos Hotel, Wynwood

Architecture and interior design studio MKDA just released renderings of a new boutique condo-hotel project in Wynwood.

Alessandro Ferretti and Vitrium Capital are developing the 51-room condo-hotel building on a 7,250-square-foot lot at 335 Northwest 28th Street. The 37,000-square-foot project, called Duos Hotel, is expected to be completed in 2020.

The facade of the building aims to model the video game Tetris. The project will also feature 3,000 square feet of retail, which can be used for food and beverage retailers, according to a press release.

Metropica One, Sunrise

Metropica just released renderings of its first of eight residential buildings planned for the master-planned community in west Broward.

Metopica One is part of Joseph Kavana’s $1.5 billion project in Sunrise at 1800 Northwest 136th Avenue, on the northeast corner of Sunrise Boulevard and 136th Avenue, west of Sawgrass Mills.

Once complete, it will feature a hotel, 2,250 residences, 485,000 square feet of retail-store space and 650,000 square feet of office space. Metropica One is slated for completion in early 2019.

Tower 155, Boca Raton

Compson Associates just revealed a new rendering for its Tower 155 condo project underway in Boca Raton.

The project at 155 East Boca Raton Road will feature a mix of 128 one-, two- and three-bedroom condos, and three, two-story townhomes.

It’s about 85 percent sold with prices ranging $570,000 to $2.35 million, according to a press release. Tower 155 is expected to be completed in the summer of 2019.

Pearl Riverland, Fort Lauderdale

Developer Morgan Group is proposing to convert an 11-acre mobile home community in Fort Lauderdale into a new luxury apartment complex called Pearl Riverland.

The Houston-based company plans to build up to 276 luxury rental units in six, four-story buildings. The developer recently won a Fort Lauderdale City Commission vote to rezone the property to allow for higher density.

Sunset Colony Mobile Home Park has 110 manufactured homes and is located behind a Walmart Supercenter at the intersection of Southwest 27 Avenue and West Broward Boulevard.

https://therealdeal.com

Compson Associates emphasizes building the best products for clients by listening to their needs.

BY BIANCA HERRON

Founded in Rochester, N. Y., in 1946, Compson Associates began building single-family homes, eventually migrating down the Eastern Seaboard to Virginia and Florida developing residential, industrial, office and retail and condominiums of all natures. “Anthony Comparato, the patriarch of the family, founded Compson and was still working at the age of 94-years-old,” says Carl Klepper, vice president and fourth-generation member of the company. “We own, operate and manage shopping centers, storage areas, residential developments and apartments all over the country, but mostly on the eastern southern seaboard.”

Compson’s customers typically have higher incomes, according to Klepper, and are second and third home buyer’s. “They have different demands because this isn’t their first home. So they know what they want and understand that there are good builders and there are superior builders,” he says. “The challenge for us is to get them comfortable with who we are and getting them to talk to people we have previously worked with because our reputation in the market is everything.”

Due to that challenge, communication with clients is critically important for the family-owned business. “One of the things that we pride ourselves on, particularly in residential communities, is that we have a coordinator who works with the customer from start to finish and holds their hand all the way through,” Klepper says. “Our customers have a liaison at all times that they can talk to, whether it is in the middle of the night, via email or coming into the office during the day,” he continues. “So they have customer service and attention to detail at all times. It’s all about personalized attention, which is why we don’t do 50 jobs in a year. We do two or three because we like our staff to be focused.”

When Compson does take on projects, it likes to have an edge over the competition and build above market, according to Vice President Robert D’Angelo. “There are a lot of means and methods out there when it comes to building, but we like to build the strongest, high-quality product that you can get in the marketplace,” he explains. “For example, we like to adapt to the markets we build in, so in the Florida market we build with all concrete. We feel that with the hurricane exposure that if you can build to the highest standard, you must do so. We also like to build above market in regards to our finishes because in markets that get tight, we can offer a superior product at a reduced rate.”

TAPPING THE TRENDS

When it comes to identifying trends, Compson watches the market closely. “Technology is really a huge unspoken player in the market,” Klepper notes. “People need a lot of bandwidth because they have devices, games, and are trading stocks and downloading movies. So we keep coming up with innovative solutions on how to innovate. For example, we offer a centralized concierge system on an iPad, which allows customer’s to see what’s going on in the building at all times without having to communicate with anybody. It’s almost like an electronic newsletter. We also have cameras in our new projects that we make available to our residents so that they can monitor, let’s say, guests that have arrived and are in the lobby.”

In addition, Klepper says pedestrian-friendly locations also are important to its clients, so developing products in convenient and lively areas is key. “In New York City, Chicago and other urban locations, people take for granted that they can go everywhere and get anything at any time,” he explains. “In some of these new niche urban markets the walk score is important because people finally realize that they can go get a steak close by, go down two blocks and get their nails done afterwards, and then get a massage on the next block. So it’s important to them to have those amenities and conveniences. Ultimately, we’re constantly evolving to market demands, new trends and being innovative. That’s what I think keeps everything fresh.”

JUST BREAKING GROUND

Compson’s latest project, Tower 155, is a 12-story condominium in downtown Boca Raton, Fla. Tower 155 will feature an urban landscape rooftop, swimming pool, bar, gymnasium, fitness center and yoga studio. “Our new modernized product has ceilings up to two feet higher than our competition. When you walk into an apartment, 10- foot ceilings make a statement. This is a luxury product and we felt it needed to have a luxury feel. Even though it’s costly, in the long run we deliver a better product to market,” Klepper says. “It will also feature pedestrian-friendly access ways and bike paths.

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Keys To Boca

Compson Associates, one of South Florida’s top multifamily development companies, has received two Florida’s BEST Awards on their latest luxury downtown condominium, Tower 155