CMC Group and Fort Partners Secure $324 Million for Four Seasons Coconut Grove Tower

CMC Group and Fort Partners land $323.8M from Bank OZK for the 20-story Four Seasons Private Residences in Coconut Grove, featuring 70 ultra-luxury waterfront units.

By: AXL Media

Published: Mar 14, 2026, 10:43 AM EDT

Source: https://www.multihousingnews.com/

Financing and Development Timeline

The $323.8 million loan serves as the primary capital engine for the 70 unit project located at 2699 Bay South Bayshore Drive. Construction officially commenced in October 2025, and the development team expects to welcome residents by mid 2028. This deal continues a trend of high value lending in the Miami metro, where institutional confidence remains high for "trophy" assets backed by globally recognized hospitality brands. Bank OZK’s involvement further cements its role as a dominant financier for high density luxury projects in the region.

Architectural Collaboration and Design Philosophy

The tower’s aesthetic is the result of a collaboration between top tier international firms. Luis Revuelta of Revuelta Architecture International serves as the architect of record, while the interiors are being designed by Michele Bönan of Bönan Interiors. Landscape architecture is being led by Raymond Jungles Inc. The 20 story structure is designed to maximize its waterfront position, featuring floor to ceiling windows and expansive private terraces that integrate the coastal environment into the living space.

Residential Specifications and Private Access

Four Seasons Private Residences will offer a boutique collection of two to four bedroom homes ranging from 2,025 to 3,975 square feet. A defining luxury feature is the inclusion of dedicated elevators for every residence, which open directly into private foyers. Unit interiors will feature 11 foot ceiling heights, emphasizing a sense of volume and light. The tower will also include two exclusive penthouse collections, targeting ultra high net worth individuals seeking the highest level of privacy and service.