400 Sunny Isles Condo Tower Tops Off, Completion on Track for September 2015

MIAMI - Sept. 25, 2014 - PRLog -- Barely a year after breaking ground, Moss & Associates recently hosted a big topping off celebration for 400 Sunny Isles, one of the most significant projects in the City of Sunny Isles Beach.

More than 500 construction workers, supervisors, executives, realtors, and local officials were invited to participate in the festivities. The two towers, on the south side of the 163^rd Street Bridge along the Intracoastal Waterway, are each approximately 21 stories, with 15 stories of condos atop a six-story pedestal with parking, restaurants, retail and residences. The projected construction cost of the 860,000-square-foot structure is $100 million, with completion anticipated in September 2015.

400 Sunny Isles is the first project in the area in which owners of the 230 residences can walk to both the beach and Oleta State Park, as well as own their own private boat slip on Biscayne Bay with access to the Atlantic Ocean. The property will include a full-service marina with slips and dry dock storage, a state-of-the-art spa, activities center, tennis court and an Olympic-style pool that stretches from one tower to the other with amazing views of the bay and the ocean.

Moss is the construction manager of 400 Sunny Isles, developed by Key International and its strategic partner, 13^th Floor Investments. Chad Oppenheim of Miami designed the 400 Sunny Isles property, and Kobi Karp of Miami is the architect of record.

Moss and Key International also teamed on the completed Ivy and Mint condominium towers in the Brickell area, and are now collaborating on the newest project with Key International and 13^th Floor Investments: 1010 Brickell, a 47-story, 352-unit condo tower now under construction.

“There’s no project quite like this one. That’s why we believe that 400 Sunny Isles will take condo living to a new level,” said Moss project manager Jason Clark. “We’re glad to help turn this into an iconic project in a neighborhood attracting notice from around the world.”

“This is a complex project that sets a new standard for the market, and we are glad to work with Moss, which consistently delivers excellent work on time and within budget,” said Inigo Ardid, President of Key International.

“Once completed, 400 Sunny Isles will be the waterfront luxury project by which all others in the market are measured,” added 13^th Floor Investment Chief Operating Officer Rey Melendi.

In recent years, Moss has coordinated construction of some of Florida’s most prominent multifamily developments, including Downtown Dadeland and The Colonnade Phase 1 and Colonnade Phase II in Miami, Lexi Bayview in North Bay Village, Villa Alhambra and Valencia Grande in Coral Gables, Flagler Village in Fort Lauderdale, Tao Condominiums in Sunrise, CityPlace South Tower in West Palm Beach, and many others.

About Moss

Moss & Associates (www.mosscm.com) is a leading privately-held construction firm headquartered in Fort Lauderdale, Florida. With eight regional offices, Moss focuses on construction management at-risk, design-build and public-private partnerships. The company's diverse portfolio encompasses a wide range of sectors including luxury high-rise residential, landmark mixed-use developments, hospitality, primary and higher education, justice and solar energy. Moss prides itself on a strong entrepreneurial culture that honors safety, quality, client engagement and employee development. Its employees consistently rank Moss as one of the best places to work for career satisfaction.

About Key International

Since the 1970s, Key International has acquired and developed much of South Florida's premiere real estate, including many of the area's most high-profile locations, such as the South Beach Marriott, Eden Roc Resort & Spa, The Ivy Condominiums and Mint Condominiums. Key International has distinguished itself as one of the area's most renowned developers, bringing an international focus to South Florida. From commercial property in all the right locations, to the most luxurious residential addresses, Key International is at the leading edge of Florida's development community.  For more information, call (305) 377-1001, or visit www.Key-International.com.

About 13th Floor Investments

13th Floor Investments is a world-class investor, owner, developer and manager of real estate properties based in Miami, Florida.  Adhering to a strict value-investment thesis, the firm seeks to generate superior, risk-adjusted returns for its investors while actively mitigating risk.  Through its family of real estate fund vehicles, the firm acquires and develops real estate across all asset classes, both directly and through strategic partnerships with like-minded firms. 13th Floor has invested over $260 million of equity in 29 transactions since 2008, representing a total estimated project value of over $1 billion. Current assets within the company’s portfolio include: luxury condominium developments (400 Sunny Isles and 1010 Brickell); multifamily developments (Sierra Grande in Naples and Dadeland); single family home communities (Central Parc in Tamarac); and commercial (Highland Park Medical Office Building in Miami and 3650 Design Plaza in Miami’s Design District). Learn more at www.13fi.com.