JMH Development announced the receipt of a $26-million construction loan from StonegateBank to finance Three Hundred Collins, which broke ground in South Beach in late February.
The 19-unit boutique condo designed by the acclaimed Thomas Juul-Hansen is on 3rd Street and Collins Avenue, and is currently at 70 percent sold. It's expected to be finished in 2017.
"We have an extraordinary team working together to create Three Hundred Collins, and are thrilled that Stonegate Bank will be a part of that group," said Jason Halpern, principal of JMH Development. "We all share the goal of building a project with true quality and the craftsmanship. We look forward to seeing Thomas Juul-Hansen’s brilliant designs and one of a kind finishes brought to life in such a special location."
There's a new interior penthouse rendering below followed by a full batch showcasing all the luxury condo has to offer, including a 75-foot saltwater pool and hot tub on the roof.