Four Seasons Development Group Inks $323.8M Loan for Coconut Grove Residences

CMC Group and Fort Partners closed a $323.8 million construction loan from Bank OZK for the 70-unit Four Seasons Private Residences Coconut Grove.

Construction work on the 20-story waterfront tower is progressing, and the development remains on schedule to welcome residents in mid-2028.

The project is designed by Miami-based architect Luis Revuelta.

Residents will enjoy amenities that include a restaurant, library, children’s area, private event room and an pool deck and bar lounge serviced by Four Seasons. The on-site wellness program includes a fitness center, yoga and massage rooms, and a spa with a variety of features, including a cold plunge, hydromassage pool, infrared sauna, horizontal and leg showers, ice fountain, Roman-inspired sauna circuit and more. Residents have access to Four Seasons service even without the presence of a hotel.