Watson Island Developer Obtains $23M Loan

Developer Flagstone Property Group recently announced that the marina would open by December of this year, according to a press release. The Deep Harbour at Island Gardens marina is designed to hold 50 yachts up to 550 feet long. North Palm Beach-based Technomarine Group is building the marina, which will include its own customs and immigration office.

Portions of the contentious mixed-use development would open in 2017 and 2018. Coastal Construction is the contractor, and Cervera Real Estate will be the exclusive sales and marketing firm for the residential portion. When completed, Island Gardens will include landscaped gardens, public art installations and a public promenade.
- See more at: By Katherine Kallergis http://therealdeal.com/miami/blog/2015/05/19/watson-island-developer-obtains-23m-loan/#sthash.Pp3r5wgt.dpuf