By: Avery Niedrowski By: Avery Niedrowski | September 30, 2022 | Home & Real Estate,
El-Ad National Properties, an Elad Group company, has officially announced an over $300 million sellout for one of their residential towers at ALINA Residences Boca Raton. The building, ALINA 200, is a 121-resident phase one property of the residential destination located in the heart of Boca Raton. The exclusive sales team of Douglas Elliman Development Marketing continues to receive extensive sales interest in the second phase of development which includes the addition of two separate residential towers, ALINA 210 and ALINA 220, comprising a total of 182 new residences. The stage two buildings, which started in March 2022 with an expected completion date by late 2024, are almost 50 percent sold.
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"We are seeing an incredible momentum of buyers moving to South Florida. Residents are attracted to ALINA Residences as we offer a new standard of modern living in downtown Boca Raton with designer-inspired residences, resort-style amenities, a sense of community, and well-staffed services," said Noam Ziv, CEO of El-Ad National Properties. "Achieving a total sellout of phase one speaks volumes to the high demand for the ALINA lifestyle. We are proud to continue exceeding expectations when it comes to quality finishes and timing of delivery."
ALINA Residences Boca Raton coined a beacon of modern living, was designed by architect Peter Stromberg of Garcia Stromberg/GS4 Studios and brought to life by Moss Construction. With seamless indoor/outdoor living spaces, boutique amenities, and a central downtown location, this residential development was named Project of the Year at the 63rd annual Construction Association of South Florida's Craftsmanship Award (CASF) and awarded the Best Architecture/Design by South Florida Business Journal's 2021 Structure Awards.
The Elad Group entered the South Florida market a few years ago through EL-Ad National Properties after over three decades of high-end development experience in New York City, Los Angeles, and Toronto. El-Ad National Properties has earned a sterling reputation as an entrepreneurial company with high expectations and solid values, a shared philosophy of the firm. ALINA Residences Boca Raton is their first 'from the ground up' project, leaving their mark on South Florida.
The sold-out phase one tower, ALINA 200, features one to four bedrooms and interior spaces ranging from 1,400 to over 4,800 square feet, with designer Scavolini kitchens, spa-inspired bathrooms, dens, and private terraces that overlook the iconic The Boca Raton Golf Club. This first phase also includes 102 turnkey homes, 12 penthouses, and an exclusive collection of seven villas equipped with expansive terraces and private gardens. If you like a bit of privacy, there are over 32,000 square feet of personal outdoor space, including a rooftop pool deck lined with lounge space, outdoor dining, entertainment areas, meditation greenspace, and more. You could be privy to indoor amenities such as his and her spa, an elegant clubroom, and a state-of-the-art fitness center.
The second phase towers, ALINA 210 and ALINA 220, will be the last pieces of the residential project. ALINA 210 will be the centerpiece of ALINA and will include nine stories and 30 corner residences. The floor plans feature three to four bedrooms with a den and range from 3,300 to 5,400 interior square feet. The 30 residences of ALINA 210 can also enjoy an exclusive suite that will feature thoughtfully curated amenities. The prices for ALINA 210 start at $4 million.
ALINA 220 features a similar design to the original ALINA 200, defined by European-designed kitchens, rain showers, and elegant organic craftsmanship. Residents get a selection of one to four bedrooms with den floor plans that range in size from 1,400 to 5,400 interior square feet and pricing from $2 million to $8 million.
"ALINA Residences' world-class amenities, concierge services, and expansive indoor and outdoor space, as well as its desirable location, have attracted significant buyer activity from Floridians and Northeasterners," said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. "Because El-Ad National Properties continues to experience an increase in buyers seeking flexible spaces to accommodate home offices, gyms, and more, the new floor plans in ALINA phase two include more options with convertible dens to provide the ultimate live, work, and play lifestyle."
All ALINA Residences residences are apprised to an extensive list of amenities, with phase two adding an extra two acres of private outdoor space. As a resident, you can also explore a myriad of shared spaces across the expansive campus: two dog parks, multiple rooftop swimming pools, private cabanas, fire pits, yoga areas, club rooms, fitness centers, and his and hers spa facilities defined by dry saunas, steam rooms, treatment rooms, and relaxation rooms.
The 121-unit, nine-story building ALINA 200 is currently located at 200 SE Mizner Blvd., Boca Raton, Florida 33432. Phase two buildings will be situated on 210 and 220 SE Mizner Blvd. For more information, please visit www.alinabocaraton.com.
Photography by: Courtesy ALINA Residences Boca Raton