The developer of Urbania Flagler 1st has recently secured a multi-million-dollar construction loan to help make the project possible.
Goldman Sachs Bank USA provided a $27.71 million construction loan to 626 Flagler LLC; the latter firm is a partnership between Continua Developments and SP Developments. Construction started on the 11-story venture earlier this year, with completion slated for summer 2026.
Upon opening, the community will feature 110 apartments, along with a host of communal amenities, including a swimming pool, co-working area, and gym. There would also be about 3,750 square feet of retail and a 131-spot parking garage. Jaxi Builders is the general contractor; G3 AEC is the architect.
