Developers Terra and Sympatico Real Estate broke ground on the Mr. C Hotel & Residences West Palm Beach, Florida. The $285 million, 25-story project will have 110 hotel suites, 146 branded condos with full-service amenities. Units range from 830 square feet with one bedroom to 2,200 square feet with four bedrooms. The project is located on a 1.3-acre site at 320 Lakeview Ave., about two blocks west of the bridge leading to the town of Palm Beach. Mr. C was designed by Arquitectonica, with interiors by Meyer Davis and landscaping by Landscape Design Workshop. Kast Construction is the general contractor. Douglas Elliman is the real estate broker. Tyko Capital provided the mortgage. Aztec Group represented the borrowers in obtaining the financing. Terra, is led by CEO David Martin, and Sympatico, is managed by Carlos Morrison and Thomas Morrison. The project will be completed in 2027.
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