Published 2026-09-14T18:23:06.500Z from South Florida Agent Magazine.
Related Ross has broken ground on 28-story Shorecrest on North Flagler, with 98 residences and $157 million in construction financing.
What happened
Related Ross has broken ground on Shorecrest, a 28-story residential project on North Flagler with 98 residences. The current residential program includes two- and three-bedroom homes, with four residences per floor. The project is also backed by $157 million in construction financing, giving the groundbreaking a second concrete milestone: construction is moving forward with a substantial financing package in place.
Why it matters for buyers
For buyers tracking North Flagler, a groundbreaking is more meaningful than another rendering or pre-launch announcement. It marks the transition into active construction and gives shoppers a clearer way to compare Shorecrest with projects that remain earlier in the pipeline. The 98-residence count also places Shorecrest in a relatively contained scale for a 28-story building, while four homes per floor gives buyers a useful sense of the planned density. The financing adds confidence that the project has moved beyond an early planning stage, although buyers should still evaluate future construction milestones separately.
What to watch
The next useful updates are physical construction progress and any revised timing guidance that can be tied to current project materials. Published completion-year references have not been perfectly consistent, so this update does not rely on a specific delivery year. Also watch for any later changes to the residence program as construction advances. For now, the dependable facts are substantial enough on their own: Shorecrest has broken ground, it is planned at 28 stories and 98 residences, and $157 million in construction financing has been secured.
Why it matters
Groundbreaking and construction financing make Shorecrest a materially more advanced project than a proposal still on paper.
Buyer context
Use the verified scale and financing as the current anchors; avoid relying on conflicting delivery-year references.
Related project guide
Source
South Florida Agent Magazine. Verify current project details before making a purchase decision.