The land acquisitions VP for WCI Communities (developer for One Singer, The Resort on Singer and Evergrene) shared that the cost to build Marina Grande today is $280/SF plus land costs. This is why new towers like Water Club in North Palm start at $400/SF for a bottom floor unit and are priced as high as $800/ SF. "This makes it very clear that you won't find any new towers coming out of the ground for less than $400 per square foot," said Dickenson.
