Affiliated Development has secured a $34.1 million construction loan for its planned mixed-income multifamily project in Lake Worth Beach, reports The Real Deal.
The 200-unit project Bohemian will include 44 of the units for workforce housing. The seven-story, 215,000-sq.-ft. building will be built on 1.8 acres at 1017 Lake Ave. The project will have 367 parking spaces.
Construction is expected to be completed in summer 2022.
