Alton Delray Beach: 386 Apartments on Former Industrial Site
Kolter Multifamily broke ground on Alton Delray with a $92 million construction loan and 154 workforce housing units under the Live Local Act. First residents expected late 2027.
- Kolter Multifamily is building 386 apartments across five buildings on Congress Avenue.
- The project includes 154 workforce housing units (40%) under the Live Local Act.
- Kolter is headquartered in Delray Beach, making this a hometown investment.
Kolter Multifamily just broke ground on Alton Delray, a 386-unit apartment community on a 12.31-acre former industrial site at 2101 S. Congress Avenue in Delray Beach. According to Florida YIMBY, the project is backed by a $92 million construction loan from Madison Realty Capital. Of those 386 apartments, 154 are…
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