Oasis Hallandale's West Tower Gets Full TCO, Closings Begin
A completed, closing, 85%-sold tower is a live data point for anyone underwriting condo in south Broward.
Oasis Hallandale’s West Tower has secured a full Temporary Certificate of Occupancy and residential closings are underway, developer Giuseppe Iadisernia’s team confirmed August 26, with the 250-unit tower now 85% sold.
Why it matters
A finished, closing, 85%-sold tower is a live absorption data point for anyone underwriting condo product in south Broward. Iadisernia’s West Tower has moved from a partial TCO covering its first 12 floors, reported in this newsroom in July, to full occupancy and closings in about five weeks, while sell-through climbed alongside it. For South Florida developers and agents pricing the next wave of Hallandale Beach condo, the pace at which this tower converted from vertical completion to closed sales is now the benchmark. It also sets the clock on the East Tower, which has topped out and is the next test of whether that demand holds once a second 250-unit building of supply lands next door.
The numbers
The West Tower holds 250 of the 500 total residences planned across Oasis Hallandale’s 10-acre, Arquitectonica-designed mixed-use site at 1000 East Hallandale Beach Boulevard, with construction handled by MGM Construction Group. The tower is 85% sold, up from the 75% sold figure this newsroom reported both on July 8 and again August 20, when the building held only a partial TCO through its 12th floor. The East Tower, the project’s second 25-story, 250-unit building, has topped out and is targeting completion in 2027.
What’s next
Watch whether the West Tower’s remaining 15% closes out before the East Tower delivers, and whether Iadisernia, who has now drawn more than $160 million in construction and mezzanine debt across the two towers, needs additional capital to finish the second building. The East Tower’s 2027 timeline gives competing Broward condo sponsors a fixed date to plan their own launches around.