FAA Approves 35-Story Residential Tower For 477 SW 1st Avenue In Fort Lauderdale
Permits have been approved by the Federal Aviation Administration (FAA) for work on 477 Southwest 1st Avenue, a proposed 394-foot-tall residential building in Tarpon River, Fort Lauderdale. Located within the Downtown Regional Activity Center between Southwest 1st Avenue and Southwest Flagler Avenue with Southwest 4th Court on the North and Southwest 5th Street on the South, the project is being developed by Ellis Diversified, Inc. (EDI), a Fort Lauderdale-based firm led by real estate developer Jim Ellis, who acquired the 1.54-acre development site in September 2015 for $5 million. The FAA determination was approved on January 31, 2022 and will expire on July 31, 2023, meaning construction could occur relatively soon.