As it stands, New River Yacht Club is a 26-story building offering about 250 one-bedroom, two-bedroom, and three-bedroom layout plans. The three-phase project has been unfolding since the mid-2010s, and now, its second phase is underway.
New River Yacht Club II is a 36-story building offering 349 residential units. The ground floor comprises retail space, and the eighth floor serves as an amenity deck, featuring a pool. The Real Deal notes that the Related Group sold New River Yacht Club for $85 million to BJ Verde Properties in August 2021.
The second phase includes a high-rise building with luxury rentals. Rendering per CFE & Associates Architects.
Fortune Construction Company was selected as the general contractor. The project requires more than 350,000 square feet of new construction. It also involves demolishing already-existing structures on the build site. Right now, the project’s in its design development/permitting stage. It’s estimated to cost $75 million to complete.
CFE & Associates Architects designed the project and shared conceptual renderings with various media outlets. Its website shows a high-rise building with a beige, white, and yellow facade. Some units come with balconies, and the building itself overlooks a marina.
The building overlooks a marina. Rendering per CFE & Associates Architects
If New River Yacht Club II is anything like its predecessor, it will offer luxury rentals starting at around $1,900. It’s located at 401 Southwest 1st Avenue, Fort Lauderdale, Florida, 33301, in Broward County.
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Glad to see Downtown Fort Lauderdale growing! Should be a nice addition to the skyline. Looks like they already have foundation equipment on site to start piling.