Next year, Alta Developers intends to start construction on an 18-story residential venture in Broward County.
Gaia Residences is set to comprise 238 luxury condos, with floorplans spanning studio to three-bedroom layouts. Tenants will have the option of having their units come fully furnished. The smallest homes start at $400,000, with the largest units pushing upward of $1 million. Sources note that those prices average to about $850 per square foot.
Future residents will also have access to more than 72,000 square feet of on-site amenities, including a swimming pool, fitness center, and co-working space.
Tenants have the option of having their units come fully furnished. Image by CFE Architects
Gaia Residences underwent some revisions before arriving at its present form. The Real Deal reports that initial plans called for two 18-story buildings, featuring 466 units. Aside from the nearly 50 percent reduction, most of the project’s elements have remained the same.
Alta Developers purchased Gaia Residences’ two-acre build site for $23 million in 2021. Time-lapsed renderings from Google Earth show that the site has been vacant for nearly a decade. CFE Architects designed the 18-story high-rise. ID & Design International is the interior designer, and RH is curating the furnishings of the communal areas.
Gaia Residences is set for a 2026 groundbreaking at 401 North Federal Highway, Hollywood, Florida, 33020, in Broward County.
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Definitely an improvement over the previous proposal, two stucco commieblocks and parking garage facing Federal Highway. Who would have thought a development can be improved when cities actually stick pursuing high standards? Whether the site has been vacant for a decade is meaningless, because nobody wants to be stuck with a mistake lasting a generation.