The Federal Aviation Administration has granted New York-based real estate developer Bizzi & Partners building permit approvals for New River Central, a 35-story mixed-use multifamily and retail high rise building anticipated to rise at 100 Southwest 6th Street. Designed by Dorsky + Yue International with landscaping by Lewis Aqui Landscape + Architectural Design, and being developed alongside New York-based Silverback Development, the 378-foot-tall structure will yield an estimated 350,000 square feet of space including 401 residential units, 5,500 square feet of ground floor retail space, and a 477-space parking garage. The building permit applications were approved as of July 14, 2022 and are set to expire on January 14, 2024.
As is the case with all approvals, the aeronautical study conducted for the 35-story tower revealed that the structure would have no substantial adverse effect on the safe and efficient utilization of the navigable airspace by aircraft or on the operation of air navigation facilities provided the developers meet the conditions set by the FAA. The building is approved to rise 378-feet, or 384-feet above sea level considering the site elevation is 6-feet high.
The 0.98-square-foot development assemblage is generally located along Southwest 6th Street bound by Southwest Flagler Avenue on the West and Southwest 1st Avenue on the East. New River Property Owner LLC, an affiliate of the developers, assembled and purchased the properties for a cool $12 million back in January 2018. The assemblage includes the addresses 100 Southwest 6th Street, 608 – 614 Southwest Flagler Avenue, and 609 Southwest 1st Avenue. This development site sits within the the Tarpon River neighborhood of Downtown Fort Lauderdale, just four blocks south of the New River. Florida East Coast Railway tracks sit to the West of property, and a commercial building anchored by Publix is across the street to the East.
Units will come in one-, two- , and three-bedroom floor plans, ranging from 641 t0 1,178 square feet, with an average unit scope of 863 square feet. Amenities would sit atop an 8-story parking garage featuring a pool deck, lounge, yoga room and fitness center.
The site has been cleared for quite some time now, and is prepped for ground breaking. The developers has originally planned to break ground in the fourth quarter of 2018
The project is estimated to cost around $125 million.
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The Publix next door won’t be able to keep up. With several new apartment buildings getting built they are going to be busy all the time