Chicago-based Regency Development Group intends to start construction on a luxury townhome development by the end of this year.
Regency Park would comprise 24 townhomes, each measuring three stories above grade. The three- and four-bedroom residences would span 2,930 to 3,077 square feet; in-unit features would include private elevators, ground-floor patios and balconies, and “an open-concept grand room”.
Homes would include three-story units, offering three and four bedrooms. Image from Luxury Portfolio
Communal amenities include a resort-style swimming pool, fitness center, and private offices ideal for media content creation (such as podcasts). The pre-construction homes currently start at around $1.9 million. Regency Development Group purchased the 1.39-acre build for $7.3 million in 2023. The property is currently vacant.
The developer has another project in its South Florida pipeline: La Maré. The high-end development, located in the Bay Harbor Islands, would comprise three collections, with La Maré Residences Signature Collection having recently broken ground. The nine-unit complex would feature homes measuring 2,200 to 4,300 square feet, offering three- and four-bedroom layout plans. Kobi Karp designed both La Maré Signature Collection and Regency Park.
Regency Park will be located at 809 N.E. 16th Ave., Fort Lauderdale, FL, 33154, in Broward County. It would lie south of East Sunrise Boulevard and offer easy access to the nearby Holiday Park.
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Hope this gets built soon. Everything in Fort Lauderdale has been on hold and many developments now will never start due to ever increasing costs.