A locally based developer has plans to replace a 1940s-era apartment building with a 13-story tower in Fort Lauderdale. The city’s Development Review Committee will consider the proposal later today.
Merrimac Ventures has proposed a 36-unit residential building on a 0.66-acre lot in Broward County. The venture would span just over 182,000 square feet of new construction – 11,578 square feet of which would be interior amenities; 117,066 square feet will be sellable space.
Communal amenities would include a fitness center and clubroom; plans also call for a resort-style swimming pool. Condos at the high-rise would range from two-bedroom to four-bedroom units, spanning 1,765 to 5,495 square feet.
The venture would measure 13 stories and host 36 units. Image by GarciaStromberg
Merrimac Acquisition is in the process of acquiring the apartment building from its current owners. The sale comes after an inspection revealed that repairs cost more than the building’s estimated value. GarciaStromberg is the architect. KEITH is the planning firm.
Merrimac Ventures has had a busy year. Earlier this March, Florida YIMBY reported that the firm had purchased multiple parcels slated for various projects. In 2024, the firm first unveiled plans for Bungalow East, located on the same street as the proposed 13-story tower.
The 36-unit venture is planned for 125 N Birch Road, Fort Lauderdale, Florida, 33304, in Broward County.
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