An application requesting approvals for the assemblage of a 710-foot-tall tower crane has been submitted to the Federal Aviation Administration on August 2, 2021 for 333 North New River Drive East, the development site for the 43-story Riverwalk Residences of Las Olas in Fort Lauderdale. Designed by Borges + Associates Architects and being developed by Atlanta-based Gables Residential, the mixed-use building is planned to rise 493-feet and yield approximately 670,000 square feet including 295 luxury residential units, 1,300 square feet of ground floor retail and as many as 340 parking spaces.
Gables Residential purchased the property for $33.16 million in June of 2021 from former owner Ocean Land Investments. State records show the two parties behind the sale/purchase of the 32,991-square-foot site are affiliate companies of the developers: Riverwalk Plaza Associates LLC (the seller) managed by Ocean Land and Lion Gables Realty (the buyer) managed by Gables Residential. The site is currently occupied by a smaller office building, and will be demolished to make way for the 43-story tower.
The tower crane application remains pending and awaits approval from the FAA.
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Hello…We are the developer and this information is incorrect. We are not a senior living community. We are a luxury apartment home community. Please print the correction.