$84.4M Loan Secured For The Arcadian Mixed-Use Affordable Housing Project In Fort Lauderdale
Centennial Bank has provided an $84.4 million loan for The Arcadian, an 8-story mixed-use affordable housing project at 640 Northwest 7th Avenue in Fort Lauderdale. Designed by Behar Font & Partners and developed by Fuse Group in collaboration with Boca Paila led by Grupo Krea, the project will include 478 residential units, 15,000 square feet of retail space, and a 212,000 square foot parking garage. The development has already broken ground and is expected to be completed in 20 months.