Fort Lauderdale

OKO Group, Cain International Break Ground On 34-Story One River Luxury Apartment Tower in Downtown Fort Lauderdale

8:00 am on July 26, 2022 By Oscar Nunez

OKO Group and Cain International have broken ground on their next joint venture development, One River Fort Lauderdale, a 34-story tower located at 629 Southeast 5th Avenue that will yield 365,203-square-feet including 251 high-end apartments, 2,600 square feet of ground level retail space and a 6-story, 337-space parking garage. On Friday, July 22nd, a ceremonial groundbreaking was held at the site to commemorate the start of construction. Notable attendees included City of Fort Lauderdale Mayor Dean Trantalis, and Vice Mayor Ben Sorensen. The groundbreaking announcement follows recent news that the development team secured $97.2 million in financing from Bank OZK and JVP Management to help fund construction of the tower. Construction is expected to be completed in late 2024.

Merrimac Ventures Files Plans For 30-Story ArtsPark Lofts In Flagler Village, Fort Lauderdale

8:00 am on July 23, 2022 By Oscar Nunez

Fort Lauderdale’s Development Review Committee (DRC) is scheduled to consider and review plans for ArtsPark Lofts, a 30-story mixed-use multifamily and commercial development proposed for 407 North Andrews Avenue in Flagler Village near the Brightline Fort Lauderdale Station. Designed by FSMY Architects & Planners with landscape architecture and civil engineering by KEITH and developed by Merrimac Ventures (Merrimac), a Fort Lauderdale-based development firm led by brothers Dev and Nitin Motwani, the project comprises 396,757 square feet of space including 289 residential units, 1,914 square feet of commercial space and a 6-story parking garage integrated into the podium for 359 vehicles. The DRC is scheduled to review the proposal for ArtsPark Lofts on Tuesday July 26, 2022

New River Central. Designed by Dorsky + Yue International.

Bizzi & Partners Gets FAA Approval For 378-Foot-Tall Structure To Rise At 100 SW 6th Street In Fort Lauderdale

8:00 am on July 15, 2022 By Oscar Nunez

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.

OKO Group And Cain International Get $97.2 Million In Construction Financing For 34-Story One River In Fort Lauderdale

8:00 am on July 8, 2022 By Oscar Nunez

OKO Group and Cain International have secured $97.2 million in construction financing for their next joint venture development: One River, a new 34-story luxury multifamily tower located addressed as 629 Southeast 5th Avenue in Fort Lauderdale, Florida. Financing is broken down into two loans, a senior construction loan provided by Bank OZK, and a mezzanine construction loan provided by JVP Management, which will fund the construction of the tower. One River will encompass 251 high-end apartments and 2,600 square feet of ground level retail space. Vertical construction is scheduled to begin this summer, with delivery expected September 2024.

Brooklyn-Based Developers Propose 9-Story Condominium Development In Downtown Fort Lauderdale

8:00 am on June 28, 2022 By Oscar Nunez

A pair of developers based in Brooklyn, New York have proposed a 9-story condominium development for 404 Northwest 1st Avenue in Downtown Fort Lauderdale. The entity listed as the developer in the Design Review Committee (DRC) application is 404 NW 1 LLC, managed by John Russo and Eleonora Hroncich of New Leaf Development. Plans call for an approximately 127-foot-tall structure with 85,505 square feet of space including 25 residential units and 30 parking spaces. INOA Architecture is listed as the design architect and The Tamara Peacock Company Architects the architect of record. Andres Montero Landscape Architecture is onboard for landscaping, and Flynn Engineering is the civil engineer.

Bachow Ventures Proposes 47-Story Mixed-Use Tower At 11 North Andrews Avenue In Fort Lauderdale

8:00 am on June 27, 2022 By Oscar Nunez

Plans for a new 47-story mixed-use tower named 11 Andrews have been submitted to Fort Lauderdale’s Design Review Committee (DRC) for review. The project is designed by CUBE 3 with Witkin Hults + Partners as the landscape architect and is being proposed by Miami Beach-based Bachow Ventures managed by Noah Bachow. The building would rise approximately 479-feet to the roof, or 499-feet to the mechanical screen, and would yield an estimated 732,000 square feet of space including 425 residential units, 7,400 square feet of commercial space and 425 parking spaces.

Plans Filed For 30-Story Flagler Sky View With 270 Residential Units At 501 NE 4th Street In Fort Lauderdale

8:00 am on June 22, 2022 By Oscar Nunez

Sites plans for a 30-story multifamily mixed-use building have been filed with Fort Lauderdale’s Development Review Committee (DRC) addressed as 501 Northeast 4th Street in the city’s Downtown Core. The building would rise approximately 380-feet tall and would yield 441,654 square feet of space including 270 residential units and 2,680 square feet of ground floor retail space. The project is designed by Fort Lauderdale’s very own FSMY Architects + Planners and is being proposed for development by Mainstreet NCC Flagler LLC, an entity managed by Paul J. Kilgallon of Mainstreet Capital Partners (Mainstreet). The project is currently dubbed Flagler Sky View, and was scheduled for review on June 14, 2022.

AIMCO Plans 3-Million-Square-Foot Development At Former Sears Site In Fort Lauderdale

8:00 am on June 12, 2022 By Oscar Nunez

Denver-based real estate developer AIMCO has acquired a 5.7-acre piece of property at 901 North Federal Highway in Flagler Village, Fort Lauderdale, the former Searstown site which once thrived as a retail anchor for the neighborhood, lasting 66 years in business. The previous owner, RK Associates, an affiliate of Sunny Isles Beach-based RK Centers led by Miami Heat co-owner Raanan Katz, sold the site for $64 million. The 155,760-square-foot retail space on-site is slated for demolition and redevelopment.

Mast Capital Proposes 15-Story Mixed-Use Project At 1515 SE 17th Street In Fort Lauderdale

8:00 am on May 30, 2022 By Oscar Nunez

A 15-story mixed-use development with nearly half-a-million square feet of space is being planned for 1515 Southeast 17th Street in the Harbordale section of Fort Lauderdale. The city’s Development Review Committee is now reviewing proposals for the project, currently dubbed Quay, which calls for a 150-foot-tall superstructure with 498,515 gross square feet of space including 358 residential units, 12,550 square feet of commercial space, and a parking garage for up to 964 vehicles. Quay is designed by Coral Gables-based Corwil Architects and is being developed by Miami-based Mast Capital.

FAA Building Permits Filed For 500-Foot-Tall DNA Towers In Fort Lauderdale

8:00 am on May 23, 2022 By Oscar Nunez

Miami-based BH3 Management (BH3) has applied for building permits with the Federal Aviation Administration (FAA) for DNA Towers, a planned mixed-use development encompassing twin multifamily towers of 40 and 45 stories set to reside at 300 North Andrews Avenue in Fort Lauderdale. Designed by Sieger Suarez Architects with landscaping from EGS2 Corp, plans call for two 500-foot-tall structures comprising just over 1.4 million square feet including 612 residential units, approximately 60,000 square feet of prime experiential retail and commercial space, and a 7-story parking garage with 890 parking spaces. DNA Towers are proposed to become two of the tallest buildings in Fort Lauderdale, surpassing the current tallest, the 499-foot-tall 100 Las Olas.

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