High-Rise Olakino House to Offer 83 Condos at 551 Bayshore Drive, Fort Lauderdale, FL
Meet Olakino House. The project recently secured City Commission approval in January, allowing for the construction of 83 condos between two 13-story buildings.
Meet Olakino House. The project recently secured City Commission approval in January, allowing for the construction of 83 condos between two 13-story buildings.
Miami-based Newgard Development Group has unveiled plans for Natiivo Fort Lauderdale, a 40-story resort condominium at 200 West Broward Boulevard. Occupying a prime 1.08-acre site in downtown Fort Lauderdale, the project is designed by the renowned Arquitectonica, with interiors by ID & Design International. It will feature 384 fully finished and furnished residences, ranging from 500 to 1,200 square feet, marking it as Fort Lauderdale’s first resort condominium property specifically designed, built, and licensed for short-term rentals. Cervera Real Estate has been appointed as the exclusive sales and marketing representative for Natiivo Fort Lauderdale, with unit prices reportedly ranging from the $500,000s to $1.5 million. The project is expected to be completed in 2028.
Affiliated Development is moving forward with a residential venture in Broward County. At full buildout, the Era Apartments would offer 400 homes, 3,650 square feet of retail, and 549 parking spots. Presently, the Fort Lauderdale-based developer is requesting $5.5 million from the county to include workforce housing as part of the project.
A 30-story mixed-use building named Flagler Village Residences at 500 Northeast 3rd Avenue in Fort Lauderdale has been proposed for development. Designed by Corwil Architects and WSP serving as the structural engineer, along with Within Hults + Partners as the landscape architect, this project is being developed by Miami-based 13th Floor Investments. The 320-foot-tall structure is expected to yield 602,604.50 square feet of space. This includes 345 multifamily residential units, 3,645 square feet of commercial uses, and 512 structured parking spaces. The Site Plan Level II application for this project is scheduled for review by the Development Review Committee on January 9.
The Fort Lauderdale Downtown Development Authority (DDA) has secured a $8.75 million construction loan to renovate Huizenga Park in downtown Fort Lauderdale. The DDA requested proposals seeking lenders to fund the Huizenga Park capital improvement project. After a thorough selection process, Synovus Bank was chosen as the best partner for financing the construction project, which is set to start in 2024.