Commercial

Naftali Group Files Plans For Mixed-Use Development With Two Towers At 201 N. Federal Highway In Fort Lauderdale

New York City-based Naftali Group has filed plans for 201 North Federal Highway, a two-tower mixed-use development of 47 and 44 stories proposed in Fort Lauderdale’s downtown core. Designed by Arquitectonica with landscape architecture from ESDA, Inc., and Kimley-Horn as the civil engineer and traffic engineer, the proposal calls for 1,483,708 square feet of space, including 824 residential units, 19,391 square feet of amenities, 10,399 square feet of commercial/retail space, and 877 parking spaces across two towers of approximately 509 feet and 493 feet over a multi-story podium. The approximate 1.52-acre property is located at the corner of Northeast 2nd Street and North Federal Highway; Toothaker is the land-use attorney. 

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Developers Lock In $215 Million In Construction Financing For The Wynwood Plaza

L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025. 

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Site Plans Filed For 33-Acre Mixed-Use Waterfront Development ‘Ybor Harbor’ In Tampa

A rezoning application for Ybor Harbor, a dynamic new 33-acre mixed-use waterfront development surrounding Ybor Channel, was filed with the City of Tampa late Thursday. The project, at the northern terminus of Ybor Channel, is being developed by Darryl Shaw and could yield up to 6 million square feet, including  2,586 residential units and 140,400 square feet of general office, 375 hotel rooms, and 292,260 square feet of commercial retail space. Working with Port Tampa Bay, the Ybor Harbor plans envision opening a section of the waterfront to the public that is currently restricted. Activation will include a boardwalk with restaurant and retail uses, piers, boat slips, floating docks, and green space.

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FAA Issues Building Permits For 432-Foot-Tall Structure At 488 Southwest 1st Avenue In Fort Lauderdale

FAA Building permits have been issued for work on 488 Residences at Riverwalk, a 38-story mixed-use building planned for 488 Southwest 1st Avenue in the Tarpon River neighborhood of Fort Lauderdale’s downtown corridor. Located one block south of the New River and bound by Southwest 5th Street on the south, plans for the 26,291-square foot property call for a 580,873-square-foot structure containing 362 dwelling units, around 6,000 square feet of retail space, and 363 parking spaces. Built Form and Tabanlıoğlu Architects designed the current publicly known iteration of the building. The developer is an entity linked to Colorado-based real estate investment trust UDR, Inc., which purchased the development from Ellis Diversified, Inc. in 2022 for $16 million.

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