Flagler Village

Merrimac Ventures Nabs Development Site For 30-Story ArtsPark Lofts In Fort Lauderdale

Merrimac Ventures, one of South Florida’s leading real estate development firms led by brothers Dev and Nitin Motwani, acquired a development assemblage near the Brightline Fort Lauderdale Station to build ArtsPark Lofts, a 30-story mixed-use multifamily and commercial development planned for 407 North Andrews Avenue in Flagler Village. Designed by FSMY Architects & Planners with landscape architecture and civil engineering by KEITH, 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 for 359 vehicles. Merrimac paid $8.5 million for the 0.73-acre site that includes 421, 413, and 407 North Andrews Avenue. 

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Renderings Reveal INOA Architecture’s ‘The Muse Tower’ Proposed For 416 NE 1st Avenue In Flagler Village, Fort Lauderdale

Brooklyn-based New Leaf Development (New Leaf), led by developers John Russo and Joseph Scarpinito, has revealed plans for The Muse, a 30-story residential tower proposed to rise at 416 Northeast 1st Avenue in Flagler Village, Fort Lauderdale. Designed by New York-based INOA Architecture, led by founder and principal Murat Mutlu, with Pompano Beach-based R-Method as the architect of record, the 383-foot-tall structure would be constructed on a 19,125-square-foot assemblage located between Northeast 4th and 5th Streets with Northeast 1st Avenue on the west and Northeast 2nd Avenue on the east. Plans for The Muse include 112 residences paired with valet parking, an art gallery, and amenities atop a 4-story podium.

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

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

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

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.

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

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.

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