A 1.9-acre site in Davie could soon be home to a multi-family housing development, pending city approval. Midtown Davie would comprise about 290,000 square feet of new construction, measuring four stories above grade and offering 136 apartments.
In the heart of a bustling downtown area predominantly filled with rental properties, Fort Lauderdale is set to welcome an exciting addition to its real estate landscape. OceanLand Investments, led by CEO Jean Francois Roy, has officially broken ground on Sixth&Rio, one of the few for-sale condominium developments in the region. The eight-story property, located at 501 Southeast Sixth Ave./Federal Highway, will sit along the picturesque New River, adding an element of tranquility to urban living.
Meet Sixth & Rio, a boutique residential venture along the New River. The multi-million-dollar project will offer 94 homes in a nine-story building.
AKAI Estates, a 44-acre single-family home development in Southwest Ranches, Florida has officially broken ground. Located at 4730 Akai Drive, the development will consist of 16 ultramodern luxury estates that span between 7,000 to over 15,000 square feet within a fully-gated community, inclusive of cutting-edge amenities. AKAI Estates is conceptually designed by internationally acclaimed architect Vasco Vieira, founder and head architect of Portugal-based firm Vasco Vieira Arquitectos, alongside FSMY Architects + Planners as the architect of record. The groundbreaking occurred on October 20, with developers Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski present.
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.
