Residential

Revised Plans For The Arcadian In Fort Lauderdale Seek Site Plan Amendment

A Site Plan Level II has been filed for review, seeking a Site Plan Amendment with design deviation requests to increase the building floorplate and reduce tower stepbacks for The Arcadian, an 8-story mixed-use development set on a 3.35-acre site at 640 Northwest 7th Avenue in Fort Lauderdale’s Progresso Village neighborhood. This amendment aims to add 22 additional residential units to the project, bringing the total to 502 units. The developer also requests a height bonus incentive to increase the building height to 85 feet. The Development Review Committee (DRC) is scheduled to review this proposal today.

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Revised Plans for Oceanfront Redevelopment in Hollywood Adds More Residential Units Under Florida’s Live Local Act

Condra Property Group has updated its redevelopment plans for a group of oceanfront hotels, adding more residential units under Florida’s Live Local Act. The New York-based developer, led by Allen Konstam, will present the revised application to Hollywood’s Technical Advisory Committee on July 1. The project concerns 3.33 acres at 2007 and 2115 N. Ocean Drive; 309, 333, and 341 Oklahoma St.; 320 and 324 McKinley St.; 320, 322, 324, and 326 Nebraska St.; and 2012 N. Surf Road. The property, located along the city’s famed Broadwalk, currently comprises 123 hotel rooms in mostly two-story buildings, including the Neptune Hollywood Beach Hotel, Hollywood Beach Seaside, and Casa Pellegrino Boutique Hotel. The developer has the properties under contract from various owners.

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Waldorf Astoria Hotel & Residences Secures Record-Breaking Construction Loan and Reaches Major Milestone in Downtown Miami

The Waldorf Astoria Hotel & Residences, a nearly 100-story luxury tower set to rise at 300 Biscayne Boulevard in Downtown Miami, has secured a historic $668 million construction loan, the largest ever for a residential condominium development in Florida. The project, developed by PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton, achieved this financing milestone with Bank OZK and Related Fund Management providing the funds.

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