In 2019, Absolut Financial Resources purchased a parcel of land for $4.86 million. Now, within 18 months, its latest project will come to fruition. Madison Point is a $36 million complex that boasts “affordable living” for those living in Miami-Dade County.
A 270-unit multi-family project has been proposed to the Planning and Zoning Design Review Committee of Fort Lauderdale at 427 Northeast 1st Avenue in the Flagler Village neighborhood. Encompassing the addresses between 409 – 433 NE 1st Ave., the property spans 10 parcels of land on the eastern side of the interior lot bounded by NE 5th St. to the north, NE 4th St. to the south and N Andrews Ave. to the west. The site is just 4 blocks away from the Brightline Fort Lauderdale train station. ECI Flagler Village LLC, an affiliate company of Edgewater Capital Investments, is the owner of the application.
Varadero (also called La Playa de Varadero in some sources) is a luxury condo/hotel that is expected to begin construction sometime in 2022. The project has been underway since 2014, when Fortune International Group and Chateau Group teamed up to build the hotel-condominium in Sunny Isles, FL.
New York City’s KAR Properties and Miami’s Fortune International Group are pleased to announce they have bought out the remaining 81 unit inventory at Reach and Rise Residences at Brickell City Centre, two 43-story luxury residential skyscrapers located at 68 SE 6th St. and 88 SW 7th St. developed by Hong Kong’s Swire Properties.
Yesterday, YIMBY covered the reveal for the upcoming FAT Village East, a massive development set to rise in Fort Lauderdale. Today we shall cover the western portion of the project known as FAT Village West, a 623,292-square-foot mixed-use project proposed to be built in the F.A.T. Village Thematic District yielding 504 units and 28,540 square feet of commercial space. According to the filing, the development is addressed as 501 Northwest 1st Avenue located in the Flagler Village neighborhood, and is designed by SCB with DLR Group as the architect of record and EDSA, Inc. as the master planner; Urban Street Development and Hines are the developers behind the proposal.
