Newgard Development Group Unveils Plans For 40-Story, 384-Unit Natiivo Fort Lauderdale

8:00 am on February 2, 2024 By Oscar Nunez

Miami-based Newgard Development Group has unveiled plans for Natiivo Fort Lauderdale, a 40-story resort condominium at 200 West Broward Boulevard. Occupying a prime 1.08-acre site in downtown Fort Lauderdale, the project is designed by the renowned Arquitectonica, with interiors by ID & Design International. It will feature 384 fully finished and furnished residences, ranging from 500 to 1,200 square feet, marking it as Fort Lauderdale’s first resort condominium property specifically designed, built, and licensed for short-term rentals. Cervera Real Estate has been appointed as the exclusive sales and marketing representative for Natiivo Fort Lauderdale, with unit prices reportedly ranging from the $500,000s to $1.5 million. The project is expected to be completed in 2028.

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The Calta Group Completes Allapattah Assemblage Acquisition For New Mixed-Use Transit-Oriented Project

8:00 am on February 1, 2024 By Oscar Nunez

The Calta Group, a real estate and development company, today announced it has completed the acquisition of an assemblage of seven parcels in Allapattah from Enis Realty and Grupo Park for $17.2 million. The firm purchased six lots at 1415, 1433, 1435, 1453 Northwest 13th Terrace, and 1410 Northwest 14th Street in December, with the seventh and final 15,000-square-foot parcel at 1469 Northwest 13th Terrace closing this week. The final parcel’s closing price was $7,200,000.

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The NRP Group Breaks Ground On 275-Unit Multifamily Community ‘The Riley’ in Fort Myers

8:00 am on January 31, 2024 By Oscar Nunez

Cleveland, Ohio-based The NRP Group has officially commenced construction on The Riley, a 275-residence, market-rate multifamily community in Fort Myers, Florida. Located at 7301-7340 Stoney Grove Circle, at the intersection of Highway 41 and San Carlos Blvd, The Riley offers easy access to major employment areas in Fort Myers and Bonita Springs and proximity to Interstate 75 and Highway 41. Building permits issued by Lee County show NRP CONTRACTORS II LLC is listed as the general contractor. Completion is anticipated in late 2025.

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