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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417-Unit Townhome And Villa Community Proposed By Lennar Homes Near Florida City, FL

Lennar, one of America’s leading home builders, has filed plans for a massive 1.6-million-square-foot residential community across a near 40-acre vacant property in an unincorporated area of Miami-Dade County. The development proposes 417 residential units comprising 223 townhomes and 194 villa residences across 36 buildings, 11,863 square feet of amenity space, and 946 parking spaces. PPK Architects is listed as the architect. Lennar has named the planned community Lime Grove, derived from the property owner, Lime Grove Realty, Inc. led by Samuel and Roni Jacobson. 

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