Fairfield buys apartment development site in Fort Lauderdale for $13M
Fairfield Residential acquired a property in downtown Fort Lauderdale for $13.4 million and plans to build an apartment tower there.
Fairfield Residential acquired a property in downtown Fort Lauderdale for $13.4 million and plans to build an apartment tower there.
First mixed-use project proposed in Broward neighborhood
February 2020:
“Stellar communities wants to build apartments near Golden Glades Interchange in northern Miami Dade County. The Fort Lauderdale-based developer has the 8.2-acre site at the northeast corner of Northwest 159th Street and Northwest First Avenue under contract from Beacon Square Revocable Property Trust.
January 2020:
Bizzi & Partners Development scored approval for a mixed-use tower along 163rd Street in North Miami Beach.
January 2020: The 7.09-acre site currently awaits fresh and contemporary shops, apartments, restaurants, and, more tentatively, a hotel.
December 2019: A Bank of America branch in Fort Lauderdale’s Rio Vista neighborhood is on the verge of redevelopment after a developer acquired it for $11 million.
July 2019:
The Kushner Cos. is launching a major apartment project in Miami, Bisnow has learned, the first in Florida for the third-generation real estate business. Courtesy of Dorsky + Yue International Rendering of 2000 Biscayne Blvd., an upcoming project in Miami from Kushner Cos. Kushner Cos., the business now led by the brain trust of Charles Kushner, Nicole Kushner Meyer and Laurent Morali, is planning on breaking ground later this year on an 1,100-unit apartment project in Miami’s Edgewater neighborhood, sources familiar with the deal told Bisnow.
September 2018:
“One of the largest downtown developments of the recent building boom won approval Tuesday night, clearing the city of Fort Lauderdale without a City Commission vote.
Riverparc Square will take up an entire city block south of the river downtown, with 790 apartments or condos, 297 hotel rooms, nearly 300,000 square feet of office space and about 45,000 square feet of retail.”
September 2018:
“O Cinema Wynwood, the non-profit movie theater and art space that opened its doors at 90 NW 29th Street in Feb. 2011, and The Wynwood Yard, the pop-up culinary incubator and event/concert space that took over five vacant lots at 56 NW 29th Street in the fall of 2015, will be permanently closing their doors in the first half of 2019.
In their place will rise Wynwood Green, an 11-story, 189-unit apartment rental building with nearly 17,000 square feet of commercial/retail space and 324 parking spots.
Lennar Multifamily Communities, a division of the Miami-based home building giant Lennar Corp., has submitted plans to the City of Miami for the project, to be built on NW 29th Street between NW First and North Miami Avenues. The project would mark Lennar’s first apartment building within City of Miami limits.
The city’s Urban Development Review Board will assess the proposal on Thursday. The Wynwood Design Review Committee, which evaluates developments to ensure they meet height and density requirements for the neighborhood, will weigh in on Sept. 11.
The project is expected to be approved by both boards.”
May 2018:
Commercial Property Executive quoted and referenced Dorsky + Yue International as an example of how to transform retail centers to keep them “fresh, hip and inviting.”