Moderno Development Group and 75Invest Group filed plans for a Live Local Act mixed-income project in Fort Lauderdale.
The developers submitted their application for 500 Art Lofts, a 27-story, 290-unit rental building planned for the site at 501 Southwest Second Avenue, south of the New River, said Doron Broman, founder of Miami-based Moderno. Seventy-one units will be set aside for workforce housing.