Author: CRAStaff

12 Nov

On November 7, 2024, the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners,  accepted the  ranking of the Request for Proposals (RFP) Evaluation Committee for the  purchase and development of  CRA property located at 790 Sistrunk Blvd. The CRA Board also approved a $5 million Non-Forgivable Development Incentive Program (DIP) Loan to  Sistrunk View, LLC, the top ranked  proposer. The developers proposed project, called  " Sistrunk View"  entails an attractive, modern design six-story  building with a minimum of 75 to 106 apartments, over 10,000 square feet of amenity space, 5,700 square feet of commercial space, and structured parking. The mixed-use building will be comprised entirely  of affordable housing for persons with incomes between 30% and 80% AMI (Area Median Income) with 75% of the apartments as one bedroom, one bath units and 25% of the...

11:39 / News
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28 Oct

The Adderley, located at 501 NW 7th Terrace, is now pre-leasing. A limited number of affordable workforce housing apartments  for individuals earning between 100 % and 120% of the Area Median Income are available. For more information on income qualifications and availability, visit www.theadderleyapts.com or call 954-620-7463....

09:34 / News
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25 Oct

Looking to kick-start your fitness goals and improve your health and well-being?  Blue Diamond Fitness is a new and innovative fitness studio located within Fort Lauderdale’s Northwest- Progresso- Flagler Heights CRA area. Head Trainer and business owner, Carles Brown, obtained funding from the CRA’s Property and Business Improvement Program to open the 2,500 square foot facility. The CRA’s incentive program aided Brown with making her dream a reality, with a forgivable loan to assist with the partial cost of building out the studio. The minority owned business was able to utilize CRA funding to assist with installing electrical, lighting, flooring, wall mirrors and some fitness equipment. "I am incredibly grateful for the support from CRA funding, which has allowed me to bring my vision for Blue Diamond Fitness to life”, said owner Carles Brown “What sets us apart from other studios is...

08:55 / News
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03 Oct

During their Oct. 1 meeting, and with little discussion, members of the Fort Lauderdale City Commission unanimously approved additional funding for a proposed six-story building at 1217-1233 Sistrunk Boulevard. The vote, which was made while the mayor and commissioners sat as board members of Fort Lauderdale's Community Redevelopment Agency (CRA), increased the CRA's total funding for the project to $5 million. The proposed project consists of 27 apartments with oversized balconies, 3,582 square feet of retail, and a two-level parking garage with 58 parking spaces. Its developer, Wright Dynasty, LLC, received a forgivable $3.5 million loan from the CRA back in 2020. Wright Dynasty, headed by Dennis Wright, applied for additional funding from the CRA because the project's estimated cost of construction increased from $7.12 million to $14.93 million, a memo from Susan Grant, Fort Lauderdale's acting city manager and CRA executive...

08:23 / News
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09 Sep

Victor G. Harvey wants to be part of Sistrunk Boulevard’s future while paying tribute to its past. In June, Harvey, founder of Victor George Spirits, broke ground on a 15,000-square-foot building at 1017 Sistrunk Blvd. that will include a distillery, a restaurant, a cigar lounge and a rooftop bar. The Victory Building, Harvey said, will be just a few blocks away from where the Victory Theater stood before it was demolished in 1989. In the 1940s, the Victory Theater was the only Broward County venue where the Black community could legally watch movies. “The history that is behind that, I want to be able to preserve some form of that,” Harvey said. “I wanted to build something in the community that will create jobs, and be a place to wine and dine.” The Victory Building is just one of several new projects and...

08:43 / News
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