CRA Board Approves $3 Million Incentive for the Construction of a New Mixed-Use Building on Sistrunk Corridor
On November 17, 2020, the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners, approved $3,000,000 in CRA incentives to Wright Dynasty, LLC for the construction of a mixed-use development located at 1217-1223 Sistrunk Boulevard. The proposed development features a six-story building with a mix of housing and retail that will include five commercial units on the ground floor, two parking levels and 24 residential units. The 24 units will range in size from 720 sq.ft. for one-bedroom units to 1,075 sq.ft. for two-bedroom units. The building will also include a green roof/recreational sun terrace for residents and their guests. In addition, underground utilities, a drainage system and trash and recycle containers will be installed. The building will also adhere to other sustainable/green principles, such as a reduced parking footprint, charging kiosks for electrical vehicles, rainwater...