News

The development of new single-family homes  is a major component of the NFP CRA's  efforts to preserve and expand affordable housing in the redevelopment area. Join us for a groundbreaking ceremony to celebrate the start of construction on 11 new single-family homes in the  River Gardens / Sweeting Estates neighborhood.The groundbreaking ceremony will take place on Friday, April 12, 2019 at 10:00 a.m. at  NW 21st Terrace and NW 4th Street ( South of Sistrunk Boulevard). The 11  single-family  homes will  consist of  3 and 4 bedrooms with 2 1/2 baths and  range in size from 1726 square feet to 1949 square feet. In addition, all of the homes will have standard  turnkey features and include amenities such as granite counter tops and stainless steel appliances. Prices range from $260,584 to $289,760 and must be owner occupied. These  affordable work force...

(Fort Lauderdale, FL - May 2017) -  The Northwest-Progresso-Flagler Community Redevelopment Agency (NPF CRA) has green-lighted major renovations and new construction in Flagler Village. One of the most recent construction projects to receive funding from the NPF CRA is the Quantum at Flagler Village, at Federal Highway and Sunrise Boulevard, a combination retail, hotel and multi-family development. The Prime Group, an established developer throughout South Florida, is developing the Quantum at Flagler Village which features a 337-unit luxury multi-family community housed in two fifteen story towers, with over 20,000 square feet of flexible commercial space on the ground floor and a nine story Marriott Courtyard Hotel on Federal Highway. The apartment component consists of a variety of one, two, and three-bedroom floor plans with amenities such as a resort-style swimming pool, a spa, a fitness center and other state of...

The Israeli developers behind a 99-unit project in Fort Lauderdale’s Flagler Village just listed the condo project for sale at $3.5 million, The Real Deal has learned. The developers, Doron Broman, Simon Langbret and Uri Redler put the Flagler 626 site on the market last week with CREC, Broman confirmed to TRD. The project has not yet launched sales. “It’s not an issue of market conditions,” Broman told TRD, adding that the decision to sell is due to a personal issue. “At this stage we’re looking to sell it or possibly joint venture.” Fort Lauderdale unanimously approved the 12-story project in mid-September. As planned, units would range from 671 square feet to 1,580 square feet with an average price of $350 per square foot. CREC Senior Vice President Peter Mekras said the unit allocation and approvals make the site appealing to a multifamily developer,...

It's hard to see past Sistrunk Boulevard's vacant lots and empty storefronts, but a pair of businessmen are betting a renaissance is near – with a vision of restaurants, stores and apartments geared toward millennials. Entrepreneur Felipe Yalale has paid $3.8 million over the past year to amass 25 properties covering 4.3 acres near Sistrunk Boulevard and Northwest Seventh Avenue. He and developer Peter Flotz are finishing up some additional land negotiations and say they expect to have project plans to the city for review by the end of the year. They say they want to create a place for younger people wanting to be close to the downtown bustle without paying the extravagant rents. They're talking about small-sized apartments – maybe 400 to 600 square feet – over street-level stores, restaurants and entertainment. Millennials "want simpler, smaller, affordable, but they still want...

Our trendy, modern hotels won't be limited to Fort Lauderdale Beach anymore. A new dual-branded Starwood Hotel coming to downtown Fort Lauderdale celebrated its groundbreaking on Wednesday, Sept. 21. The 24-story, 323-room hotel will be a design-driven property inspired by the surrounding Flagler Village neighborhood. It will offer an independent coffee shop, restaurant and retail, plus the city's first high-rise rooftop bar. The property, which is being developed by Wurzak Hotel Group, is divided into two hotels: The Dalmar, a four-star independent boutique hotel in Starwood's Tribute Portfolio, and The Element by Westin, geared toward extended-stay travelers. With an 18-month construction timeline, the hotel—located at the corner of NE Third Street and U.S. 1—should be open by spring 2018. At the groundbreaking ceremony, Fort Lauderdale Mayor Jack Seiler noted The Dalmar Hotel represents the city's opportunity to change the image of its downtown....