The Residences at the W Fort Lauderdale hosted the first discussion of a series on the Fort Lauderdale market last week.
RelatedISG presented the ISG World market report at the first event, which touched on factors affecting growth in Fort Lauderdale, what’s to come this year, and the supply and demand for preconstruction condos. The fourth quarter report found that out of the 19,538 condo units in the pipeline and currently built east of I-95 in Miami-Dade and parts of Broward since mid-2011, 14,877 units or 76 percent have been sold.
Meyer Davis Studio was also on hand to showcase the W Fort Lauderdale’s renovated residences and common spaces.
Meyer Davis led the renovation of the 171 luxury condo units at the W, which Related purchased in 2014 for $90 million. The original developer, the Y Group, sold only 24 units of 171 after it was completed in 2009. – Katherine Kallergis