Eden Multifamily plans for a 32-story rental tower in downtown Fort Lauderdale

The proposed 374-unit apartment building is planned on the site of a parking lot

TRD MIAMI /
Aug.August 08, 2017 12:10 PM

Rendering of Next Las Olas

Downtown Fort Lauderdale’s real estate projects are not showing signs of stopping. The latest: A new 32-story rental tower is planned near Las Olas Boulevard.

Eden Multifamily, a development and real estate investment company led by Jay Jacobson, just submitted an application to the city to bring a 374-unit apartment building to 419 Southeast Second Street, according to the Sun-Sentinel. The site currently holds a parking lot.

The city’s development review committee will review the application for the $133 million project called Next Las Olas on Tuesday. More than 3,200 units are in various stages of the approval process in downtown Fort Lauderdale, the Sun-Sentinel reported.

If approved, the rental tower would have ground-floor retail and an eight-story parking garage, according to the application. Jacobson said he aims to get final city approval by the end of the year. The Coconut Grove-based developer added construction will begin four to six months after that, according to the Sun-Sentinel.

More luxury condo projects to be delivered on Las Olas Boulevard include the Gale Residences Fort Lauderdale Beach, which has just sold out, Auberge Beach Residences & Spa and Paramount Fort Lauderdale Beach.

The area known informally as North Bay Village along A1A, is also the site of New York and Miami-based Property Markets Group’s planned, millennial-oriented, mixed-use development, slated to be completed by fall 2020. [Sun-Sentinel]Amanda Rabines 


Related Articles

arrow_forward_ios
From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

419 Southeast 2nd Street, Lincoln Property Company CEO Tim Byrne

Lincoln Property joins partnership on downtown Fort Lauderdale building

One Financial Plaza with Clay Hamlin III and Jay Shidler of Alliance HSP (Credit: Google Maps)

Alliance buys One Financial Plaza in downtown Fort Lauderdale

From left: Edward Romo, Ryan T. Shaw and Scott C. Sandelin and the property

Assemblage in downtown Fort Lauderdale selling for $12M

Fort Lauderdale site of planned Riverparc Square sells

Fort Lauderdale site of planned Riverparc Square sells

Daily Digest Miami

Target could be coming to North Beach, Related and Atlantic Pacific head to Miami board: Daily digest

Construction of downtown Hollywood high-rise may start soon

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein (Credit: Daily Beast | Getty)

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

arrow_forward_ios
Loading...