Pre-construction sales have started for a 33-unit residential development in Fort Lauderdale called The Forge Lofts at FAT Village.
Urban Street Development, led by Tim Petrillo and Alan Hooper, is developing the loft-style residential development at 401 Northwest First Avenue in FAT (Flagler, Arts and Technology) Village, a four-block area just north of downtown Fort Lauderdale.
The Forge Lofts is one of the first residential developments in the FAT Village area in several years that targets buyers instead of renters, Petrillo told the Sun-Sentinel.
Pre-construction prices range from the mid-$300,000s to the mid-$800,000s for the one- and two-bedroom units and four penthouses.
The units will range in size from 877 square feet to 2,000 square feet, and they will feature what the developers call “industrial chic” design elements, including 12- to 14-foot ceilings, exposed ductwork and finished concrete floors.
Common-area amenities will include a gym, heated pool and outdoor gas-fueled fire pit.
Urban Street Development, which opened a sales office at 425 North Andrews Avenue, expects to finish construction of The Forge Lofts in 2020. [Sun-Sentinel] – Mike Seemuth