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Fort Lauderdale New Construction Updates 2021

OPTIONS ABOUND FOR BOTH HOUSING AND ENTERTAINMENT IN FORT LAUDERDALE

In the last three years, Fort Lauderdale has seen a major boom in construction and development; cranes can still be seen popping up in and around downtown, a clear sign that the area remains highly sought after for both living and socializing.  

We’re seeing new condos and apartments and with that, an influx of millennials and empty-nesters seeking to live in our exciting urban core. There have been almost 2,000 new condos and apartments completed in the last year, including the impressive 100 Las Olas by Kolter and the new millennial-esque apartment building, Society by PMG. More businesses are moving into Fort Lauderdale, and the Brightline stop opens our city up to numerous new options for work and play.

NEW LIVING OPPORTUNITIES

The new living opportunities are some of the most impressive additions to Fort Lauderdale, forever changing our skyline.

UNDER CONSTRUCTION

The Registry Las Olas

Image Source: The Registry Las Olas

A 374-project from Lincoln Property Company brings Registry Las Olas to the heart of downtown Fort Lauderdale. This 32 story building located just north of Las Olas Boulevard is designed by MSA Architects of Miami.

Selene

Image Source: kolterurban.com

Selene is Fort Lauderdale’s most thoughtfully designed new oceanfront condominium bringing contemporary architecture and exceptionally spacious residences together with a host of indoor and outdoor amenities and 24/7 hospitality-inspired services.

Two resort-style pool terraces poised at the fourth floor overlooking the Atlantic Ocean offer fire pits, poolside cabanas, and dining areas, among other delightful features. Just minutes away from this enchanting oasis, Las Olas Boulevard and Downtown Fort Lauderdale await with a vibrant array of shopping, dining, and historic destinations.

Tall and Slender, the 300-foot-high East and South Towers both showcase panoramic ocean and city skyline views.

160 Marina Bay

Image Source: Condo Black Book

160 Marina Bay truly reveals itself as a waterfront paradise and will rise 5 stories above the beautiful glittering Intracoastal Waterways in the heart of the yachting capital of the world.

This exclusive ultra-luxury boutique building comprises of only 16 spacious residences sitting on 240 linear feet of water facing East of beautiful sunrises, and stunning multi-million-dollar single-family homes on the Island.

Each turnkey flow-through residence features 3 bedroom 3.5 baths, private elevator access leading into a dramatic entryway, lofty 10’ ceiling heights throughout, floor-to-ceiling glass and sliders, generous waterfront terraces offering spectacular views, and a 14 slip private marina with direct ocean access for yachting enthusiasts.

Fairfield Residential Development

Image Source: Bizjournals.com

A new residential project is underway at the southwest corner of Third Ave & Broward Blvd as part of One Financial Plaza.  The 242-unit building is being developed by Fairfield Residential.

The Related Group’s Development on Las Olas

Image Source: The Real Deal

The Related Group is underway with their newest development on Las Olas across the street from their highly successful Icon Las Olas.  This soon-to-be-named project is 311-units with resort-style amenities, and a most enviable location.

Casa Murano

Image Source: Casa Murano

Casa Murano is an exclusive, five-story residence consisting of eight expansive, luxury condos. Highlighted by modern architecture, beautifully curated interiors, and contemporary floor plans, each residence features state-of-the-art amenities, stunning floor-to-ceiling windows showcasing waterway views, and oversized private rooftop terraces equipped with a hot tub and summer kitchen, ensuring residents can enjoy a spectacular union of indoor-outdoor coastal living.

Casa Murano’s private marina with eight boat slips offer residents the opportunity to explore Fort Lauderdale’s numerous canals and access to the Atlantic Ocean.

Located within walking distance of pristine beaches and trendy Las Olas, just seven miles from the Fort Lauderdale-Hollywood International Airport, Casa Murano residents can enjoy everything that positions Fort Lauderdale among the country’s most sought-after luxury real estate markets.

The Four Seasons

Image Source: Fourseasons.com

Last, but most certainly not the least, is the Four Seasons Private Residences coming to Fort Lauderdale Beach. This one has been long-anticipated and we’re happy to say they are well on their way with construction proceeding well. Located just South of the Conrad, the Four Seasons will stand as a beacon of luxury on our Fort Lauderdale beachfront.

 

RECENTLY COMPLETED + LEASINGS/CLOSINGS HAPPENING NOW

Regatta at New River

Image Source: Sun Sentinel

Sitting next to New River Yacht Club, the New River received another addition to the area’s rental offerings. With larger-than-usual floorplans, the Regatta at New River features studies, 1, 2 and 3 bedroom options starting at $1,695 per month.

Modera 555

Image Source: Mill Creek Places

At 24 stories tall, this new addition to Flagler Village brings even more luxury to downtown Fort Lauderdale. Sitting just west of US-1, this new apartment building boasts amenities such as a rooftop deck, wine lounge, 24/7 fitness studio, and more.

The Main Las Olas

Image Source: The Main Las Olas

This 1.4 million-square-foot two-building structure is the crown jewel for mixed-use development in Fort Lauderdale, featuring Class A offices, luxury rental apartments (Novo) and retail including the ONLY Publix on Las Olas – a Greenwise Publix at that.

Alluvion Las Olas

Image Source: Alluvion Las Olas

Another Stiles project, Alluvion Las Olas, is another new high rise apartment building that will overlooks the New River. The residences range from studios to three bedrooms and start at $2,100 per month. These units feature contemporary sophistication and the amenities include private garden spaces, 24-hour concierge, a dog spa and dog park and direct building access to Riverwalk.

Society by PMG

Image Source: Societyliving.com

Society by PMG is one of the most exciting concepts to hit Fort Lauderdale; this concept exists in a total of four locations, with Las Olas being one of the lucky ones. Totaling 639 units, this building has multiple options for living for any local – not just millennials. About 30% of the building will be dedicated to co-living, meaning you’re not stuck trying to find a roommate. They do the hard work for you! Overlooking Las Olas and right next to the Wharf, this is THE spot to rent in Fort Lauderdale to get the most immersive downtown experience.

Paramount Residences

Image Source: Paramount Residences

Endless luxury abounds at Paramount with 95 total residences in the entire building. These residences include a private entrance to each and amenities such as 24-hour valet, summer kitchens with BBQ grills, a signature oceanside restaurant, pool, poolside bar, and beach service and so much more.

Auberge

Image Source: Auberge

Auberge, located right on Fort Lauderdale Beach just north of Sunrise Blvd, is a beauty of her own. Featuring ultra-luxe beachside residences and a state-of-the-art spa, Auberge is inspired by nature. The Auberge Spa offers an unparalleled experience featuring a salt cave, infrared sauna and other luxurious amenities.

NEW SOCIAL ASPECTS

In addition to new living opportunities, the new social additions that have been added to Fort Lauderdale are enhancing the culture of this incredible city. Las Olas, Fort Lauderdale’s prominent downtown address received its very own grocery store, Publix Greenwise, at the base of The Main. Restaurants and retail are filling up the storefronts as well, with recent additions like the online-based sunglasses brand, Warby Parker, YETI and the Tommy Bahama Store & Marlin Bar.

Las Olas’s neighbor and best friend, the Fort Lauderdale Riverwalk, is also gaining additions to make the downtown area a more walkable place. The latest additions include The Wharf, an open-air event space that houses crowds of people from Thursday to Sunday nights right on the riverfront. Right next door (replacing the old Briny Pub) is Rivertail – a seafood-driven dining concept created by award-winning chef, Jose Mendin & the creators of The Wharf, Breakwater Hospitality. 

The historic Riverside Hotel has expanded its restaurant offerings with Boathouse at the Riverside, a tapas-style restaurant that has waterfront dockage on the New River. Lastly, Miami’s Bodega has made its way to Fort Lauderdale, opening across from The Wharf with its taco truck interior and lounge.

Image Source: Myfortlauderdalebeach.com

Oh… and don’t think we forgot about the beach. While some may associate it with tourists with sand in between their toes, we consider Fort Lauderdale Beach as a little slice of heaven right in our backyard. And one of the most exciting additions to the area is the all-new Las Olas Oceanside Park – a  2-acre amazing green space at the corner of Las Olas and A1A, with space for events such as live music and a farmer’s market, locals are hanging out and enjoying all the things that the beach life has to offer. From here, walk to bars, restaurants and some of our very best beachfront hotels.

Image Source: Twitter

Fort Lauderdale’s version of the High Line is well on its way to becoming an amazing reality and she’s been named “Laudertrail.”

The goal is to develop a comprehensive multi-use system that safely connects everyone in the City of Fort Lauderdale to parks, transit, local businesses, attractions, and their neighbors.

Image Source: The Sun Sentinel

The Parker Playhouse received a $26 million total facelift, and was renamed “The Parker.” New features include private donor and premium lounges with a signature bar area as well as upgraded systems and technology that deliver advanced acoustics!

And lastly – the construction on the tunnel is for a good reason! A $16M project is being built on top of the tunnel that lives under the New River and it’s called Tunnel Top Park. Completion is expected to take about two years, but when finished, all of Las Olas residences and visitors will have a beautiful area to enjoy!

A MARKET UPDATE

We’re seeing a number of things happening for us here in Fort Lauderdale; more millennials are moving here, empty-nesters are seeking to move downtown for an exciting, urban active time in their life, office occupancy is trending back to pre-Covid levels, and the rate of new startups is increasing as well. 

In addition to living opportunities, we’re seeing transportation opportunities expand as well. Virgin Brightline, the newest method of mass transport in South Florida, is adding two new stations in Aventura and Boca, making South Florida even more attractive for commuters, workers, and travelers. A station to Orlando is also in progress and is targeted for completion by December 2022. 

“Prior to coronavirus and as we emerge on the other side of it, housing in East Fort Lauderdale and all of South Florida remains highly desirable,” says Don Ginsburg, Founder and President of Freebird. “Demand for housing remains strong,  appropriately priced homes are selling quickly, and we benefit from fantastic weather, endless activities, and a strong local community.

“Now is a fantastic time to sell your home as inventory and interest rates remain very low. On the flip side, interest rates are also at a record low, which makes now also the perfect time to buy a home” says Alex McCoy, Real Estate Agent at Freebird. “The Coronavirus has not stopped real estate. Interest rates continue to be low while incentives, buyers, and inventory are all low, which is excellent for sellers. Buyers still have a vast array of homes to choose from, and with the right agent, they can still get the home of their dreams.”

FORT LAUDERDALE – THE BEST PLACE TO BE

These are incredibly exciting times in east Fort Lauderdale with housing and living opportunities abound; from townhomes, single-family, condos, and apartments, there is something for everyone at attainable prices and historically low interest rates. Interested in exploring property? Don’t hesitate to reach out to us at hello@livingfreebird.com or at 954-745-9505.

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