203 Northeast 3rd Street Update 05/16/24

Developer Moving Forward with 48-Story Tower in Fort Lauderdale

 

 

New Jersey-based developer National Realty Investment Advisors (NRIA) is moving forward with a 48-story building proposed in Fort Lauderdale. NRIA has been in Chapter 11 bankruptcy restructuring since June 2022, the developer was determined to have engaged in fraud since 2018. The development would offer 429 apartments along with a seven-story parking podium above a lobby that would include 2,710 square feet of commercial space. The apartments will range from studio to two-bedroom units. Community amenities include a pool and an outdoor deck on the ninth floor along with 6,420 square feet of indoor space. The property is located near Flagler Village, just west of downtown Fort Lauderdale.

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