Natiivo Fort Lauderdale Update 12/19/23

Development Site in Downtown Fort Lauderdale Acquired for $31.24 Million

 

 

Miami-based developer Newgard Development Group has acquired a 1.08-acre site in downtown Fort Lauderdale for $31.24 million according to Broward County Records. The site has received approvals for 49-story building that would include 381 residential units, 8,256 square feet of commercial space and 426 parking spaces. Newgard is expected to announce details about future development plans in early 2024.  

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