MIAMI, FL--A developer is proposing a new waterfront condo tower in Fort Lauderdale Beach in East Broward County, and in the process has boosted the total number of planned buildings to 57 since the South Florida real estate crash began in 2007, according to a new report from CondoVultures.com.
With the newly announced 11-story Grand Birch tower fronting the Intracoastal Waterway, nearly 9,400 condo residences have now been proposed for the tricounty South Florida region of Miami-Dade, Broward, and Palm Beach counties as of Aug. 15, 2012, according to the Preconstruction Condo Projects list compiled by the licensed Florida brokerage CVR Realty™.
Some five years after the South Florida condo market began to stall, one new tower has already been completed in the tricounty region and 11 other high-rises are under construction as the post-crash development era gains momentum, according to a recent CondoVultures.com report.
"The Downtown Fort Lauderdale and Beach coastal market is increasingly on the radar of residential developers who are considering new condo projects in South Florida," said Peter Zalewski (top right photo) a principal with the Greater Downtown Miami-based real estate consultancy Condo Vultures® LLC.
"Most of the proposed condo developments to date have been concentrated in the stretch from Greater Downtown Miami to South Beach to Sunny Isles Beach to Hollywood Beach.
This newly proposed project shows that developers are willing to start pushing north into Fort Lauderdale with new condo construction."
For a complete copy of the company’s news release, please contact:
Condo Vultures® LLC is a real estate consultancy and marketing company based in the 225 Midtown Building at 225 NE 34th St., Suite 209B, Downtown Miami, Florida, 33137. Condo Vultures® LLC can be reached at 800-750-0517.
1 comment:
Nice to know all about this. I think this is what my cousin talking about because she live in Lauderdale Beach. Thanks for the updates! :)
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