Midtown wins approval for upsized multifamily project in Fort Lauderdale
Midtown Capital Partners advanced Astor Progresso Village, a 249-unit multifamily development in Fort Lauderdale, after shelving an earlier version of the project with fewer units. The Fort Lauderdale City Commission voted Tuesday night to approve Midtown’s site plan for the 11-story development. The mixed-use building would have 1,665 square feet of commercial space and a residential mix of studios, one-bedroom and two-bedroom units. Miami-based Midtown, led by managing partners Alejando Velez and Alexander Saieh, paid $9.4 million in 2022 to acquire the development site at 4 Northwest 7th Street, a former salvage yard. Astor Progresso Village would be an L-shaped […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Confessions of a content hoarder: What 107 dead pages taught me
UAD 3.6 is coming. Hybrid appraisals are built for it.
After $21M assessment uproar, Brickell association says contractor overbilled, left work undone
Disgraced CIA Agent Must Forfeit $100 Million Worth of Luxury Florida Properties in Stolen Gold Plot
Bank of America: Older Americans have taken on a bigger economic role
Odell Beckham Jr. Joins Vikings After Giants Release—Weeks After Admitting He ‘Never Wanted To Leave’ New York
HUD opens probe into Wells Fargo’s race-based mortgage programs
‘The Sopranos’ Star Steven Van Zandt Tacks Nearly $4 Million Onto Asking Price of Eclectic Greenwich Village Penthouse
Denmark accuses Palm Beach resident of shielding assets in waterfront home
Grim Discovery at North Dakota Governor’s Mansion as 7 Coffins With Human Remains Are Unearthed
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131