Welcome to our Blog focused on Real Estate news in the Ft Lauderdale market and surrounding area including Wilton Manors, Oakland Park, Pompano Beach and Fort Lauderdale Beach.
The developer of the planned Marina Lofts project in Fort Lauderdale cleared a hurdle by winning approval from Broward County Commissioners on Tuesday night. The commission voted in favor 7-2 to relocate the controversial tree and developer, Asi Cymbal, would post as much as a $1,000,000 bond as collateral in case the tree is damaged during its relocation. Asi Cymbal is planning to develop approximately 1,000 units along the New River in Fort Lauderdale as part of a 3 building rental project. Its location lies adjacent to another recently announced rental project titled New River Yacht Club by The Related Group. The approval moves Asi Cymbal and his Marina Lofts project one step closer.
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