26, 2014
The South Florida condominium boom has spread to Fort Lauderdale. A major redevelopment plan for the Galleria Mall tripled the number of new condos in Fort Lauderdale to approximately 2,450. This makes Fort Lauderdale the third most active condo market in South Florida, with only Miami and Hollywood Beach ahead.
Broward County consists of 17 percent of all condominiums proposed in coastal South Florida. The billion-dollar Galleria development plan calls for 1,600 condos throughout 7 buildings. Other new developments in Fort Lauderdale include Paramount, Conrad, Privage and Adagio on the Bay. Another new development is planned for the oceanfront Ireland's Inn site, located right on Fort Lauderdale Beach.
For the most up-to-date insider information on new condo developments in Fort Lauderdale, contact Niki Higgins at +1-888-242-4422 or +1-954-817-2500.
Source: The Real Deal
