US-based real estate investment and development firm Urbane Capital Management has won site planning approval for a luxury townhome community near Las Olas Boulevard.
Named 8Hundred North, the townhouses project will be developed in Victoria Park at 800 NE 2nd St in Fort Lauderdale, Florida, US.
Urbane Capital managing principal Amin Jamal said: “8Hundred North’s strategic location within Victoria Park offers unparalleled walkability and access to downtown living in East Fort Lauderdale.
“8Hundred North is just steps away from the amazing restaurants, shopping, and nightlife on Las Olas Boulevard, as well as emerging Flagler Village and Downtown Fort Lauderdale.”
The developer acquired the 22,275ft² site from 4R USA Investments for $2.35m in a cash deal, which closed in May last year.
The boutique collection of ten three-story modern luxury residences features three-bedroom floorplans that range in size from 2,400ft² to 2,700ft².
Urbane Capital has partnered with Nest Plans architect Stewart Robin to design the townhomes.
Each townhome residence will feature a private pool, elevator, two-car garage, and an expansive rooftop terrace accessible by private elevator.
Other amenities that can be opted into include a summer kitchen and jacuzzi, and a gas heated swimming pool in the private yard.
Urbane Capital co-founder and principal Nitin Jain said: “We are focused on assembling a team of architects, designers, engineers, and construction firms that share our vision for uncompromising quality, and the result will be an exceptional community of townhouses.”
Contempo is serving as the general contractor, and the Barkin Group at Compass will be the exclusive sales agent.