City Block of Buildings Sells in Fort Lauderdale
RCG News
/April 2, 2024
Buyer Plans 250-Apartment Redevelopment of Portfolio
A private developer acquired seven properties on 2.66 acres, known as the Hill York Property in Fort Lauderdale, for $15.2 million. The properties comprise a whole city block.
The buyer’s intent is to redevelop the land into 250 multifamily apartments on the sit,e which includes three hundred feet of frontage on South Andrews Ave.
The previous owner, a private individual, and associated entities owned and operated Hill York HVAC on the site for over 40 years.
Source: Bill Mitchell and Costar.com