Fort Lauderdale to consider three major developments

Posted on October 12, 2016

Fort Lauderdale officials will review three major development proposals for the first time Tuesday.

The items will go before the Development Review Committee, although they will need city commission approval at a later date.

The 550 Building should break ground at 550 S. Andrews Ave. in Fort Lauderdale in late… more

Up first, Riverbend Broward L.P. wants to build a 221,130-square-foot warehouse and a 130,700-square-foot commercial building at 2401 W. Broward Blvd. The company bought the 17.7-acre site just west of Interstate 95 out of foreclosure for $5.9 million in 2014.

Riverbend Broward is managed by Dev Motwani, the head of Merrimac Ventures. Motwani said the commercial space would have a self-storage facility and about 8,000 square feet of retail space fronting Broward Boulevard to compliment the Wal-Mart store across the street. The warehouse at the rear of the site would be a distribution center, he added.

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