Jan 10, 2024
Prive Group Proposes 515K SF 1000 Marina Mile Apartments in Ft. Lauderdale
Amidst the vibrant cityscape of Fort Lauderdale, plans are in motion for a groundbreaking transformation at 1000 W. State Road 84/Marina Mile.
Traded Editorial
Amidst the vibrant cityscape of Fort Lauderdale, plans are in motion for a groundbreaking transformation at 1000 W. State Road 84/Marina Mile. The proposal outlines the development of the 1000 Marina Mile Apartments, a towering structure that could replace the iconic Karu nightclub in Miami. This prospective high-rise complex is set to ascend 15 stories above grade, promising a total of 283 units and a sprawling expanse encompassing over 515,000 square feet of new construction.
A Diverse Array of Residences
Within the envisioned 1000 Marina Mile Apartments, prospective residents can anticipate a diverse array of living spaces. The development plans unveil a mix of 165 one-bedroom units, 107 two-bedroom units, and 11 townhomes. These homes, spanning between 680 to 2,134 square feet each, promise a varied and accommodating living experience. Notably, 41 units are earmarked for individuals with incomes reaching up to 120 percent of the area median income, ensuring inclusivity within the community.
Communal Oasis on the Seventh Floor
Elevating the living experience, communal amenities are strategically positioned on the seventh floor of the 1000 Marina Mile Apartments. Residents can indulge in a host of facilities, including a well-equipped fitness center, a refreshing swimming pool, a welcoming dining lounge, and a children's playground. This thoughtfully designed communal space aims to foster a sense of community and well-being among the residents.
Beyond Residential Spaces
Beyond its residential offerings, the 1000 Marina Mile Apartments project encompasses a broader vision for the locale. In addition to the planned residences, the development allocates close to 1,500 square feet for commercial use and dedicates ample space for 503 parking spots. The ground floor is not only functional but also offers recreational amenities, featuring a pickleball court and an aesthetically pleasing decorative fountain.
Realization Architects and Strategic Acquisition
The architectural prowess behind the 1000 Marina Mile Apartments lies in the hands of Coral Gables-based Realization Architects. This dynamic complex has been meticulously designed to complement and enhance the urban fabric. The 1.87-acre build site, purchased for $3.85 million in 2022, is under the ownership of 1000 Marina Mile Development—an affiliate of Prive Group, the esteemed developer. Pending approval from Fort Lauderdale city officials in Broward County, this mixed-use complex is poised to redefine the skyline and lifestyle of Marina Mile.