Related Group Breaks Ground on $350M Andare Residences in Fort Lauderdale

Key Points:

• Construction Begins: Related Group has commenced construction on the 46-story Andare Residences, a $350 million luxury condo tower in Fort Lauderdale, that will be tallest tower in the area once built.

• Strong Pre-Sales: Over 50% of the 163 units are pre-sold, with prices ranging from $2 million to $16 million.

• Sky-High Living: The 46th-floor penthouse will be the highest residence in Broward County upon completion.

The skyline of Fort Lauderdale is set to reach new heights with the groundbreaking of Andare Residences, a $350 million luxury condominium project by Related Group. Located at 521 E. Las Olas Blvd., this 46-story tower is poised to redefine upscale urban living in the heart of the city.

Project Overview 

• Developer: Related Group

• Architect: CFE Architects

• Interior Design: Pininfarina

• Location: 521 E. Las Olas Blvd., Fort Lauderdale, FL

• Stories: 46

• Units: 163

• Unit Sizes: 1,800 to over 4,300 sq ft

• Pricing: $2 million to $16 million

• Completion: Expected in 2027

Design and Amenities 

Andare Residences is a collaboration between Related Group and renowned Italian design firm Pininfarina, known for its work with luxury automotive brands. The building's design emphasizes seamless transitions between indoor and outdoor spaces, with features including:

• Wrap-around balconies

• Italian cabinetry

• Sub-Zero and Wolf appliances

• Over 35,000 sq ft of amenities, such as:

  • Fitness center

  • Pickleball court

  • Private dining room

  • Sports lounge

  • Executive lounge with conference rooms

  • Club room with a bar

  • Rooftop pool and outdoor kitchen

  • Wellness spa with salt, sauna, and steam rooms, plus hot and cold plunge pools

Market Impact 

The Andare project marks the first luxury condominium development on Las Olas Boulevard in nearly two decades, signaling a resurgence in downtown Fort Lauderdale's residential market. With over half of the units pre-sold, the demand reflects a strong interest in urban luxury living.

The 46th-floor penthouse, priced at $16 million, will become the highest residence in Broward County, offering panoramic views of the city and ocean.

The groundbreaking of Andare Residences represents a significant milestone in Fort Lauderdale's urban development, blending luxury living with innovative design. As the city continues to grow, projects like Andare are setting new standards for upscale residential offerings. Investors and potential residents alike should keep a close eye on this transformative development.