The architect on the project is Coral Gables-based Raphael Portuondo. The bank branch will feature Mediterranean mission-style architecture and a tree-lined trellised entry. Amera Barron consists of Coral Springs-based Amera Corp. and Coral Springs-based Barron Real Estate. Barron Real Estate president Charlie Ladd tells GlobeSt.com that the project is expected to cost $4 million. "This project is at the edge of Downtown Fort Lauderdale," Ladd says. "There has been a lot of revitalization in the area."

Other projects the team has developed in the area include Victoria Park Shoppes; Park Plaza on the Curve, anchored by Office Depot; Palm Court Pavilion at the northwest corner of Broward Boulevard and Federal Highway; the Downtown Starbuck's and the Downtown Kinko's.

"As with our earlier projects, we anticipate the Paradise Bank building will be a catalyst to encourage the continuation of the process of replacing outdated, substandard commercial frontage with new upscale properties benefiting the high-income demographics of the surrounding neighborhoods along the corridor," says Amera Corp. CEO and founder George Rahael.