New River Central will feature 401 luxury rental units, 5,500 square feet of retail space, 20,000 square feet of amenities and a nine-story parking structure with 477 spaces.

FORT LAUDERDALE, FL—A trio of New York City real estate investment firms say they are now pressing ahead with a $125-million luxury high-rise in Fort Lauderdale.

The development team of Bizzi & Partners Development, Silverback Development and Corvin Capital, LLLC acquired earlier this year the one-acre parcel at 100 SW 6th St. in Fort Lauderdale for $12 million and plan to build New River Central, a 35-story mixed use tower, there. The lead developers on the project are Bizzi and Silverback, with Corvin Capital serving as co-developer

The project will feature 401 luxury rental units, 5,500 square feet of retail space, 20,000 square feet of amenities and a nine-story parking structure with 477 spaces. The building will total approximately 625,000 square feet.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.