FORT LAUDERDALE, FL-Developers of a proposed $30-million, waterfront condominium project hit a wall last week when city commissioners rejected a compromise offer to reduce the building’s height. Fort Lauderdale is 26 miles north of Downtown Miami.

In a 4-1 vote, commissioners denied the application for a development of significant impact that Christian D. Wissing and Vicenzo Esposito filed last November with the city’s Construction Services Bureau.

Notwithstanding the option of a legal challenge, the development team now must re-apply through a new application–if they want to pursue plans to build a 43-unit luxury condo building on a 34,000-sf development site at 715-725 Bayshore Dr. It is uncertain what action the development team expects to take, since its lawyer did not respond to a request from GlobeSt.com for additional information.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.