MIAMI-Two weeks is the target date for the opening of the on-site sales center for an apartment-to-condominium conversion project near downtown Fort Lauderdale. The new sales center for Pine Crest Village at Victoria Park will open on 15th Avenue, just north of Broward Boulevard.

The condo development, which is scheduled for completion next fall, will be located at 1501 E. Broward Blvd. It will occupy a full city block bordered by NE 15th Avenue, NE 16th Avenue, Broward Boulevard and NE 2nd Street and cost $10 million-plus. The project involves converting 323 apartment units in three buildings, built in 1971, into a Key West-theme.

The conversion will take place in two phases. The first phase consists of renovating two four-story buildings into 139 new condominium residences. Demolition of the apartments began late this summer. The second phase will involve renovating the third, three-story building that currently has an additional 160 units. The developer is Tarragon Realty Investors.

The condo prices will start at $150,000 for one-bedroom residences, in the low $200,000s for two-bedroom residences, and in the high $200,000s for units with two bedrooms plus a den or three bedrooms. Units will range from 660 sf to almost 1,400 sf.

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