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

The conversion will take place in two phases. The first phaseconsists of renovating two four-story buildings into 139 newcondominium residences. Demolition of the apartments began latethis 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-bedroomresidences, in the low $200,000s for two-bedroom residences, and inthe high $200,000s for units with two bedrooms plus a den or threebedrooms. Units will range from 660 sf to almost 1,400 sf.