$2 million condos planned for Fort Lauderdale
In 2012, with the housing market starting to recover from a prolonged downturn, Grand Birch LLC paid $2.45 million for less than an acre along North Birch Road in Fort Lauderdale.
The plan was to build Privage, an 11-story condominium with views of the ocean and Intracoastal Waterway.
Four years later, the project is on the verge of breaking ground — but with a new name and a different developer that paid a premium for the site.
Boca Raton-based SobelCo. has launched sales for 321 at Water's Edge, a 23-unit condo at 321 N. Birch Road. Construction is set to begin in the fall, and the project is due to open in early 2018.
This story was originally published July 1, 2016 at 4:52 PM with the headline "$2 million condos planned for Fort Lauderdale."