Midtown, Prospect plan second Flagler Village apartment project
In the News
10/13/2022 - 17:47
Midtown Capital Partners and Prospect Real Estate Group are making their second bet on Flagler Village’s multifamily market.
The developers plan to build a 173-unit project with roughly 4,000 square feet of retail on the northwest corner of the Florida East Coast Railway tracks and Sistrunk Boulevard in Fort Lauderdale, Midtown’s Zach Fox said. Midtown and Prospect paid $9.4 million for the 1.3-acre development site at 4 Northwest Seventh Street.
Levy Ft Lauderdale Holding, led by Joshua Levy, sold the site that now is an automotive junkyard, records show. The entity had paid $600,000 for the property in 2011.