Plans Filed for 44-Story Tower on Size-Constrained Brickell Lot at 150 SW 7th Street
Few lots in Brickell are as small as this one, and few proposals are as tall. A 44-story, 537-foot residential tower has just been proposed at 150 SW 7th Street, on a site of just 0.4 acres. The developer, 150 158 SW 7th Street, LLC, recently filed plans with the county for the 200-unit project, which was designed by Behar Font Partners. If built, it would be the latest in a series of proposals for a parcel that has changed hands several times. That turnover runs back to 2016, with another trade in 2025 and the most recent in August 2026, when the site sold for $12.5 million. The latest deal was between Habitat Group, a well-known Brickell developer behind several projects including Smart Brickell, and 150 158 SW 7th Street LLC. The proposal hinges on a recent zoning change. The property was just granted an RTZ designation, which allows added density and height and also opens the door to administrative approval. In practice, that means planning department staff can sign off on the project without it going before public boards. What’s Planned Inside, the tower would hold 200 units, ranging from one-bedrooms and one-bedrooms with dens to two- and three-bedrooms. Most of the shared space sits high up. The 27th floor has 6,750 square feet of indoor amenities, and the roof on level 44 adds another 4,330 square feet along with a pool deck. The base of the building will not include ground-floor retail, featuring only a lobby and garage enterances. Instead, a multi-story podium will hold 241 parking spaces, most of them in lifts, a setup the lot’s size calls for. Above the parking, two floors will be devoted to 15,730 square feet of daycare space. From there, the tower rises 537 feet, which would place it among the tallest buildings in the area. Elevations show a modern design with floor-to-ceiling windows, glass balconies, a white stucco facade, and a podium wrapped in an architectural prefab screen. At 537 feet, the tower would need sign-off from the FAA, an approval that is expected. Height is not a major obstacle in this part of the city, since Brickell and portions of Downtown Miami have allowed towers reaching 1,049 feet. Land in Brickell keeps getting scarcer and more expensive, and proposals on compact lots like this one may become more common as a result. Large assemblages on the scale of Brickell City Centre, meanwhile, could largely become a thing of the past, short of immense capital like the kind of deals by buyers such as Ken Griffin.
Alta New River Lands $140.2 Million in Financing, Clearing the Way for November Groundbreaking
Downtown Fort Lauderdale is about to add another crane to a skyline that has been in steady motion for years. Alta New River, a 35-story rental tower at 100 SW 6th Street, is preparing to break ground in early November, closing a long wait for a project first proposed back in 2017. Alta Developers is leading the effort, and a freshly secured $140.2 million senior construction loan from JVP Management is what moved it from plan to start date. The new financing replaces the developer’s original 2023 loan and increases it by $129.8 million, giving the project the funds to finally get moving. The land has its own paper trail. Alta Developers bought the one-acre site for $20.8 million in 2022, well above the $12 million that the sellers, a joint venture between Bizzi & Partners and Silverback Development, paid to assemble it in 2017. In a statement, Raimundo Onetto, CEO of Alta Developers, said “Alta New River is our third residential project in Ft. Lauderdale, and breaking ground reflects our long-term commitment to this city”. When complete, the tower is expected to hold 400 rental units averaging 840 square feet, with delivery estimated for 2028. Dorsky + Yue, the project’s architect, plans 4,127 square feet of ground-floor retail, a lobby and other uses, while 460 parking spaces will fill a nine-story garage. Residents get a plethora of amenity spaces as well, starting with a resort-style pool deck with cabanas, lounge spaces, an outdoor kitchen, and a barbecue area. Inside, there is a fitness center, a co-working lounge, club rooms, and a spa. The tower’s look has held steady even as the financing changed. Plans show a height of about 380 feet, with height and massing that have shifted little since earlier versions. The exterior combines a largely stucco facade in gray and white tones with metal balconies, floor-to-ceiling windows and accent lighting. Kaufman Lynn Construction is the general contractor, One Line Design Studio is handling the interiors, and Greystar will manage the property once it opens. Alta New River is landing in a city that is already experiencing a building boom. Completed as planned, it would add 400 units to Fort Lauderdale’s growing multifamily pipeline, which includes 4,371 units under construction in Downtown and Flagler Village alone, according to the city. Hundreds more are underway outside those central neighborhoods.