Two parcels in Fort Lauderdale’s Coral Ridge neighborhood are poised for transformation, with two multifamily buildings now in the pipeline. Aventura-based Vera Fund has filed plans to redevelop two sites, one at 2800 East Oakland Park Boulevard, replacing two existing commercial structures with a pair of multifamily high-rises. Just to the south, a surface parking lot at 2810 East Oakland Park Boulevard will be redeveloped into a multifamily low-rise. The projects are set for review before Fort Lauderdale’s Development Review Committee on September 23rd, signaling the next step in Vera Fund’s efforts to move forward with the plans.
Zeroing in on 2800 East Oakland Park Boulevard, plans call for two 14-story high-rises connected by a shared parking podium. The development will include 94 residential units across both towers, offered in two-, three-, and five-bedroom layouts. Unit sizes will range from 1,575 SF to 3,510 SF, placing them safely in the luxury category. Residents will also have access to more than 7,000 SF of indoor amenity space, along with a pool deck.
The ground floor of the project is planned to include 4,900 SF of commercial space and 3,250 square feet of co-working space, complemented by expanded sidewalks and landscaped greenery. Parking will total 218 spaces, available to both residents and retail patrons.
On the south side of the site, the parcel at 2810 East Oakland Park Boulevard is planned for a much smaller building, rising just four stories. The development will include 18 residential units and 36 parking spaces. Unlike the larger structure to the north, this building will be composed entirely of two-bedroom units, ranging from 1,125 to 1,500 SF. Amenities include common areas, a co-working lounge, pool, and more.
According to elevations provided by the architect, Idea Architect, the project will feature some of the tallest buildings in the Coral Ridge neighborhood. The pair of twin 14-story towers will rise to 160 FT, while the shorter building will stand at 50 FT. Designed with a contemporary aesthetic, the facades will feature materials such as smooth stucco finishes, tinted glass railings, wood trims, metal mesh, and other modern elements.
Vera Fund is seeking entitlements with the intention of selling the property rather than developing it directly. According to Broward County property records, the firm acquired the assemblage in late 2023 for $10.425 million.
As of now, no permits have been filed for demolition, site work, or building construction at both properties.