Real estate and investment firm BH3 Management, led by Co-CEOs Gregory Freedman and Daniel Lebensohn, completed demolition at the 2.63-acre development site on North Andrews Ave. in Downtown Fort Lauderdale.
Six building structures were cleared to accommodate DNA Towers, a new 45-story, twin tower mixed-use project that BH3 is co-developing with The Traina Companies, led by Joseph R. Traina Jr.
DNA Towers will span 1,428,920 square feet and stand at 500 feet tall at 300 and 330 North Andrews Ave., ranking them amongst the tallest buildings in Fort Lauderdale. The approved site plan consists of 612 residential units, 74,246 square feet of retail and commercial space across the first two levels, and a seven-story parking garage with 890 spaces.
“We strive to incorporate, serve, and enhance the visceral elements within the communities we develop, and this project speaks to that in every way,” said Freedman. “Our goal was to propose a project that would preserve and enhance the light and space in Flagler Village, hence DNA’s modern and sleek design by Sieger Suarez Architects.”
The DNA Towers development site is situated between Fort Lauderdale’s Central Business District and Flagler Village within walking distance of the Brightline Fort Lauderdale train station. The gateway project’s dynamic design is specifically tailored to incorporate the old with the new to easily place it into the neighborhood. The lower-level façade thoughtfully fits into the area’s established pedestrian urban fabric and streetscape while complementing the rest of the buildings’ edgy industrial look and feel.
“Flagler Village is Fort Lauderdale’s next up-and-coming, trendy live-work-play neighborhood, similar to Wynwood in Miami, and we are excited to be a part of its evolution,” said Lebensohn. “As more people recognize the north side of downtown Fort Lauderdale as, not only a viable option, but a special one, more businesses and entrepreneurs will migrate to the area to serve the new residents, and we anticipate DNA will perform an iconic purpose in that.”
DNA Towers is one of several investments BH3 has made in recent years within Fort Lauderdale’s urban core. The firm controlled an approximate 50% ownership stake in the Icon Las Olas luxury apartments at 500 E Las Olas Blvd., completed the adaptive reuse project dubbed Fabrick at 819 NE 2nd Ave., where BH3 relocated its South Florida offices to in 2021, and redesigned the building that is home of the popular Chops + Hops Axe Throwing Lodge at 702 NE 1st Ave.
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