Dependable Equities Plans a 47 story rental tower in Fort Lauderdale

Fort Lauderdale – A new 47 story tower may soon becoming to Fort Lauderdale. Dependable Equities, a Brooklyn based developer plans to add the project to their growing portfolio.

The buildings plans we will discussed Tuesday, led by Isaac Schlesinger and Rabsky Group co-owner Simon Dushinsky. The Fort Lauderdale Development Review Committee will have to decide if they will allow the project or not.

The property the building will sit on was paid back in June for a whooping 22.9 million dollars. The land registers just under 2 acres.

Standing at almost 530-foot, the building would include 830 apartments, about 13,000 square feet of commercial/retail space, over 950 parking spaces and nearly 20,000 square feet of open space, according to the developer’s application. The residential units would start at 400 square feet. ODA, led by founder Eran Chen, is designing the plans.

It could mark the tallest tower in Fort Lauderdale, surpassing 100 Las Olas, which is just under 500 feet tall.