FORT LAUDERDALE — Carlisle Development Group and the Housing Authority of the City of Fort Lauderdale have started construction on Northwest Gardens III, a $32.5 million development designed for very low and low income families.
This is the second phase of development in a larger master plan for Fort Lauderdale’s Northwest neighborhood.
The development, which is being built at 835 NW 13th Ter., will include 150 units comprising 84 three, four and five-bedroom townhomes and 66 two and three-bedroom units.
Northwest Garden III’s amenities will include a resident-tended community garden and a multi-functional community center with a library and computer lab for residents.
Unit amenities will include air conditioning, cable TV hook-ups, ceiling fans and window treatments, as well as energy and water conservation features.
In an attempt to enhance the quality of living for the residents, special programs and activities such as financial counseling, health screening and homebuyer seminars will be implemented at no cost to them.
About 100 people attended the groundbreaking on Jan. 28, including Fort Lauderdale Mayor Jack Seiler and City Commissioners Bobby DuBose and Charlotte Rodstrom.
The bulk of the funding is coming from Raymond James, $16,963,304, and Gibraltar Private Bank & Trust, $8,775,000. Funds are also coming from ARRA Exchange Credits (TCEP Loan), $5,000,000; FHFC ELI TCEP (Exchange) Loan, $1,275,000; and Broward County HOME Loan, $ 285,000.
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