$54 Million Pre-Construction Loan Secured For ODA-Designed Skyscrapers In Fort Lauderdale
https://floridayimby.com/2026/07/54-mill...gned-skyscrapers-in-fort-lauderdale.html
By: Oscar Nunez 8:00 am on July 10, 2026
Dependable Equities, the South Florida division of Sky Equity Group, has secured a $54 million pre-construction loan from CDK Capital to advance its planned 45-story mixed-use tower at 101 SE 7th Street and 47-story mixed-use tower at 633 SE 3rd Avenue in Fort Lauderdale. Designed by ODA, the developments are located just south of the New River near Las Olas Boulevard and Downtown Fort Lauderdale, with construction anticipated to begin in early 2028.
The financing was arranged by Daryl Hagler and Allen Weinstein of CDK Capital and will support the planning and pre-development phase for the two high-rise communities. Combined, the developments are planned to span nearly 2 million square feet and yield approximately 1,460 condominium and multifamily residences, along with roughly 14,000 square feet of ground-floor commercial space.