Galleria mall announces billion-dollar development plans

FORT LAUDERDALE: A $1 billion neighborhood of homes, senior-living apartments and hotel rooms, including a 45-story tower that could become Fort Lauderdale’s tallest building, may eventually rise around the Galleria at Fort Lauderdale.

The mall’s owner, Keystone-Florida Property Holding Corp., announced plans this week for seven buildings containing 1,600 apartments or condos and 150 hotel rooms, connected by tree-lined streets, walkways and bike lanes in what the company calls a walkable community off Sunrise Boulevard.

If approved by the city, construction would start in late 2015 and be completed in phases over seven years, mall executives said…

Full story covered in the Seniors Housing & Healthcare Trends.

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