Terrasse: 765 Homes in Two 36-Story Fort Lauderdale Towers
Terrasse is a proposed $725 million project that would put 765 homes on the closed Winn-Dixie plaza at 1625 and 1645 Cordova Road, off Southeast 17th Street in Fort Lauderdale. Filed plans reported on August 1, 2026 by the South Florida Sun Sentinel call for two 36-story condominium towers rising 400 feet with 222 and 228 luxury condominiums, plus a 19-story, 200-foot tower holding 315 workforce housing apartments. Because it is filed under Florida's Live Local Act, it needs no commission vote, only administrative approval by city staff. Fort Lauderdale is outside my core luxury Miami focus, but Broward buyers ask about this corridor, so I track it.
A $725 million Live Local Act filing on Cordova Road: two 400-foot condominium towers with 450 luxury condos, a 315-unit workforce housing tower, and two parking garages, under city staff review.
A Live Local Filing That Skips the Commission Vote
"The thing I tell Broward buyers about a Live Local filing like Terrasse is that the approval math is different from everything else on that street. There is no commission vote to lobby, so the neighborhood pushback you read about does not change the outcome the way it would on a normal rezoning. What it does change is what you are buying next to: the workforce tower is locked in for thirty years by statute. Price that in as a permanent feature of the address, not a temporary one."Gerardo Gonzalez, Licensed Real Estate Agent at Compass
On August 1, 2026, the South Florida Sun Sentinel reported that plans had been filed to replace the closed Winn-Dixie plaza at 1625 Cordova Road and the former Crown Liquors store at 1645 Cordova Road with a project called Terrasse. The filing covers roughly three acres just off Southeast 17th Street and carries a stated cost of $725 million. the South Florida Business Journal reported the filing on August 5, 2026.
The program is three towers. Building 1 rises 36 stories to 400 feet with 222 luxury condominium residences and 1,724 square feet of commercial space. Building 2 matches it at 36 stories and 400 feet with 228 luxury condominiums and 1,499 square feet of commercial space. Building 3 rises 19 stories to 200 feet and is given over entirely to workforce housing, 315 apartments. Two parking garages, one of nine floors and one of eight, serve the site. That is 450 for-sale condominiums and 315 rental apartments, 765 homes in total.
The mechanism matters more than the massing. Terrasse is filed under Florida's Live Local Act, which removes qualifying projects from the city commission and planning board process entirely and routes them through administrative review by city staff. Under the Act, 40 percent of the apartments must qualify as affordable housing and stay that way for 30 years. The site also falls inside Fort Lauderdale's Regional Activity Center zoning district and within a mile of downtown, where Robert Lochrie, the land-use attorney representing the applicant, says no height cap applies, subject to Federal Aviation Administration review. Lochrie told the Sun Sentinel a letter of no objection from the FAA is forthcoming, and that the application was designed without requesting any variances or waivers.
The developer is not public. A city spokesman said no developer is identified on the application, only the property owner, and the three-acre parcel is owned by Amy Loos Mergler and John Thompson Loos III. Lochrie described his clients as a local group of experienced real estate developers but declined to name them. That is the single biggest open question here, and it is the reason this page carries no renderings and no pricing: neither has been released, and I will not publish a number I cannot trace to a named source.
Opposition is real but structurally weak. Mayor Dean Trantalis called the project inappropriate and in the wrong place, pointing to shading of nearby homes and pressure on above-ground and underground infrastructure. Vice Mayor Ben Sorensen said he expects to field complaints and is working with the city attorney on the city's options. Leaders of the Lauderdale Harbors Improvement Association and the Rio Vista Civic Association raised traffic on Southeast 17th Street, a corridor they describe as already strained. None of that carries a vote under the Live Local process.
Terrasse is not the first Live Local project on this stretch. The Quay, in the 1500 block of Southeast 17th Street, was approved in late 2025 and is moving through pre-construction planning: a 33-story, 380-foot tower with 521 apartments, 304 at market rate and 217 reserved as affordable, by Related Group, BH Group, and PEBB Enterprises. Terrasse would be larger, taller, and partly for sale rather than entirely rental, which is what makes it worth tracking for buyers rather than only for renters.
If it clears staff review, Lochrie said the project could break ground as soon as mid-2027 or early 2028, with about two years of construction and completion in 2029 or early 2030. It remains under city review today. This is not a luxury Miami pre-construction tower, my core focus, but it is the largest for-sale filing on the 17th Street corridor right now, and I track it for clients weighing Broward. For a straight read on how it fits a buying plan anywhere in South Florida, call me at 305-964-8614 or visit the contact page.
The Site and the 17th Street Corridor
No developer renderings have been released for Terrasse, because the developer behind the application has not been publicly identified. The images below are licensed context photography of the Fort Lauderdale corridor the project would join, not depictions of the proposed towers.
Three Towers, 765 Residences
Per-building counts below are from the filed plans as reported August 1, 2026. No unit mix, sizes, or pricing have been published. These figures describe an application under review, not an approved or selling project.
- Height36 stories, 400 ft
- Residences222 luxury condos
- Commercial1,724 sq ft
- TenureFor sale
- Height36 stories, 400 ft
- Residences228 luxury condos
- Commercial1,499 sq ft
- TenureFor sale
- Height19 stories, 200 ft
- Apartments315 units
- Affordable Set-Aside40% for 30 years
- TenureRental
Last verified August 2026. Building counts, heights, commercial areas, cost, and timeline are from the South Florida Sun Sentinel (August 1, 2026) and the South Florida Business Journal (August 5, 2026). No pricing, unit sizes, floor plans, or sales launch have been published, and the developer has not been publicly named. Contact us rather than relying on any unsourced figure.
1625 Cordova Road: Off SE 17th Street
The site sits on Cordova Road just off Southeast 17th Street, near the port, the convention center, and the airport, which is the proximity argument the applicant makes for the density. Drive times below are approximate.
| Fort Lauderdale Beach | 6 min |
| Port Everglades | 5 min |
| Broward County Convention Center | 4 min |
| Las Olas Boulevard | 8 min |
| Downtown Fort Lauderdale | 9 min |
| Fort Lauderdale Airport | 10 min |
| Brightline Station | 10 min |
| Miami | 45 min |
Drive times are estimates and vary with traffic. For a full read on the area, contact Gerardo Gonzalez.
Applicant and Approval Path
A City of Fort Lauderdale spokesman said no developer is identified on the application, only the property owner. The three-acre parcel is owned by Amy Loos Mergler and John Thompson Loos III. The land-use attorney described his clients as a local group of experienced developers but declined to name them.
Lochrie represents the applicant and told the Sun Sentinel the site is a logical Live Local location given proximity to the airport, the port, Interstate 95, the convention center, and Broward Health. He said the package was designed without requesting variances or waivers.
The Act exempts qualifying projects from city commission and planning board approval and routes them through administrative staff review, with 40 percent of apartments held affordable for 30 years. Regional Activity Center zoning within a mile of downtown carries no height cap, subject to Federal Aviation Administration review.
Terrasse Fort Lauderdale: Frequently Asked Questions
Terrasse sits outside my core luxury Miami focus, but Live Local filings are reshaping what gets built in Broward, and I follow them. If you are buying or selling along the Fort Lauderdale coast, or anywhere in South Florida, I will give you a straight, independent read.