On November 7, 2023, the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners approved a $10 million incentive to Sunshine Shipyard, LLC for the Arcadian Project, located at 640 NW 7th Avenue.
The Arcadian is a new mixed-use development currently under construction at the northeast corner of Sistrunk Blvd and Avenue of the Arts (NW 7th Avenue). The project will consist of two eight-story buildings with 480 residential units, 5,235 square feet of ground-floor commercial space and a parking garage with 606 spaces.
Of the 480 units, 48 will be set aside for affordable housing for residents with incomes less or equal to 100% of the Broward County median family income.
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