The Arcadian, a transformational mixed-use development in Fort Lauderdale’s Sistrunk District, officially celebrated its grand opening today with a ribbon-cutting ceremony and time capsule installation. The event marked a significant milestone in the neighborhood’s revitalization and the city’s commitment to attainable housing and economic development.
“The completion of The Arcadian confirms the city’s commitment to helping build affordable housing in our community,” said Mayor Dean Trantalis. “It also creates space for small businesses, entrepreneurs and local economic growth in the heart of the Sistrunk District.”Developed by Fuse Group and KREA Developments,
The Arcadian features two eight-story buildings with 502 residential units, comprising studios, one-bedroom and two-bedroom apartments. A total of 151 units are designated for high-quality attainable housing, including residences reserved for qualified tenants earning 100 percent to 120 percent of the area median income. The development includes approximately 15,000 square feet of ground-floor commercial space designed to support small businesses and entrepreneurs, along with a parking garage with 629 spaces. Backed by the City of Fort Lauderdale Community Redevelopment Agency (CRA) with a $10 million investment, The Arcadian represents a significant step forward in the Sistrunk District’s resurgence.