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Florida: Opportunity Zone fund clears 378-unit Fort Lauderdale tower

Opportunity Zone Invest: OZ 2.0 News

Fort Lauderdale city commissioners passed a denser, 378-unit redesign of an 11 Andrews Avenue mixed-use tower whose development site sits in a federal Opportunity Zone. The site is held by Bachow Fam OZ Fund LLC, which can raise capital from investors seeking OZ tax deferral — an example of OZ capital backing downtown multifamily development in South Florida.

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Original reporting by the Opportunity Zone Invest Editorial Team for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice. Found an error? See our corrections policy or write to Opportunity Zone Invest.

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