Fort Lauderdale city commissioners approved a denser, 378-unit redesign of an 11 Andrews Avenue mixed-use tower whose development site sits in a federally designated 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.
Sources
Original reporting by Daniel Cho 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.
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