164 Affordable Units Under Construction at 821 NW 11th Ave, Fort Lauderdale

Federal Apartments is under construction at 821 NW 11th Avenue in Fort Lauderdale. The redevelopment delivers 164 affordable units across two five-story buildings totaling 192,019 square feet. MRK Partners is developing, with design by TAT (The Architectural Team).

The project replaces 88 units built in 1954 across 23 low-rise structures and a leasing office, all to be demolished. New units offer two-, three-, and four-bedroom floorplans. The 54-foot buildings feature stucco facades in yellow, white, gray, and brown. Plans include 173 surface parking spaces, 18 bicycle spaces, and roughly 3,000 square feet of ground-floor amenities: fitness center, community room, business center, playgrounds, and a courtyard.

MRK Partners bought the site for $12.65 million in June 2025 and closed a $48.57 million construction loan in August 2025. In October 2026, Berkadia secured $67 million in construction-to-permanent financing through its Private Placement Bond Program: $50 million tax-exempt and $17 million taxable. Broward County Commission approved $5 million in funding. The Section 8 HAP contract is preserved and extended through 2046, keeping all 164 units affordable.