LYND Faces $12M Foreclosure Suit on Dania Beach Aileron

LYND faces a $12 million foreclosure lawsuit over missed 2025 loan payments on The Aileron, a planned 380-unit mixed-use condo tower at 90 S Bryan Rd in Dania Beach. Construction had not begun as of a March 2025 Sun Sentinel report.

The Aileron, also known as 90 Wave, calls for 380 units across 17 floors, rising 188 feet with 651,388 square feet. LYND is the developer, with architecture by Nichols Brosch Wurst & Wolfe.

The project was approved in January 2021 as part of the 760-unit Waves Dania Beach development, which paired 70 Wave and 90 Wave at 380 units each. To win commission approval, height was cut from 210 feet to 188 feet and commercial space to 19,700 square feet per building. It was renamed The Aileron after LYND joined original landowner Lally, the Dania Beach Marina Corp., as a development partner.

The partnership refinanced the 2.91-acre site with a $12 million loan in November 2023. Construction was slated for Q3 2024, then pushed to Q2 2025. Completion had been targeted for 2027.

Plans include 700 parking spaces, a fitness center, two pools, a yoga and Pilates studio, a rooftop bar, a community lounge, a gourmet community kitchen, and a juice bar. The site also holds the Dania Beach Marina Club with 12 boat slips, a marina boardwalk, and a tiki bar. The property sits on a canal across from Spirit Airlines headquarters, adjacent to Dania Pointe.