Miami Fort Lauderdale, FL, July 2, 2026 —

The largest new construction permit issued last week in Fort Lauderdale was for an $11.8 million affordable housing development. Pinnacle, the developer behind the project, received the permit for the construction at 6520 North Andrews Avenue.

This significant project represents the second phase of the Pinnacle at Cypress development. The permit allows for the construction of new affordable housing units, addressing a critical need within the community.

The value of the permit, totaling $11.8 million, underscores the scale of the investment in developing more affordable housing options. Further details regarding the timeline for construction or the number of units to be developed were not immediately available.

The location at 6520 North Andrews Avenue will serve as the site for this expansion of the Pinnacle at Cypress development, aiming to provide much-needed housing solutions.



Story summarized from the original created by Eman Elshahawy, Matthew Elo on therealdeal.com, see more information here.

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Author: SignalNews