Miami-based Moderno Development Group is proceeding with ArtHaus after securing site plan approval from Fort Lauderdale city officials.
The venture, formerly known as the 500 Art Lofts, will measure 26 stories above grade and comprise 265 residences –– 43 of which would be designated as workforce housing for tenants earning up to 120 percent of the area median income (AMI). Broward County’s median income was $89,100 as of 2024.
The venture will host a seven-story parking podium. Image by Dorsky + Yue Architecture
Dorsky + Yue Architecture is the architect. It designed ArtHaus to feature a seven-story parking podium with 315 spaces, along with 4,700 square feet of commercial space. The building’s communal amenities would be located on the eighth floor, featuring a resort-style swimming pool, lounge, and co-working space.
As noted, Moderno Development Group is the developer. The firm assembled the build site through multiple transactions from 2018 to 2021 for a combined $6.7 million. The 500 Art Lofts was to measure 27 stories and feature 290 apartments, 71 of which would’ve been workforce housing.
ArtHaus is set to occupy a six-parcel site, including 500, 510, 512, and 514 Southwest Third Avenue and at 501 and 503 Southwest Second Avenue, Fort Lauderdale, Florida, 33301, in Broward County.
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