Beach Causeway's Terrasse: 765 Live Local Units in Fort Lauderdale
Richard Goldenberg's Beach Causeway LLC filed plans for a 765-unit Live Local project in Fort Lauderdale, with 306 units reserved as affordable.
Beach Causeway LLC, managed by developer Richard Goldenberg, has filed a site plan for Terrasse, a 765-unit, three-tower apartment project on the former Winn-Dixie site at 1625 and 1645 Cordova Road in Fort Lauderdale. The filing uses Florida’s Live Local Act to bypass the city’s standard zoning and height review, the same state law now driving a wave of megaprojects across Broward County. Fort Lauderdale-based Dorsky + Yue International submitted the plan on the 3.1-acre site, which an entity tied to property owners John Thompson Loos III and Amy Loos Mergler controls.
Why it matters
Terrasse is a live data point on what the Live Local Act actually costs a developer to unlock density without a rezoning fight. Goldenberg’s plan sets aside 306 of the 765 units, 40 percent, as workforce housing capped at 120 percent of area median income, in exchange for building two 36-story towers and a third at 19 stories on a site that could never clear conventional zoning at that scale. For developers assembling sites elsewhere in Broward, that 40 percent set-aside is now a visible benchmark for what the state law’s density and height bonus is worth on a comparable urban infill parcel, and how much affordable inventory a city extracts for granting it.
The numbers
The plan calls for 459 market-rate units alongside the 306 affordable units, split across two 36-story towers sharing a pool deck and a separate 19-story building with its own amenity deck. The project includes 3,200 square feet of commercial space and 1,230 parking spaces. Terrasse joins a growing pipeline of Live Local filings in South Florida, including a separate nine-tower, roughly 3,100-unit redevelopment planned for the Galleria mall on Sunrise Boulevard that has already cleared FAA height review for eight towers near 342 feet.
What’s next
The application now moves through Fort Lauderdale’s administrative review, the streamlined track the Live Local Act requires cities to use in place of standard zoning hearings and public rezoning votes. Watch for the city’s administrative approval letter, which will confirm whether the 40 percent affordable set-aside and unit mix survive staff review unchanged, and for whether Beach Causeway lines up a construction lender before breaking ground on a site this size.