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Developer Luis Estrada, Mayor Trantalis, Vice Mayor Glassman, Developers Vivian Bonet and Carlos Lopez

Latitude Group Breaks Ground on The Terraces in Fort Lauderdale Beach

May 16, 2024

Latitude Group, a South Florida developer known for its high-end residential projects, has broken ground on The Terraces, a boutique condominium project in Fort Lauderdale. The Terraces will feature only 22 exquisitely designed residences, offering an unparalleled level of privacy and exclusivity. Each residence will boast spacious floor plans, high-end finishes, and expansive balconies with breathtaking water views. Amenities will include resort-style pool with private cabanas as well as a state-of-the-art fitness center and outdoor yoga terrace.

“The Terraces is designed for the discerning homeowner who desires a luxurious and intimate living experience,” says Carlos Lopez, Co-Founder of Latitude Group. “He continued,  “With only 22 units, residents will enjoy a sense of community while also having access to the best that Fort Lauderdale beach has to offer. We are excited to be part of this community and looking forward to delivering an exceptional project that will deliver something new to the market.”

The Terraces is ideally located in the heart of Fort Lauderdale beach, close to world-class beaches, vibrant nightlife, and upscale shopping and dining. Residents will also have easy access to major highways and Fort Lauderdale-Hollywood International Airport.

The project is the only pre-construction development in Fort Lauderdale beach offering luxury living in a boutique environment. Designed by world-renowned South Florida-based architecture firm GarciaStromberg, the building features all-corner residences enhancing both privacy and views. 

Dan Texiera, Vice President of Business Development at Douglas Elliman Development Marketing and the sales director for The Terraces says, “The Terraces isn't just about creating luxurious residences; it's about elevating the Fort Lauderdale lifestyle. Our boutique design fosters a close-knit community while offering spacious living perfect for enjoying the South Florida lifestyle. Residents will be steps from the vibrant energy of Fort Lauderdale, yet enjoy the tranquility of a private oasis just minutes to the beach or the Intracoastal. The Terraces is poised to become a landmark, offering a new standard for luxury living in Fort Lauderdale.”

Inside the boutique building is finished with a discerning eye, led by interior designer Marcela Lombana. Light oak, marbled tiling and touches of sky blue and sage green reflect the surrounding palette of South Florida’s beauty. 

Construction on The Terraces is scheduled to begin this month with a completion date in 2026. Winmar Construction has been selected as the general contractor. With an extensive portfolio showcasing world-class commercial interiors, hospitality, retail and restaurant projects, and more, Winmar Construction continues to deliver some of the most visible projects on the market. Working in both South Florida and the mid-Atlantic, their completed projects include the Shelborne Hotel, multiple Stephen Star restaurants including Le Zoo and Le Diplomate, the Faena sales gallery, AquaBlu and AquaVue. 

Latitude Group is a South Florida-based developer with a proven track record of success. The company is committed to creating luxurious and innovative living spaces that exceed the expectations of its discerning clientele. Led by co-founders Carlos Lopez and Luis Estrada, Latitude Group focuses on boutique luxury developments in the residential and mixed-used space. Also underway for the group is the first commercial new development project in Key Biscayne in over 10 years.

The Terraces Sales & Construction Teams

A Toast by Mayor Trantalis alongside Luis Estrada

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In Development, Development News, News, News & Features, Fort Lauderdale, Residential Tags News & Features, News, Development News, Development, Groundbreaking, Fort Lauderdale, The Terraces, Latitude Group, Residential, Featured
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