Newgard Development Group has completed the Gale Residences Fort Lauderdale Beach, the 129-unit hotel-condo project which is located at 401 Bayshore Drive and part of the Gale Boutique Hotel & Residences project. Closings are expected to begin soon with a roughly $100 million sell-out.
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Gale Residences Fort Lauderdale to Break Ground Next Week
Newgard Development Group's 401 Bayshore Drive Gale Residences Fort Lauderdale Beach has reached over 70% sold and will break ground next week. The project is a 12 story, 129 unit luxury condo residence with a 96 unit boutique hotel, all operated under the Gale brand by Menin Hospitality. The construction will preserve the beachfront landmark structure from 1948.
Units in the residences range from 1 to 3 bedrooms and 800 to 2,100 SF. Opening price points are in the low $500,000s. The building will be modern and tech savvy, amenities include smart building technology, electric vehicle charging stations and electric bikes. There will also be resort style amenities, both shared with the hotel and private for residents. a state-of-the-art fitness center, outdoor fitness enter, rooftop pool and lounge.