Tavistock Unveils $175M Phase Two for Pier Sixty-Six

Tavistock Development has unveiled ambitious plans for the second phase of its Pier Sixty-Six redevelopment in Fort Lauderdale, proposing four mixed-use towers that will add 339 residential units and significant commercial space to the waterfront property.

The Orlando-based developer's latest expansion spans 8 acres on both sides of Southeast 17th Street, featuring buildings that rise 270 feet or approximately 25 stories each. The northern parcel will accommodate one tower with 101 residential units, while the southern section will house three buildings containing 90, 75, and 73 units respectively.

The development encompasses 185,600 square feet of new space, incorporating 56,400 square feet dedicated to retail, restaurant, and grocery operations alongside 29,000 square feet of office space. A centerpiece 14,000-square-foot boutique grocery store will anchor the retail component, complemented by 17,327 square feet of restaurant space and more than 25,000 square feet of additional retail offerings.

Waterfront amenities represent a significant focus of the project, with plans calling for one of Fort Lauderdale's largest waterfront promenades. The southern parcel will feature a 1-acre water basin, while expanded marina facilities and enhanced public waterfront access will strengthen connections between the resort and surrounding neighborhoods.

Public improvements include a community gathering space beneath the Southeast 17th Street bridge, developed through partnerships with the city and Florida Department of Transportation. The project also incorporates mobility upgrades and new public art installations designed to enhance the area's appeal.

Architectural planning positions ground-floor retail and restaurant spaces along the waterfront to maximize water views, while second-floor office space sits above integrated structured parking garages within each building. The design builds upon Tavistock's successful reopening of the renovated Pier Sixty-Six resort last year.

Tavistock's existing residential component has already demonstrated strong market performance. The developer completed its 31-unit Resort Residences project in 2024, followed by Azul, an 11-story condominium tower with 29 units that received its certificate of occupancy the same year. The 28-unit Indigo tower reached completion in 2023, with a penthouse unit selling to Randy and Rosalina Brecher for $14.5 million, establishing one of Broward County's highest-priced condominium transactions.

The broader Pier Sixty-Six redevelopment represents nearly a decade of planning and investment, transforming one of Fort Lauderdale's most recognizable waterfront properties along a major marine corridor. Cumulative condominium sales across the project's three existing residential buildings reached approximately $130 million as of last fall.

Tavistock previously secured a $175 million construction loan in 2023 from a banking consortium led by HSBC Bank USA to support development of two 11-story condominium buildings with 61 combined units and three hotel buildings totaling 325 keys. The upcoming phase represents the next chapter in this comprehensive waterfront transformation, pending Fort Lauderdale's development review process in the coming months.