Alta pays $21M for downtown Fort Lauderdale multifamily dev site
Raimundo Onetto’s Alta Developers bought a downtown Fort Lauderdale development site, taking over construction of a long-planned — but never built — 35-story apartment tower.
Alta purchased the 1-acre vacant property at 100 Southwest Sixth Street for $20.8 million, records show. The land is on the southeast corner of Southwest Flagler Avenue and Southwest Sixth Street, as well as just east of the Florida East Coast Railway train tracks and roughly three blocks south of the New River.
