Meyers Accesso, a joint venture between Meyers Group and Accesso, is planning to build an eight-story apartment complex called Avery Cypress Creek in Fort Lauderdale’s Cypress Creek neighborhood. The project will feature 200 one- and two-bedroom units at 6210-6282 North Andrews Avenue.
The development site spans 2.2 acres and was purchased from Double Mountain Development Ventures. Meyers Accesso secured a $1.6 million loan from Sky 18 Capital for the acquisition. Dave Preston and Jonathan Carter of Colliers represented the seller in the transaction.
Avery Cypress Creek is located within Uptown Urban Village, an area that has been targeted by city officials for mixed-use development since Fort Lauderdale approved its master plan in 2019. The district extends from McNab Road and the C-14 canal south to Northwest 57th Street, and from I-95 west to Powerline Road.
Several other multifamily projects are underway or recently completed in Uptown Urban Village. Grover Corlew is building Mayla Cypress, a 312-unit apartment project nearby, while Fairfield Residential finished the seven-story Treo Apartments with 295 units last year at 6500 North Andrews Avenue. Pinnacle also has plans for affordable housing with two buildings totaling nearly 200 units on North Andrews Avenue.
Meyers Accesso’s recent activity includes completing Avery Lake Worth, a two-building, 200-unit project in Lake Worth Beach last year. The joint venture also acquired the Atrium at Broken Sound office building in Boca Raton for $25 million last year.
Meyers Group was founded about ten years ago by Stuart I. Meyers and is now led by CEO Alan Losada. The company focuses on developing market-rate and affordable apartments under its Avery brand, often utilizing low income housing tax credits allocated by the state.
Accesso was established over two decades ago by Ariel Bentata, Moises Benzaquen, and Claudio Dombey. According to its website, it has owned and managed more than $3.3 billion in properties nationwide.
In January this year, Accesso bought Sawgrass Lake Center in Sunrise for $36.5 million—a purchase price that reflected a significant discount compared to its previous sale value.
South Florida’s multifamily sector has slowed over the past year due to reduced migration into the region and an oversupply of apartments, resulting in lower rents and slower leasing activity.
Despite these trends, developers remain optimistic that demand will rebound as new projects are completed through next year and into 2027.
Elsewhere in Fort Lauderdale’s rental market, Affiliated Development obtained an $80 million construction loan earlier this year for The Era—a planned eight-story building with 400 apartments—and Fuse Group is moving forward with Arcadian, another eight-story project featuring 480 apartments plus retail space at Northwest Seventh Avenue.
