Las Olas Boulevard is in the middle of a significant transformation, with two major luxury condominium towers, a flagship luxury retail building, and city-funded pedestrian improvements all planned or underway. Together, Icon Las Olas and Andare represent 435 planned residences, reshaping what buyers and investors can expect from this corridor.
What luxury developments are changing Las Olas Boulevard right now?
Las Olas Boulevard is in the middle of a significant transformation. Two luxury condominium towers, Icon Las Olas and Andare, together represent 435 planned residences on or near the corridor. A five-story flagship luxury retail building received preliminary approval in May 2026, and the city approved a pedestrian mobility plan for the boulevard in February 2026. For buyers and investors, each project is at a different stage, and treating them all as equivalent is a mistake that can cost you timing and money.
Key Takeaways
- Icon Las Olas, at 500 E. Las Olas Boulevard, is planned at 35 stories, 454 feet, and 272 residential units, per the City of Fort Lauderdale’s July 2026 Downtown Development Map.
- Andare, a Related Group development on the Las Olas corridor, broke ground in 2025 and is reported to have 163 residences across 46 stories, with reported initial pricing starting at $2.22 million and a projected 2027 delivery.
- Las Olas Isles, the waterfront neighborhood directly connected to this corridor, carries a median sale price of $4,820,500 based on recent local market data, the highest of any area I track in greater Fort Lauderdale.
- The city approved pedestrian mobility improvements for Las Olas Boulevard in February 2026, signaling that the transformation extends beyond private towers to the public realm itself.
- A reported launch price for a new condominium is not the same as a closed-sale price, evaluating any pre-construction purchase requires current developer sales data, not just a headline number.
What projects are reshaping the changing Las Olas Boulevard corridor?
When people ask me about Las Olas Boulevard, I tell them the same thing I tell every client who walks in focused on a single address: the corridor is not one thing. It runs from the edge of downtown Fort Lauderdale all the way to the beach, and the development activity happening along it right now is the most concentrated I have seen in over two decades of working this market.
Here is what is actually in the pipeline, based on the city’s own records and verified reporting.
Icon Las Olas: 272 residences at 500 E. Las Olas Boulevard
Icon Las Olas is identified on the City of Fort Lauderdale’s July 2026 Downtown Development Map as a planned project at 500 E. Las Olas Boulevard. The planned specs: 35 stories, 454 feet, 272 residential units, and 14,922 square feet of retail and restaurant space at street level. That is a meaningful addition to a corridor that already defines Fort Lauderdale’s luxury identity.
The retail and restaurant component matters as much as the residential count. Street-level activation at that scale changes the pedestrian experience of the block, which in turn affects the desirability, and value, of nearby properties.
Andare: 163 residences, Related Group, projected 2027 delivery
Andare is a Related Group development on the Las Olas corridor that reportedly broke ground in 2025. According to industry reporting, the project is planned at 46 stories and 163 residences, with a projected delivery in 2027. Reported initial pricing starts at approximately $2.22 million.
That reported launch figure is worth understanding clearly. It is an asking or launch-price figure from the developer’s sales process, not a recorded closing price. Pre-construction pricing can shift between contract and close, and the gap between a launch number and a delivered unit’s appraised value is something I walk every pre-construction buyer through before they sign anything. If you want a deeper look at how Andare stacks up against other new construction on this corridor, I covered the comparison in detail in How Andare and The Whitfield Are Reshaping Las Olas Condo Values.
Weston Jewelers: a flagship luxury retail destination
Not every significant project on this corridor is residential. In May 2026, the city granted preliminary approval for a five-story luxury retail building at 221–229 SE 12th Avenue and 1117–1121 E. Las Olas Boulevard, designed by Arquitectonica for Weston Jewelers. According to The Real Deal, the planned brand mix includes Rolex, Cartier, Omega, Breitling, and Chopard, along with independent jeweler space, bridal jewelry, and a fourth-floor family office.
Those are planned commitments, not confirmed open businesses. But the intent matters: a flagship luxury retail destination of that scale, designed by one of South Florida’s most recognized architecture firms, is a signal about where Las Olas is positioning itself in the regional luxury market.
The Dalmar Hotel (Tribute)
The city’s July 2026 development map also identifies the Dalmar Hotel, also known as Tribute, as a planned downtown project with 24 stories, 323 hotel units, and 10,897 square feet of retail and restaurant space. Hotel inventory at this level supports the overall hospitality and dining ecosystem that makes a luxury residential corridor function, it is part of the picture even if you are focused purely on residential purchases.
How does the changing Las Olas Boulevard affect buyers and investors?
The honest answer is: it depends on what you are buying and when.
Icon Las Olas and Andare together represent 435 planned residences on or near the corridor. That is a meaningful addition to the supply side. How that supply lands, and whether it pressures or supports values in the surrounding neighborhood, depends on absorption, delivery timing, and where the broader South Florida luxury market sits when those units close. Those are questions that require current MLS and developer sales data, not a blog post.
What I can tell you from working this market for more than 20 years is that the Las Olas corridor and the waterfront neighborhoods connected to it have consistently commanded a premium that reflects both lifestyle and scarcity. Recent local market data shows the Las Olas Isles median sale price at $4,820,500, the highest of any area I track in greater Fort Lauderdale. For context, here is how the surrounding areas compare:
| Area | Median Sale Price | Median Days on Market |
|---|---|---|
| Wilton Manors | $575,000 | 49 |
| Oakland Park | $397,500 | 69 |
| Pompano Beach | $340,000 | 18 |
| Lighthouse Point | $981,175 | 33 |
| Victoria Park | $800,000 | 46 |
| Las Olas Isles | $4,820,500 | 52 |
| Coral Ridge | $1,650,000 | 56 |
| Poinsettia Heights | $698,500 | 41 |
These are area-level medians from recent local market data. An individual home’s value varies by condition, street, build year, and timing, and a pre-construction condominium purchase involves a different set of considerations entirely. If you are weighing that decision, How to Choose Between Luxury New Construction Condos and Established Buildings in Fort Lauderdale walks through the key factors.
The public-realm piece most buyers overlook
Private towers get the headlines, but the city’s investment in the public realm is equally important for anyone evaluating this corridor long-term. In February 2026, the Fort Lauderdale City Commission approved conceptual design plans for the Las Olas Boulevard Mobility Improvements project, aimed at making the corridor more pedestrian-friendly. Separately, the city’s July 2026 beach development materials identify a Las Olas Boulevard project involving a four-level parking garage, improvements to the oceanfront park, and plaza work at the beach end of the corridor.
Better pedestrian circulation, more shade, and improved parking at the beach end are not glamorous. But they are the kind of infrastructure improvements that make a luxury corridor function at the level its residential towers demand. I pay attention to this because my clients live here, and a building that delivers in 2027 into a corridor that is also completing its streetscape improvements is a different proposition than one delivering into construction chaos.
Final design and construction timing for both public projects should be confirmed directly with the city before you make any decisions based on them.
If you are seriously evaluating a purchase on or near Las Olas, whether pre-construction, resale, or investment, your specific numbers depend on the building, the unit, the current developer sales pace, and what the resale market is doing right now. That is exactly the kind of analysis I run with clients before we ever make an offer. Book a conversation with me and I will give you a real picture of what this corridor looks like from the inside.
You can read what past clients have said about working with me on Google and Zillow.
FAQ: Las Olas Boulevard Luxury Development
What luxury developments are being built on or near Las Olas Boulevard in 2026?
The most significant projects include Icon Las Olas (272 residences, 35 stories, planned at 500 E. Las Olas Boulevard), Andare (163 residences, 46 stories, a Related Group development that reportedly broke ground in 2025), and the proposed Weston Jewelers five-story luxury retail building at SE 12th Avenue and E. Las Olas Boulevard. The city’s July 2026 Downtown Development Map also identifies the Dalmar Hotel (Tribute) as a planned 24-story, 323-unit hotel project nearby. Each project is at a different stage of approval and construction.
How many residences will Icon Las Olas have?
According to the City of Fort Lauderdale’s July 2026 Downtown Development Map, Icon Las Olas is planned at 272 residential units across 35 stories and 454 feet, with 14,922 square feet of retail and restaurant space at street level. These are planned figures, always verify current status directly with the city or developer before making a purchase decision.
When is Andare in Fort Lauderdale expected to be completed?
Andare reportedly broke ground in 2025, with a projected delivery in 2027 according to industry reporting. Developer-targeted delivery dates are projections, not guarantees, and construction timelines in South Florida can shift. If you are considering a pre-construction purchase at Andare, I would verify the current construction schedule and sales pace directly with the developer’s sales team before committing.
What will the new Weston Jewelers building bring to Las Olas Boulevard?
The proposed five-story building, designed by Arquitectonica, received preliminary approval from the city in May 2026. The planned brand mix includes Rolex, Cartier, Omega, Breitling, and Chopard, along with independent jeweler space, bridal jewelry, and a fourth-floor family office. These are planned and proposed uses, none of the brands should be treated as confirmed open tenants until the building is complete and leases are executed.
Will the Las Olas mobility project make the boulevard more walkable?
The Fort Lauderdale City Commission approved conceptual design plans for the Las Olas Boulevard Mobility Improvements project in February 2026, with the stated intent of making the corridor more pedestrian-friendly. Final design, construction timing, and scope had not been confirmed as complete as of October 2026, check directly with the city for current project status before factoring it into a purchase decision.
Is buying in a new Las Olas condominium a good investment?
Whether a pre-construction purchase on Las Olas makes sense depends on the specific building, your timeline, how you plan to use the unit, and what the resale market looks like when you are ready to sell or lease. The Las Olas corridor commands some of the highest prices in greater Fort Lauderdale, recent local market data shows Las Olas Isles at a median sale price of $4,820,500, but a reported launch price is not the same as a closed-sale price, and pre-construction purchases carry risks that resale purchases do not. The right answer requires a conversation, not a general rule.
The Las Olas corridor is changing at a pace I have not seen in two decades of working this market. Getting ahead of that change, or simply making sure you understand exactly what you are buying into, starts with a real conversation. Schedule a call with me and I will walk you through the current pipeline, the resale market, and what both mean for your specific situation.
Equal Housing Opportunity. Scott Morreau, P.A. is a Broker Associate with Real Broker, LLC, licensed in Florida since 2001 and regulated by the Florida Real Estate Commission. This article is general information only and is not legal, tax, or financial advice. Confirm your own numbers with your title company, tax advisor, or lender. Real Broker, LLC main office: 8291 Championsgate Blvd., Championsgate, FL 33896. Office at 2312 Wilton Drive is not a registered branch office and is not open to the public; meetings by appointment only.