Foundation Permits Filed for 45-Story Viceroy Residences in Fort Lauderdale

Foundation permit plans have been submitted to the City of Fort Lauderdale for Viceroy Residences Fort Lauderdale, a planned 45-story residential tower at 505 NE 2nd Street. The building is being developed by Naftali Group and designed by Arquitectonica, and it stands roughly 500 feet tall.

The project will include 251 condominium residences, with interiors handled by Rockwell Group and landscape architecture by EDSA. A representative for the developer said the foundation permit plans were filed during the first week of November, which marks the latest step in the permitting process.

Renderings show a slender glass tower with champagne-bronze metallic accents and curved balconies, rising from a multistory podium. Planned amenities include pools, fitness and wellness areas, spa space and resident lounges. A separate hospitality component will include a 15,000-square-foot private members' club and restaurant operated by The h.wood Group, along with concierge services tied to Viceroy Hotels & Resorts.

For developers and lenders, the filing signals that the project is moving from entitlement toward construction, so foundation design and financing timelines in the downtown Fort Lauderdale market should be tracked closely.