Fort Lauderdale News from Fort Lauderdale, Florida • 37

FORT LAUDERDALE NEWS AND SUN-SENTINEL, Saturday, Oct. 10, 1964 1C LOCAL- STATE: NATIONAL WORLDWIDE REAL ESTATE AND BUILDING HIGHLIGHTS Millions Of Dollars Involved In Various Projects Harbor Beach, Adjoining ng Area Boom Ft. Lauderdale's Harbor Beach section and the adjoining area are humming with building activity these days. Millions of dollars are involved in the various projects which include a 19-story hotel tower, an 18-story condominium apartment building, a unique 150-unit inn, a sprawling 63-unit cooperative apartment, and a marina off the Intracoastal Waterway. In addition, a $1,500.000 aquarium is planned for the area, and there's the possibility that a well-known hotel chain may build a hostelry alone, Altogether, the i7th, St.

projects Causeway. have turned the Harbor Beach and 17th St. Causeway district into one of the city's more active building areas. The new $1,500,000 inn to be known as the Americana is under construction on the 17th St. Causeway, just east of Harbor Beach Plaza.

Three buildings including a structure with an unusual hyperbolic paraboloid concrete (Photo by Dillon Aerial Photography) THREE-STORY BUILDING IN FOREGROUND IS THE 'LAKE MAYAN' new high-rise structure under way amidst skyscrapers In Rainbow Homes Development Three New Models Opened conditioning and heating homes in the housing ven- ing priced as well as outdoor patios ture which is shaping up "Sunray," or porches. Garages are just south of Oakland Park with two featured in all three Blvd. and east of State two baths, models. Rd. 7.

III," a At the same time, the New designs include three builder reported that it the a three- baths. has now completed 85 bedroom, two-bath dwell- The 'SUNRAY' IS NEW TWO-BEDROOM, TWO-BATH DWELLING Rainbow Homes offering now open in Lauderdale Lakes THE 'NOVA III' CONTAINS THREE BEDROOMS, TWO BATHS it and other two models feature enclosed garages 3 roof will comprise the Americana Inn complex which is expected to be completed early in January of next year. On the first floor of the main building will be a coffee shop accommodating 65 persons, a dining-meeting room with a capacity of 100, the kitchen, two administrative offices, lobbies, and other facilities. A bar and cocktail lounge accommodating 70 guests will be located on the second floor. 2 BUILDINGS The Americana's 150 rental units will be located in two three-story buildings, separated from the main structure by a landscaped patio with swimming and wading pools.

Acquisition of the property for the inn was arranged by L. C. Judd and responsible for the development of most of the Harbor Beach residential area. A new 19-story hotel skyscraper is presently being added to the vast Pier 66 complex on the north side of 17th St. Causeway.

The Pier 66 Tower Hotel, as it's called, will feature 13 floors of guest rooms and will have complete convention and banquet facilities to accommodate 1,000 persons. REVOLVES It will be topped off with a revolving glass-enclosed cocktail lounge which will turn at the rate of one revolution per hour to provide guests with different views of the area. The Tower Hotel will add 156 rooms to Pier 66's present 102 rooms. Further east, work on a new garden-type cooperative apartment development is nearing completion. a swimming pool, sells for $16,990.

The model's kitchen offers custom-built cabinets with separate pantry closet, luminous ceiling and a full view of the screened patio area through a pass-through, six-foot sliding glass window. There is a combination family breakfast room in the home. Among the features of the "Sunbeam" is a sunken living room set aside from the line of traffic. The kitchens in all models contain the latest Hotpoint built-in eye-level oven ranges. Homes also include entrance foyers, marble window sills, master bedroom suites with dressing rooms and Roman type ceramic tile showers.

Roofed screened porches come with plastered ceilings and marble terrazzo floors. To eliminate dirt and sand sifting through the lower part of the screening, masonry block walls enclose the perimeter of the porches. CONTINUES Rainbow Homes is continuing its policy of offering a two-year warranty on each home, Leonard R. Turner, president of the firm, emphasized. Other models available at the Rainbow homes venture are the $11,690 "Sunstream," with two bedrooms and two baths; the $12,390 "Sundial," two bedrooms and two baths, and the $12,790 "Nova," three bedrooms and two baths.

Rainbow Homes is presently building in two other areas beside Lauderdale Lakes. The firm has completed 250 homes in Deerfield Beach and 170 residences in Delray Beach. All of its ventures feature sections designed primarily for retirees as well as for families with children. Known as the Lake Mayan Apartments, the $700,000 co-op is located at the south end of Mayan Lake, north of the huge Breakwater Towers. The three-story structure contains 63 apartments 21 on each floor, according to the developer, Investment Corp.

of Florida. FACILITIES Facilities of the cooperative will include a lakefront swimming pool, sunbathing patio, and 50-foot fishing and boat dock. Nearby, construction is under way on the 18-story Ever- glades House a towering condominium which will contain 161 apartments. A venture of General Builders the Everglades House being built at 2000 S. Ocean Dr.

is expected to be completed sometime in the early part of next year. Cost of the project is placed at more than $4,000,000. Designed in the shape of an arc, the condominium will be situated to provide a panoramic view of Port Everglades Inlet and the Atlantic to the south and the city to the northwest. Shaping up in the fast- growing 17th St. Causeway area is the new Aspinwall marina where will include a "boatel" facilities, and a new restaurant.

The huge aquarium will be located on the north side of 17th St. Causeway, across from entrance to Port Everglades. The 8.2-acre property extends north to the Seminole River. A three-story show tank, a shark moat, display tanks for salt water specimens, a manatee tank and a restaurant are among facilities planned for the aquarium, it was explained. (Staff photo by Lou Toman) EYE-CATCHING DESIGN FEATURED IN NEW AMERICANA INN it's part of $1,500,000 facility's main building Three new models are now open for inspection in the Rainbow Homes section of Lauderdale Lakes.

They range in price from $13,990 to $15,790, and include central air at $15,790, the a $14,990 home bedrooms and and the "Nova $13.990 house with bedrooms and two "Nova Ill" with 18 (Staff photo by Lou Toman) 19-STORY PIER 66 TOWER HOTEL IS UNDER CONSTRUCTION revolving cocktail lounge to sit atop structure THE '64 Sales Staying Far Ahead Of '63 Broward County's 1964 real estate sales climbed to nearly $270.000.000 in the past week. the Ft. Lauderdale Board of Realtors reported today. Real estate sales totaled $5,566,810 during the past period less than seven $7,050.817 racked up in the corresponding week of 1963. However, the current year's realty sales are still well out ahead of last year's pace.

Thus far in 1964, county real estate sales have reached $268,370,020. The same period of 1693 saw a figure of 204,772 posted, while 640 was recorded for the comparable period of 1962. County mortgages totaled only $5,103,278 in the past week down from the 000 racked up in the corresponding week of 1963. The same week of 1962 saw mortgages amount to $5,803,919. To date this year, mortgages have climbed to 192,482 as compared to a figure of $246,515,821 for the same period of 1963.

The same period of 1962 saw mortgages come to $238,496,508. Construction in Ft. Lauderdale continues to roll along, with this year's building permits far out in front of the 1963 pace. The realtor board said that city permits total 51.875,878 SO far this year. The figure is well in excess of the 211.420 recorded in same period of 1963, and also tops the $38,691,298 posted in the like period of 1962..