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Pinnacle housing project, Bal Harbour Shops expansion among top construction permits for week ending July 1, 2026
By Eman Elshahawy, Matthew Elo at The Real Deal
· July 2, 2026
· 1 min read
🏆 New Building: The largest new building permit issued last week was for an $11.8 million construction project at 6520 North Andrews Avenue in Fort Lauderdale. The permit is associated with developer Pinnacle’s proposed two-building affordable housing development Pinnacle at Cypress. This marks the
Key takeaway 8 million construction project at 6520 North Andrews Avenue in Fort Lauderdale.
Why this matters in The Miami
The issuance of a construction permit for Pinnacle's affordable housing development in Fort Lauderdale has implications for Miami 's own efforts to address affordability. As Miami-Dade County continues to grapple with rising housing costs, the success of similar projects in neighboring cities will be closely watched. The Pinnacle at Cypress development, with its focus on affordable housing, may provide a model for addressing the pressing need for affordable options in Miami. Meanwhile, the permit issued for a new construction project on South Venetian Way in Miami suggests that luxury development continues to drive growth in the city. The contrast between these two projects highlights the ongoing tension between affordable housing and luxury development in South Florida, with Miami's own neighborhoods such as Little Havana and Wynwood facing increasing pressure from gentrification and rising costs.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: July 2, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 New Building: The largest new building permit issued last week was for an $11.8 million construction project at 6520 North Andrews Avenue in Fort Lauderdale. The permit is associated with developer Pinnacle’s proposed two-building affordable housing development Pinnacle at Cypress. This marks the
When was this published? This article was first published on July 2, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy, Matthew Elo at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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