Meyers Accesso, a joint venture between Meyers Group and Accesso, is planning to build a 200-unit apartment complex in the Cypress Creek neighborhood of Fort Lauderdale. The proposed development, named Avery Cypress Creek, will be located at 6210-6282 North Andrews Avenue.
According to public records and the company’s website, Meyers Accesso purchased the 2.2-acre site from Double Mountain Development Ventures. The purchase was financed with a $1.6 million loan from Sky 18 Capital. Dave Preston and Jonathan Carter of Colliers represented Double Mountain Development Ventures in the transaction.
The planned eight-story building will offer one- and two-bedroom apartments. The site falls within Uptown Urban Village, an area that has been identified by local officials as suitable for more mixed-use projects. Fort Lauderdale approved a master plan for this district in 2019 to encourage new developments.
Several other projects are also underway or recently completed in Uptown Urban Village. Grover Corlew is developing Mayla Cypress, a 312-unit apartment project nearby, while Fairfield Residential finished Treo Apartments last year with 295 units. Pinnacle has plans for an affordable housing project consisting of two buildings totaling 196 units at another location on North Andrews Avenue.
Meyers Accesso has been active elsewhere in South Florida as well. Its recent projects include Avery Lake Worth in Lake Worth Beach and the acquisition of Atrium at Broken Sound office building in Boca Raton last year for $25 million. The joint venture was formed in 2022.
Meyers Group is led by CEO Alan Losada and focuses on both market-rate and affordable apartments, hotels, and condominiums. It was founded about ten years ago by Stuart I. Meyers, who passed away this summer at age 83. Many of its multifamily projects use the Avery brand name and rely on low income housing tax credits allocated by the state.
Accesso has operated for over twenty years under leaders Ariel Bentata, Moises Benzaquen, and Claudio Dombey. The firm has managed more than $3.3 billion in properties across more than 18 million square feet of offices and over 1,000 residential units nationwide. In January, Accesso bought Sawgrass Lake Center in Sunrise for $36.5 million—a significant discount compared to its previous sale price in 2018.
Accesso has experienced some financial challenges with its office holdings in Chicago and Houston.
The multifamily market in South Florida has slowed down since last year due to reduced migration into the region and an oversupply of apartments leading to lower rents and slower leasing activity. Developers remain optimistic that demand will recover by the time current projects are completed next year or in 2027.
Other major developments in Fort Lauderdale include Affiliated Development’s Era project—an eight-story building with 400 apartments funded by an $80 million construction loan—and Fuse Group’s Arcadian complex with 480 apartments and retail space at Northwest Seventh Avenue.
