Luxury Rental in Ft. Lauderdale Offers Residents Condo-Like Options

By Erika Schnitzer, Associate EditorFort Lauderdale, Fla.–The leasing center for Altman Development’s Satori, a 279-luxury mixed-use rental community in Fort Lauderdale, Fla., is slated to open in the next few weeks. Leasing will begin at that time.The leasing center features an interactive Sales Touch System, which allows prospective residents the ability to search for an…

By Erika Schnitzer, Associate EditorFort Lauderdale, Fla.–The leasing center for Altman Development’s Satori, a 279-luxury mixed-use rental community in Fort Lauderdale, Fla., is slated to open in the next few weeks. Leasing will begin at that time.The leasing center features an interactive Sales Touch System, which allows prospective residents the ability to search for an apartment on a 40-in. touch screen, using their own criteria. Additionally, Satori is the first rental community in South Florida to offer resident apartment customization. We have an actual sample of our kitchen and master bathroom in the leasing center, so prospective residents can walk in and see the selections, says Cathy Cabell, senior vice president of Altman Management Company. The development offers one-, two- and three-bedroom units, ranging in size from 872 to 1,579 sq. ft., with rents from $1,765 to $3,000 per month.Satori includes a number of green features, including the use of zero-VOC carpets and paints, high-efficiency air conditioning and appliances, programmable thermostats, and high-efficiency front-loading washers and dryers.The four-building community offers residents a two-story, 8,000-sq.-ft. clubhouse with fitness center, yoga studio, juice bar, spa treatment rooms, demonstration kitchen, game room, wine lockers and cigar humidors. A pool terrace includes a whirlpool spa, waterfall cascade and private cabanas, and a courtyard features fountains, a mediation garden and a dog park. Additionally, the community includes 12,149 sq. ft. of retail space and five stories of parking.The project is expected to be complete in late 2009. Despite the current economic crisis, Cabell remains confident. “We are certainly competitively priced with other developments in Ft. Lauderdale, and the average occupancy in that market is in the mid-90s,” she says.