Pier 66 Phase Two: Fort Lauderdale's Most Ambitious Waterfront Project Just Got Bigger
If you thought what was already happening at Pier 66 in Fort Lauderdale was impressive, the next phase is even more ambitious — and it confirms that the transformation of this property is far from finished.
I'm Joe Vairo — a 2x eXp ICON Agent, ranked the #3 real estate agent in Fort Lauderdale by Fort Lauderdale Magazine, and founder of the Vairo Group, ranked the #3 real estate team in Fort Lauderdale. I cover every significant development in this city, and Pier 66's phase two announcement is one of the more consequential pieces of news for the Fort Lauderdale waterfront market this year. Here is everything you need to know.
What Pier 66 Already Is
For anyone unfamiliar, Pier 66 has already undergone a billion-dollar transformation of one of Fort Lauderdale's most iconic waterfront properties. The site sits right on the bend of 17th Street, just as you cross the bridge heading toward the beach — one of the most recognizable and strategically positioned addresses in the entire city.
The existing development has become a genuine Fort Lauderdale landmark, anchored by its iconic tower featuring the Pier Top restaurant and bar — the rooftop venue that rotates a full 360 degrees, offering every angle of the city, the marina, and the ocean over the course of an evening. Beyond the tower, the property includes a hotel component, resort residences, condominiums, and a full-service marina that has made Pier 66 one of the central addresses in Fort Lauderdale's marine and boating culture.
The entire transformation was developed by the Tavistock Group — the same development team behind Lake Nona, the master-planned community near Orlando known for its health and wellness-focused innovation district. That track record matters: Tavistock does not execute small or unambitious projects, and Pier 66's existing success reflects that institutional capability.
Phase Two: Crossing 17th Street
The next phase of Pier 66's development is a mixed-use expansion that extends the project across 17th Street, onto the other side of the street from the original development.
This expansion encompasses four 23-story towers across 8 acres — a genuinely significant physical footprint that will add restaurants, retail, office space, and additional marina facilities to the overall Pier 66 ecosystem. The four new towers are expected to bring 339 additional residences to the property.
This is not a minor addition to an already-completed project. It is a second major construction phase that roughly doubles the development's physical presence in this stretch of Fort Lauderdale, extending the Pier 66 brand and experience across both sides of one of the city's most heavily trafficked corridors.
What This Means for the Surrounding Market
A development of this scale rarely happens in isolation, and Pier 66's phase two has implications that extend well beyond the immediate property boundaries.
The 17th Street corridor — which connects downtown Fort Lauderdale to the beach and already carries significant traffic from residents, hotel guests, and visitors — is about to see a meaningful increase in density, retail activation, and office employment directly along its path. For the surrounding neighborhoods, including the waterfront communities along the Intracoastal and the broader beach corridor, this kind of anchor investment tends to elevate property values and lifestyle infrastructure in a way that compounds over time.
For buyers evaluating the Fort Lauderdale waterfront luxury market specifically, Pier 66's continued expansion is a strong signal of institutional confidence in this corridor. Tavistock is not adding 339 more residences and 8 acres of mixed-use development to a project that is underperforming. This expansion reflects genuine demand validation from the first phase and a clear bet that the market can absorb significantly more luxury residential and commercial product at this specific address.
Why Pier 66 Keeps Building
The honest question worth asking is simple: how much more can they build here? The answer, based on phase two's scale and ambition, appears to be quite a bit more.
Pier 66's location at the bend of 17th Street gives it a strategic advantage that very few other Fort Lauderdale waterfront sites can match — direct marina access, proximity to both downtown and the beach, and visibility to virtually every visitor who crosses that bridge. As long as the demand for luxury waterfront living, dining, and marina access in Fort Lauderdale continues to grow, Pier 66 is positioned to keep capturing that demand through continued phased development.
Want to Stay Ahead of Pier 66's Development?
I'm Joe Vairo with the Vairo Group. If you want to understand how Pier 66's phase two expansion affects the surrounding real estate market — or if you are interested in availability within the development itself — reach out directly.
📲 Text or call me at 954-830-1126
📩 Email me at [email protected] anytime — I respond personally
Joe Vairo is a 2x eXp ICON Agent, South Florida real estate agent, and Fort Lauderdale Magazine's #3 ranked agent in Fort Lauderdale. The Vairo Group, ranked the #3 real estate team in Fort Lauderdale, specializes in waterfront properties and luxury relocation in the $1M+ market.
