The new owners of Fort Lauderdale’s Galleria Mall are considering a redevelopment plan that envisions nine 30-story towers, a 170-room hotel and hundreds of affordable-housing units under state’s Live Local Act, the project’s joint venture leader confirmed Monday.
The 1980s-era mall, 2414 E. Sunrise Blvd., was sold last month to a consortium of real estate and development interests led by Russell Galbut, who is based in Miami Beach and is a founder of investment and development firms with a history of creating mixed-use communities in Florida and elsewhere in the U.S.
The dramatic makeover plans for the Galleria were submitted to the city of Fort Lauderdale in August by the mall’s seller, Keystone-Florida Property Holding Group, which owned the property since 1993. The city deemed certain elements of the application “insufficient,” but Galbut said it is being resubmitted…