JOINT VENTURE TO DEVELOP AFFORDABLE HOUSING IN FORT LAUDERDALE

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FORT LAUDERDALE, FLA. — Carlisle Development Group and the Housing Authority of the City of Fort Lauderdale are developing Dixie Court Apartments I and II, a $25 million, 154-unit complex, located at 950 N.W. 4th St. The garden-style community consists of 66 one-bedroom, 60 two-bedroom and 28 three-bedroom units. Amenities include a clubhouse, computer lab, library, car care area, picnic pavilion and playground. Construction began this month and is projected for completion in March 2009.

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