Keystone-Florida Property Holding Corp., owner of the Galleria Mall, announced a $1 billion plan to develop the land surrounding the mall.
If approved by the city of Fort Lauderdale, up to 1,600 residential units could be built in a phased development. It would also include 150 hotel units and senior apartments. The project would be spread among seven buildings, inclduing a 45-story tower, the tallest in the city.
The mall itself has been struggling for years, but sits on a potentially valuable 4- acre parcel of land.
