Merrimac Ventures
Merrimac Ventures is the Motwani family's Fort Lauderdale development company, led by brothers Nitin and Dev Motwani, whose Fort Lauderdale Beach holdings became the Four Seasons, the Conrad, the Gale and Paramount Fort Lauderdale. Bungalow East at 530 North Birch Road is its boutique condominium on the last of those beach parcels.
- Based in Fort Lauderdale
- Company site
- Updated October 20, 2026
The firm traces to Ramesh and Ramola Motwani, who bought motels along A1A in the 1980s and kept buying after spring break ended. Their sons Nitin and Dev added Wall Street experience and expanded the firm into Miami Worldcenter and into projects from Telluride to Ocala. Merrimac reports more than $3 billion of completed projects and a pipeline above $3.7 billion, and lists the Waldorf Astoria Residences in Pompano Beach among current work.
At 530 North Birch Road the family won city approval in 2019 for an 11-story, 21-unit building and amended it in 2022 and 2024 to 14 stories and 36 units. It launched sales as Bungalow East in November 2024 with OneWorld Properties. The Bungalow East disclaimer notes the selling entity licenses the Merrimac Ventures name and that Merrimac Ventures is not itself the developer of record.
Merrimac Ventures reports more than $3 billion in completed real estate projects and an active pipeline above $3.7 billion; founded by Ramesh and Ramola Motwani, now led by Nitin and Dev Motwani.
Merrimac Ventures, October 2026Portfolio includes Four Seasons Fort Lauderdale Hotel and Residences, Paramount Fort Lauderdale, Gale Hotel & Residences, Miami Worldcenter, Waldorf Astoria Residences Pompano Beach and 530 N Birch Road.
Merrimac Ventures, October 2026Bungalow East team page names Merrimac Ventures as developer with Swedroe Architecture and Adriana Hoyos Design Studio; the legal disclaimer says the developer uses the Merrimac Ventures marks under license and Merrimac Ventures is not the developer.
Bungalow East (official), October 2026City Commission approved the 530 N Birch Road site plan on February 19, 2019 and amendments on September 22, 2022 and October 15, 2024 (36 units, 144 ft).
City of Fort Lauderdale, October 15, 2024
Track record in this footprint
- Selling now
- Bungalow East
- Rising or finished
- None yet
- Entry pricing
- $2M to $2M
- Architects
- Swedroe Architecture (Robert M. Swedroe Architects Planners)
- Sales teams
- OneWorld Properties
Merrimac Ventures residences in Fort Lauderdale
Questions
Questions buyers ask
What is Merrimac Ventures building in Fort Lauderdale?
In Fort Lauderdale, Broward County, Merrimac Ventures is behind Bungalow East. Each building page sets out the pricing, residences, design team and sources.
How do I get pricing for Merrimac Ventures's buildings?
Developers do not publish price sheets online. Request a private presentation and an advisor sends the current release, floor plans and deposit terms for any Merrimac Ventures building, usually the same business day.
Is The Premier Connection part of Merrimac Ventures?
No. The Premier Connection is an independent buyer's brokerage and is not Merrimac Ventures or its sales agent. We register you with the developer before your first contact so part of the developer-paid commission is returned to you at closing.