The Real Deal Miami

Long-delayed residential projects revived in Davie

Town Council grants key approvals to three developments totaling 287 homes

August 21, 2014 11:15AM

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Jack McCabe

Jack McCabe

Three Davie residential projects were revived after languishing during the recession.

The Town Council gave critical approvals to the Trotters Chase, Sierra Ranch and Saddle Bridge developments this week. Trotters Chase, now dubbed Horseshoe Lake, was approved in 2007 as a mixed-use project with 204 apartments, offices and retail space on 30 acres fronting Griffin Road between Southwest 58th and 61st avenues. Hollywood-based MG3 Development Group now wants to construct 180 townhomes.

A Boca Raton developer originally proposed the 89-residence Sierra Ranch east of Hiatus Road near Earnest Road. That project would now have 79 homes.

Saddle Bridge was significantly downsized from a previous approval for 78 townhomes and two 20,000-square-foot office buildings on Griffin Road between Southwest 76th and 78th avenues. The latest proposal does not include office space and only has 28 townhomes.

“It’s amazing how many previously announced projects that have sat on the shelves for the last seven or so years are now being reannounced for redevelopment,” real estate analyst Jack McCabe told the Sun-Sentinel, “but generally with modifications.” [Sun-Sentinel]Eric Kalis

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