The Real Deal Miami

Related turns attention to Broward

Lack of inventory makes county appear ripe for development

October 29, 2014 02:15PM

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Patrick Campbell

Patrick Campbell

Related Group, known as a powerhouse developer in Miami, is focusing some of its attention northward.

The company is making an aggressive push into Broward County’s multifamily market, according to the Daily Business Review. Plans include more than $1 billion in new development for thousands of apartments in Davie, Pembroke Pines, Plantation and Fort Lauderdale. Patrick Campbell, Related’s vice president, said Broward represented a logical move for the company because of its lack of inventory.

“People think Related is all about Miami-Dade County but that’s not really true,” said Campbell. “We’re the most active multifamily developer in Broward by a long shot. We’re probably doing more than our second- and third-closest competitors combined.” [Daily Business Review] – Jennifer White Karp

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