Broward developers find new ways to land projects

Miami /
Jun.June 17, 2013 04:00 PM

Palm Beach County appears to have it easy when it comes to raw, available land at affordable prices.

Elsewhere in South Florida however – in Broward for example – developers have to put extra effort into landing multi-acre projects, the Sun Sentinel reported.

It helps focus the Alliance’s economic development efforts that prioritize high-tech, high-wage jobs, Bob Swindell of the Greater Fort Lauderdale Alliance told the Sun Sentinel.

The Alliance is in talks with an existing business about converting nearby industrial space to what they need for additional employees. Smaller parcels also can be assembled into a larger piece of land, the newspaper said. At the same time, construction is under way on the Related Group’s multi-use project on Flagler Village, near downtown Fort Lauderdale, slated to include office space, residential units and a parking garage. Related bought the land for $13 million in 2011, as The Real Deal reported at the time.

Coconut Creek-based Butter Construction specializes in transforming “problematic” properties, such as land with contamination issues or in need of reinforcement, into viable land. [Sun Sentinel]Mark Maurer


Related Articles

arrow_forward_ios
Fourth Avenue Church of God (Google Maps)
Church near Flagler Village to be redeveloped into mixed-use project
Church near Flagler Village to be redeveloped into mixed-use project
Native Realty’s Jaime Sturgis and the property
Flagler Village assemblage hits market for $8M
Flagler Village assemblage hits market for $8M
Renderings of the project with Yair Levy
Diamond in the rough? Downtown Miami Metro Mall to get $35M makeover
Diamond in the rough? Downtown Miami Metro Mall to get $35M makeover
Alan Hooper and 516 Northwest 1st Avenue (Credit: Google Maps)
FATVillage developer buys missing piece for mixed-use project
FATVillage developer buys missing piece for mixed-use project
400 Northeast Third Avenue, Morgan Group CEO (Credit: Google Maps)
TA Realty drops $112M on apartments in Flagler Village
TA Realty drops $112M on apartments in Flagler Village
Matthew Rieger and a rendering of Village View
HTG scores financing for Fort Lauderdale senior affordable housing
HTG scores financing for Fort Lauderdale senior affordable housing
Carlos Rodriguez Sr., Carlos Rodriguez Jr. and a rendering of Home 2/Tru by Hilton
Driftwood, Merrimac close first Opportunity Zone deal in Flagler Village
Driftwood, Merrimac close first Opportunity Zone deal in Flagler Village
421 Northeast Sixth Street and Henry Pino
Alta scores $128M loan for Flagler Village apartments
Alta scores $128M loan for Flagler Village apartments
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...