42-acre development site in Broward listed for $37M

Property along West Atlantic Boulevard and Lyons Road is approved for big-box retail

TRD MIAMI /
Jul.July 27, 2015 12:00 PM

One of the last remaining large parcels of platted commercial land in Broward County is on the market for $37 million, The Real Deal has learned. 

Colliers International South Florida has the listing for the four parcels on the corner of Atlantic Boulevard and Lyons Road in Coconut Creek, Sal Bonsignore, Colliers vice president told TRD.

“The property was site plan approved for big-box retail, so we’re looking for big-box retail,” Bonsignore said. “But we’re certainly also looking for large-scale office or retail projects — a mixed-use development.”

The land includes 2,400 feet of frontage along West Atlantic Boulevard, 1,300 feet on Lyons Road, and 300 feet on Banks Road. About 36 acres are in Coconut Creek and zoned Planned Commercial District. The remaining eight acres are in Margate and are also zoned for commercial uses.

Bonsignore and Colliers Assistant Vice President Clinton Casey are the property’s exclusive agents.

The land is approved for 318,249 square feet, including anchors of 171,069 square feet and 100,789 square feet, and a smaller 22,400-square-foot retail building, according to the property flier.

Luland Inc. and Coolidge Inc., own the land, Broward County property records show. Previous sales information was not available.

 

Related Articles

arrow_forward_ios
One Sotheby’s names SVP of marketing

One Sotheby’s names SVP of marketing

One Sotheby’s names SVP of marketing
Karen Elmir, Camilo Franco, and Caitlyn Henderson

Movers & Shakers: Elmir Group launches CRE division, Pablo Alfaro team grows

Movers & Shakers: Elmir Group launches CRE division, Pablo Alfaro team grows
Sawgrass International Corporate Park

Brookdale buys back Sawgrass Park portfolio for $80M

Brookdale buys back Sawgrass Park portfolio for $80M
Paseo de la Riviera and Industrious CEO Jamie Hodari  

Industrious to open at Paseo de la Riviera in Coral Gables

Industrious to open at Paseo de la Riviera in Coral Gables
Daniel Crann and Timothy Peterson (Credit: iStock)

Movers & Shakers: Colliers taps development services head, Altman promotes COO & more

Movers & Shakers: Colliers taps development services head, Altman promotes COO & more
Steven Hurwitz and Doug Okun

Former CREC brokers join JLL as managing directors

Former CREC brokers join JLL as managing directors
Alirio Torrealba and Daniel de la Vega with Biltmore Square

One Sotheby’s takes over remaining sales of Coral Gables boutique projects from Fortune Realty

One Sotheby’s takes over remaining sales of Coral Gables boutique projects from Fortune Realty
AC Hotels by Marriott in Fort Lauderdale and Inigo Ardid

Key International scores construction loan for new Fort Lauderdale Beach hotel

Key International scores construction loan for new Fort Lauderdale Beach hotel
arrow_forward_ios

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

Loading...