The Florida Department of Transportation (FDOT) is seeking a developer to build a mixed-use project next to a Tri-Rail commuter train station in Hollywood.
FDOT has issued a request for proposals to develop the 18.8-acre site next to the Sheridan Street Tri-Rail Station in Hollywood.
The state agency issued a requested proposals for two parcels totaling 18.8 acres where a developer could build a 150-room hotel and up to 550 residential units in a mid-rise building, 300,000 square feet of commercial space and 245,000 square feet of office space.
The 18.8-acre site is a park-and-ride lot that FDOT wants to lease to a private developer. The development would retain at least 809 commuter parking spaces and other transportation facilities.
Tri-Rail service is available from West Palm Beach to Miami International Airport. The authority that runs the commuter train service is seeking funding to extend service to downtown Miami.
Pinnacle Housing Group and Ram Realty Services are building 336 apartments near the Sheridan Street Tri-Rail Station on a privately-owned site. [South Florida Business Journal] – Mike Seemuth