Developer breaks ground on Atlantic Village in Hallandale: PHOTOS

Grupo Eco, a Mexican development group, broke ground on the first phase of a commercial project in Hallandale Beach.

City officials, developers and brokers attended the official groundbreaking at 801 Federal Highway. As planned, Atlantic Village will be a 32,000-square-foot retail and commercial center set to open in November 2017.

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Negotiations are underway with prospective tenants, including local restaurants, developer Elias Benaim previously told The Real Deal. 

Grupo Eco is developing the project on land the group bought for $10 million from Tibor Hollo in mid-2015. The group plans to spend another $5 million to $7 million on construction. A second phase of the project will be a commercial and residential development, which will break ground in 2018. The architects are SRS — Synalovksi Romanik Saye.

The development group owns a total of 8 acres in Hallandale Beach. – Katherine Kallergis and Sean Stewart-Muniz