Construction of an eight-story building with rental apartments and retail space may start soon at the old Fashion Mall property in Plantation.
It will be the first of three new buildings on the former site of the Fashion Mall, which closed in 2007 and was demolished last year.
Encore Housing Opportunity Fund, led by developer Art Falcone, acquired the Fashion Mall for $37.7 million in a 2015 bankruptcy auction.
The developer has filed an application for a building permit with the city of Plantation to construct the first new building at Plantation Walk, the name of a development that will replace the Fashion Mall.
The first of three new buildings will have 170 apartments from the second floor to the eighth floor and ground-floor spaces for restaurants and retail stores.
Falcone told the Sun-Sentinel the groundbreaking for the first building is “imminent.”
He expects to submit plans for the second building to the city within 30 days. The plans are likely to include 230 apartments.
Plantation Walk also has been designed with 170,000 square feet of office space. [Sun-Sentinel] – Mike Seemuth