Construction phase of the old Fashion Mall’s redevelopment may start soon

Developer Art Falcone says the start of construction at the old mall location in Plantation is "imminent"

TRD MIAMI /
May.May 27, 2018 12:40 PM

Plantation Walk rendering and developer Art Falcone

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


Related Articles

arrow_forward_ios
Mihaela Coprean and Alfonso Costa Jr.

Movers & Shakers: Falcone Group hires HUD’s former deputy chief of staff, Metropica taps biz development director & more

Movers & Shakers: Falcone Group hires HUD’s former deputy chief of staff, Metropica taps biz development director & more
Westfield Broward mall, CEO Christophe Cuvillier

Westfield Broward mall’s $95M CMBS loan heads to special servicing

Westfield Broward mall’s $95M CMBS loan heads to special servicing
Tal Frydman with Hamlet Plantation and The Continental Apartments (Credit: Hamlet via Jenco Properties)

Prism Multifamily Group buys apartments in Tamarac, Plantation for $54M

Prism Multifamily Group buys apartments in Tamarac, Plantation for $54M
Investments Limited’s James Batmasian and clockwise from top left: 22797-22749 State Road 7, Boca Raton; 601 Fairway Drive, Deerfield Beach; 23123 South State Road 7, Boca Raton; 22973-23071 South State Road 7, Boca Raton (Credit: Google Maps)

Investments Limited scores $67M loan for 13 SoFla properties

Investments Limited scores $67M loan for 13 SoFla properties
Josh Zegen, Madison Realty Capital, Invesca CEO Chris Longsworth

Invesca scores $102M construction loan for two SoFla apartment projects

Invesca scores $102M construction loan for two SoFla apartment projects
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Ira Saferstein and Marc Roberts, with a rendering of Miami Worldcenter

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya

Nuveen pays $103M for West Palm luxury apartments

Nuveen pays $103M for West Palm luxury 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...