Lionheart Capital closer to launching two-tower, oceanfront luxury condo project in Pompano Beach

1380 South Ocean Boulevard will stretch from the ocean to the Intracoastal Waterway, with a total of 239 units

Jul.July 20, 2018 04:30 PM

Renderings of Lionheart’s Pompano Beach project, Ophir Sternberg and Ricardo Dunin

Lionheart Capital is closer to launching its planned oceanfront luxury condominium project in Pompano Beach, after winning key approvals from the city.

The Pompano Beach Development Review Committee this week gave site plan and design approval for 1380 South Ocean Boulevard, a proposed two-tower, 239-unit project at 1380 South Ocean Boulevard.

The development still needs approvals from the city’s architectural review board and the planning and zoning board. The site plan review may require a resubmission due to a number of technical considerations, but the development could appear before the planning and zoning board as early as September, David Recor, director of development services for the city, said.

The city commission granted approval in April, but the planning and zoning board has the final say on development approvals in Pompano Beach, Recor said.

1380 South Ocean is planned for a 4.6-acre site, among the the last vacant oceanfront parcels remaining in South Florida. The property stretches from the beach to the Intracoastal Waterway. Lionheart bought the land for $22.4 million in 2013.

Ophir Sternberg, founding partner and CEO of Lionheart Capital, previously said the project will launch sales next year.

The development, which has been in the works for the last five years, has already received permission from the Federal Aviation Administration, which was necessary because of the height of the buildings, Recor said.

1380 South Ocean’s easternmost tower on the ocean will have 30 stories and 129 units, while the tower on the west side, on the Intracoastal, will have 13 stories and 110 units, according to the architect for the project, Andrew W. Burnett, a principal at Stantec.

The final mix of condo sizes, number of bedrooms, prices per unit and total cost of the project have not yet been determined, he said.

The development will feature 10-12 boat slips and two pool decks, one facing the Intracoastal and the other facing the beach. Each tower will have a parking deck and a small café, each with 1,500 square feet.

One of the reasons this project has taken so long, Recor said, is that the developers have worked with adjoining property owners and neighborhood associations, to resolve potential problems. A spokesperson for Lionheart said that since the original proposal for the complex was unveiled, “we addressed [issues related to] views, setbacks, traffic and privacy concerns.” The spa and restaurants, for example, will only be available to residents and their guests so as to limit traffic.

Also, the number of stories has been reduced to allow for higher ceilings in the units and the garages raised to be above grade because of the threat of sea level rise.

Related Article

Rendering of Cavache Properties’ Old Town Square

Cavache Properties scores CRA funding for Pompano project

Rendering of the project (Credit: Point Publications)

Cordish Companies, partner plan huge redevelopment of casino and horse racing track

Ricardo DuninRitz and Ophir Sternberg with the Carlton Residences, Miami Beach

Lionheart Capital scores TCO for long-delayed Ritz-Carlton Residences, Miami Beach

Wayne Goldberg and a rendering of Sabbia Beach

Former La Quinta CEO sues Sabbia Beach development group over construction delays

Daniel Lebensohn and Seabonay Beach Resort (Credit: iStock)

Seabonay Beach Resort federal lawsuit ends in $3.5M verdict

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

JV Acquisitions Jaime Godur and Pompano Beach Festival Flea Market

Agents sue over alleged unpaid commissions on sale of Festival Marketplace in Pompano Beach