Related, BH plan mixed-use, multifamily complex in Plantation
Plantation City Center would entail nine buildings with 481 apartments, 17K sf of retail and 993 parking spaces
Frequent development partners Related Group and BH Group are planning to convert a former AT&T office building in Plantation into a sprawling multifamily complex with retail.
The joint venture is proposing Plantation City Center, a project consisting of nine buildings with a combined 481 apartments, a combined 17,000 square feet of retail and 993 spaces divided between a garage and on-street parking. Coconut Grove-based Related and Aventura-based BH recently submitted a site plan to the city of Plantation.
One of the buildings would rise 10 stories and house 289 apartments, the plan shows. The remainder of the units would be spread among five three-story buildings and a pair of two-story buildings. The joint venture is seeking a waiver to exceed the maximum 343 units allowed under the property’s current zoning. About 10 percent of the apartments would be set aside for affordable housing, the plan states.
Miami-based Arquitectonica is Plantation City Center’s architect.
In April, Related and BH paid $13 million for the 14-acre site that is currently home to a roughly 130,000-square-foot commercial building that was completed in 1986. The previous owner, Miami-based Fifteen Group Capital, had obtained city approval for a mixed-use, four-building project with 375 apartments, 103,000 square feet of offices and 5,000 square feet of retail. Fifteen Group also obtained a waiver for more units than currently allowed.
Related, led by Chairman Jorge Pérez, and his sons Jon Paul and Nick, has teamed up with BH, led by Liat and Isaac Toledano, in a pipeline of real estate projects throughout South Florida.
In Hollywood, the joint venture is proposing a 42-story Hilton-branded hotel and a 38-story condominium on two development sites adjacent to the oceanfront Diplomat Beach Resort.
Last month, Related and BH landed a 99-year-ground lease with the Riviera Beach Community Redevelopment Agency to develop a mixed-use project in the city-owned Marina Village. The partnership is proposing two 20-story buildings with 424 apartments and 8,000 square feet of retail. The development team also includes Tezral Partners, a West Palm Beach-based real estate firm led by Tony Brown, a former executive director of the Riviera Beach CRA who was fired in 2016.
In May, the North Miami City Council approved a site plan for Icon Residences, Related, Teddy Sagi and BH Group’s proposed 10-story condominium with 53 units. The 1-acre redevelopment site on Biscayne Bay is the shuttered White House Inn, a two-story hotel completed in 1969.