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Oct. 15, 2013

Development Projects Keep Related of Florida Busy

The Related Group’s current apartment developments include the following:

Pierhouse

Construction complete, and the project is in lease up. Pierhouse is a 356 unit apartment development which will be constructed in four four-story stick frame buildings with 4,800 leasable square feet of retail and will be parked by two separate four story precast concrete parking garages. The project will have six unit types, which includes 33 studios, 186 one bedrooms and 133 two bedrooms. The project is designed by MSA Architects and includes an expansive pool/sun deck area, unique Urban Pathway, gym, spa, event meeting/dining room, a double-height club lounge and individual landscaped courtyards at each residential building.  This project was recently placed on the market for sale.

Veranda II (The Manor in Plantation)

Construction complete, and the project is in lease up.  Veranda II is a 197 unit apartment development on 2.7 +/- acres located at 599 NW 82nd Avenue in Plantation, Florida. The development will be constructed as a six-story concrete post tension structure with 181 units wrapping a six story garage and 16 townhomes in four unity buildings. The projected will be parked by a garage with 325 spaces for the apartments and two car garages connected to each townhome. The project will have 12 unit types, which include 97 one bedrooms, 84 two bedrooms, and 16 two bedroom townhomes. The units will range in size form 746 square feet for the smallest one bedroom to 14750 square feet for the townhomes. The project is designed by Cohen Friedman Encinosa & Assoc and includes a heated pool with sun deck area, gym, conference room, demonstration kitchen w/ dining room, club room and TV entertainment/gaming center.

Doral View at Fontainebleau Lakes

Doral View apartments is a two phase 720 unit apartment development on 35 acres located at 701 NW 97 Avenue in Fontainebleau, Florida. Phase I is under construction and is 360 units.  The property is located off of the Dolphin Expressway and 97th Avenue giving the site great drive by exposure.  The residences will be constructed in fourteen three-story garden style concrete structure buildings.  The project will be parked by 551 on grade spaces and 54 garages. The project will have 168 one bedrooms, 144 two bedrooms and 48 three bedrooms.  The units will range in size from 694 square feet one bedroom to 1,268 square feet three bedrooms.  The project is designed by MSA Architects and includes two pool/sun deck areas, including custom beach access entry swimming pool, poolside personal cabanas, spa, custom outdoor summer kitchens and sports Bar Area , outdoor entertainment area & barbecue grill, large state-of-the-art fitness center with yoga, spinning, and aerobic studio, cyber café, conference and club room.

Phase II is a standalone 360 unit garden apartment project and will be built and financed at a future date.  Doral View is currently under construction, and leasing is expected to commence in the 4th quarter of 2013.

New River Yacht Club

Adjacent to the New River in Downtown Ft. Lauderdale, the New River Yacht Club features 249 luxurious riverfront rental units.  Rising 26 stories above the river’s edge the project provides spectacular vistas of the New River and unsurpassed City views while offering the latest in urban living. The well appointed mix of one, two and three bedroom units are within walking distance of Las Olas Boulevard’s business, shopping and dining core and just minutes from Ft. Lauderdale Beach.In addition to the spacious unit interiors, every detail is accounted for, from the refined residences designed by Cohen Freedman Encinosa to the elaborate social spaces envisioned by world-renowned RTKL including the impressive two-story lobby, stunning 7th floor pool area with outdoor bar, club room, game room and fitness center. Allied Marine is currently under construction, and leasing is scheduled to begin in the 1st quarter of 2014.

Flagler Village Apartments

Flagler Village is a 382 unit apartment development with 24,750 square feet of lifestyle retail in Downtown Fort Lauderdale, Florida. The site is located a few blocks north of downtown on Federal Highway between NE 5th and 6th Street, and is right across the street from a new Fresh Market grocery store. The plans are for a seven story mid‐rise building with a 773 space garage tucked into the western side of the property. The residential structure is set back from Federal Highway and two separate retail structures front Federal Highway with a plaza between them. Flagler Village is currently under construction, leasing is expected to commence in the 3rd quarter of 2014.

CityPlace Doral (Retail)

CityPlace Doral is Doral’s exciting new mixed-use development, a city within a city.  The main street, neighborhood shopping, upscale dining, outdoor cafes and entertainment are designed with expansive pedestrian sidewalks to provide CityPlace’s visitors and residents with the excitement of the urban shopping experience. CityPlace will include an upscale grocer, several new fine dining destinations, a luxury movie theatre, entertainment venues and 300 luxury apartments located above the retail known as “CityPlace Flats”.   The City of Doral has received numerous accolades for its quality of life by US News & World Report, CNN Money, Business Week, Forbes and Doral was also listed in Fortune Small Business’ top 100 cities for business and lifestyle appeal.   The project is located on the south side of Doral Boulevard,  just north of NW 33rd St, east of NW 87th Ave and West of NW 82nd Ave in Doral, Florida.  The current schedule calls for construction to begin in Q1 2014.

CityPlace Apartments Phase I

Already under construction, CityPlace Apartments is a 398 unit apartment development located just south of Doral Boulevard and west of 82nd Avenue in Doral, Florida on the southwest corner of the  CityPlace Doral retail mixed-use project.  The new apartment community is part of the larger CityPlace Doral development which will include additional phases of multi-family and 300,000 square feet of retail, a city within a city.   In addition to being part of CityPlace, this project is located next door to the  Headquarters of Carnival Cruise Lines which employs 2,400 people in this location and is the largest private employer in Doral.   CityPlace Apartments is a 398 rental apartment unit six-story midrise structure that with a structured parking garage.  Doral Boulevard is the major east/west thoroughfare in Doral and has annual average daily traffic over 50,000.  The CityPlace Doral master development has its own dedicated traffic light off of Doral Blvd leading in to the site.  This apartment community also has access to NW 33rd Street to the south and 82nd avenue to the east.  CityPlace Apartments is currently under construction, with leasing set to begin in the 3rd quarter of 2014.

CityPlace Flats

CityPlace Flats (also considered City Place Phase II Apartments) is an apartment development located at CityPlace Doral above the 300,000 SF retail project.  Residents will be able to abandon their cars and walk downstairs to city within a city, complete with an upscale grocer, several new fine dining destinations, a luxury movie theatre, and several entertainment venues.   The project is just south of Doral Boulevard and west of 82nd Avenue in Doral, Florida.   CityPlace Flats is a 300 unit rental apartment community in seven-story midrise structure above retail with excellent visibility from Doral Boulevard.  Doral Boulevard is the major east/west thoroughfare in Doral and has annual average daily traffic over 50,000. The CityPlace Doral master development has its own dedicated traffic light off of Doral Blvd leading in to the site.  The community also has access to NW 33rd Street to the south and 82nd avenue to the east.  The current schedule calls for construction to begin in Q1 2014.

Atlantech Apartments

Atlantec h is a 264 unit apartment development in Fort Lauderdale, Florida. The site is located to the west of Federal Highway just south of NE 65th Street in Fort Lauderdale, Florida. There are 45,500 daily traffic trips on Federal Highway in front of the property. The site is currently a surface parking lot for Atlantech Tower, the largest office building in Broward County (416,000 SF). The project is an eight story mid-rise building including 158 space surface parking garage on the ground floor. The building is attached to an existing five story garage, which currently serves the office building, but will be expanded to accommodate the residential development and future adjacent (and separate) retail development. Groundbreaking is expected to occur July 2013. This highly visible project with its well-appointed units, lavish pool deck and low basis is uniquely positioned to deliver above market yields.

The project will feature a heated European edge swimming pool with highly amenitized deck, poolside personal cabanas, spa, sauna, state of the art fitness center with cardio theater and weight-training equipment,  fire pit and outdoor kitchen and covered parking.

Sitework has begun and vertical construction is scheduled to being within the next few weeks, leasing is expected to begin in the 4th quarter of 2014.

Delray Beach SofA Apartments

Delray Beach apartments is a 172 unit apartment development in Downtown Delray Beach, Florida. The project consists of two buildings located 1 block south of Atlantic Avenue between 1st avenue and 4th avenue.  Atlantic Avenue has become one of the most exciting pedestrian friendly active downtown streets in Florida with more than 80 restaurants, cafes, bars and entertainment destinations. The plans are for two 4‐story low‐rise buildings comprised of three stories of residential units over one level of ground floor parking. The residential structure is in an urban setting set back 5 feet from the street, with extensive elevated amenity decks. Delray Beach apartments is scheduled to break ground in the 1st quarter of 2014, leasing is set for quarter 1 of 2015.

Davie Residences

Davie University is a 232 unit apartment development on 15 acres in Davie, Florida.  The project consists of eight 3-story garden style apartment buildings located around a 4 acre lake.  The project is located 1 block north of Sterling Rd on University Drive buffered by an upscale gated community of multi-million dollar homes and a Super Target.  Davie University will feature luxury amenities including a 5,000 square foot clubhouse, beach entrance pool, and a state of the art fitness center. Over the past decade Davie has enjoyed employment growth as the home for several expanding college campuses including Nova Southeastern University, Trinity International University, ITT Technical Institute, Broward College and the Davie campuses of Florida Atlantic University and the University of Florida. Davie University apartments are set to break ground in the 1st quarter of 2014.

City Center Apartments

Pembroke City Center is a 365 unit apartment development located in Pembroke Pines, FL.  The project site is approximately 11.05 acres, located on NW 106th Ave and Pines Blvd in Pembroke Pines, FL. The project consists of five British West Indies style residential buildings in 3 and 4 story formats, 2 parking garages and surface parking. Featuring various luxury amenities such as a Tennis Court, Volleyball court, Lap Pool, Dog Park, outdoor living rooms, and tot lot. Pembroke City Center is scheduled to break ground in the 1st quarter of 2014.

Atlanta

375 units to be announced.

 

Please read MHN’s full interview with Related in the November 2013 digital issue.

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