Pompano Beach

The Armani Group Partners with South Florida Developers for Armani/Casa Residences Pompano Beach

Armani/Casa Residences Pompano Beach, a two-tower luxury condominium project, is coming to 1550 North Ocean Boulevard in Pompano Beach. Developed by SP Developments, Vertical Developments, WellDuo, and GCF Development, the project will introduce 28 exclusive oceanfront residences, each occupying an entire floor across 19 stories. Sales are being led by Fortune Development Sales, with units starting at $5 million. Groundbreaking is scheduled for 2025, with completion expected in 2028.

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Bridge Loan Secured for Condo Conversion in Pompano Beach’s Growing Koi Community

Forman Capital has provided a $55.22 million bridge loan to facilitate the conversion of 214 Class A rental units into for-sale condominium residences in Pompano Beach, one of South Florida’s rapidly developing cities. The Envy project comprises two 11-story buildings located at 450 E. Atlantic Blvd. between Dixie Highway and U.S. 1, and is part of the larger Koi master-planned community, which includes trails, parks, and a private 26-slip marina. The loan originated from Forman Capital’s Ben Jacobson, Scott Mehlman, and Ty Regnier on behalf of the borrower, Envy Development DE, LLC. The financing was brokered by Jay Miller, Spencer Miller, and Noah Rothman of BayBridge Real Estate Capital, with the transaction closing on August 29, 2024.

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Developers Reveal Design Plans For 24-Story Tower At 20 N. Ocean Blvd. In Pompano Beach

The Related Group and BH Group have submitted design plans with proposed amendments for a new 24-story condo/hotel project designed by Nichols Architects along the oceanfront in Pompano Beach. The city’s Development Review Committee is set to review the plans for the 3.7-acre site at 20 North Ocean Boulevard on August 7. The developers, operating through affiliate 20 North Oceanside Owner LLC, acquired the property, previously used as a parking lot, for $47.5 million in 2023.

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Mixed-Use Project Proposal in Downtown Pompano Beach Submitted for Review

An application for a mixed-use project in Downtown Pompano, known as Patagonia, has been submitted for review by the city’s Development Review Committee on July 3. The project, proposed by the Pompano Beach Community Redevelopment Agency (CRA) in collaboration with developers Frank Gotsman of Hadar Homes and Invest Capital Group under the ICG CGP 58, LLC, is set to be built on 1.26 acres owned by the CRA. The site is on both sides of Northwest Seventh Avenue, north of Martin Luther King Boulevard and a block north of Atlantic Boulevard.

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