Revised Plans for Oceanfront Redevelopment in Hollywood Adds More Residential Units Under Florida’s Live Local Act

Credit: Kaller Architecture.

Condra Property Group has updated its redevelopment plans for a group of oceanfront hotels, adding more residential units under Florida’s Live Local Act. The New York-based developer, led by Allen Konstam, will present the revised application to Hollywood’s Technical Advisory Committee on July 1. The project concerns 3.33 acres at 2007 and 2115 N. Ocean Drive; 309, 333, and 341 Oklahoma St.; 320 and 324 McKinley St.; 320, 322, 324, and 326 Nebraska St.; and 2012 N. Surf Road. The property, located along the city’s famed Broadwalk, currently comprises 123 hotel rooms in mostly two-story buildings, including the Neptune Hollywood Beach Hotel, Hollywood Beach Seaside, and Casa Pellegrino Boutique Hotel. The developer has the properties under contract from various owners.

Credit: Kaller Architecture.

Per the South Florida Business Journal, although this area is not zoned for intense multifamily development, Condra Property Group seeks to develop OM Residential under the state’s Live Local Act. Approved by the Florida Legislature in 2023 and amended this year, the Live Local Act allows developers to bypass city approvals to increase residential density on commercial or industrial sites to the maximum density permitted in the city. It also allows height increases to the tallest building within a 1-mile radius, provided that 40% of the residential units are designated workforce housing, priced for individuals making up to 120% of the area median income.

In 2023, Condra Property Group initially filed plans for 228 multifamily units, 14,488 square feet of retail space, and 6,853 square feet of restaurants across 18 stories at the site under the Live Local Act. Following feedback from city officials, the plans have been revised. The updated OM Residential project now includes 282 multifamily units, 11,941 square feet of retail space, 9,632 square feet of restaurants/bars, and 358 parking spaces. The tallest building in the revised plan would be 17 stories.

The new project design comprises four buildings designed by Hollywood-based Kaller Architecture. A three-story building along the beach would feature a restaurant, beach club, and rooftop pool. The six-story middle building would include 114 workforce housing units, retail space, and a rooftop pool. The 17-story building would house another restaurant and 168 market-rate residential units. Lastly, a seven-story building on the site’s south side would contain ground-floor retail space and a parking garage.

The workforce and market-rate buildings will have separate amenities, including gyms, lounges, and party rooms. Units in the workforce housing building will range from 522-square-foot studios to 975-square-foot two-bedroom units, with an average size of 598 square feet. Units in the market-rate building will range from 580-square-foot studios to 2,000-square-foot three-bedroom units, with an average size of 861 square feet. The Live Local Act does not require workforce and market-rate units to have similar sizes or access to the same amenities.

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1 Comment on "Revised Plans for Oceanfront Redevelopment in Hollywood Adds More Residential Units Under Florida’s Live Local Act"

  1. Hi
    I i’m interested I’m a vendor. I have a place in Renaissance on the ocean condos Hollywood as we speak. I am very interested
    Hoping to speak to someone about my interest thank you

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