In May 2023, Florida YIMBY reported on Salato Pompano Beach, a nine-story residential venture in Broward County. Now with the acquisition of a $73.8 million construction loan, it’s expected to break ground soon.
Recently, Florida YIMBY has learned of various build-to-rent communities in the Sunshine State. Here’s a spotlight on two of them.
New York-based Kushner Co. has a 5.7-acre site in Broward County under contract from 58 Oak LLC and 4220 N 58th Avenue Partners LLC. There, it hopes to build Hollywood Oaks, an eight-story mixed-use venture.
Jacksonville-based Dream Finders Homes has plans for a multi-family housing development in Duval County. Exchange at Cedar Creek will comprise 390 residences divided amongst 21 buildings.
Vestcor Companies and the Simpson Organization have received final approval for a mixed-use venture in Jacksonville. The Lofts at Southbank will measure 10 stories above grade, combining affordable housing with a self-storage aspect. The final approval comes on the heels of public opposition, architectural changes, and other obstacles.
