Adam America And Stellar Communities Purchase 7.2 Acres For 275-Unit Multifamily Development In Dania Beach

AARE Sunbelt, an affiliate of Adam America Real Estate, a privately held real estate development and investment company with over 42 renovation and development projects launched since 2009, and Stellar Communities, a leading residential real estate development company in Florida with 3,000 homes delivered since 2009, recently announced the acquisition of 7.2 acres of fully-entitled land at 4200 Southwest 54th Court in Dania Beach, Florida. The joint-venture partners plan to build a 6-story, 275-rental-unit multifamily development in close proximity to the newly built Seminole Hard Rock Hotel & Casino. The transaction marks the joint-venture partners second land acquisition planned for multifamily development in the heart of South Florida. 

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Progress at University Proposed at 1400 Desoto Road, Sarasota, Florida

MMI Development hopes to move forward with a $105 million residential venture in Sarasota County. Progress at University could comprise five four-story buildings, offering 280 multi-family units on a 16.57-acre lot. Records from Sarasota County report that the proposed build site formerly served as overflow parking for the now-defunct greyhound racing stadium.

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Plans Filed For 30-Story Flagler Sky View With 270 Residential Units At 501 NE 4th Street In Fort Lauderdale

Sites plans for a 30-story multifamily mixed-use building have been filed with Fort Lauderdale’s Development Review Committee (DRC) addressed as 501 Northeast 4th Street in the city’s Downtown Core. The building would rise approximately 380-feet tall and would yield 441,654 square feet of space including 270 residential units and 2,680 square feet of ground floor retail space. The project is designed by Fort Lauderdale’s very own FSMY Architects + Planners and is being proposed for development by Mainstreet NCC Flagler LLC, an entity managed by Paul J. Kilgallon of Mainstreet Capital Partners (Mainstreet). The project is currently dubbed Flagler Sky View, and was scheduled for review on June 14, 2022.

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