Developers Breaks Ground On 18-Acre Multifamily Development in Palm Springs, Florida

South Florida real estate development and investment firm Mast Capital has joined forces with Boston-based Rockpoint and The Spear Group to break ground on an 18-acre multifamily development in Palm Springs, FL. With $42.5 million in construction financing from Santander Bank, the project, located at 2085 S. Congress Ave., will rise on the site of the former YMCA of the Palm Beaches. The development will feature 264 upscale, garden-style apartments across 11 residential buildings.

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Mark Bellissimo And NEXUS Luxury Collection Partner To Develop 600-Acre Residential Club Community In Wellington, Florida

Wellington resident and entrepreneur Mark Bellissimo has announced a partnership with NEXUS Luxury Collection, founded by Joe Lewis and his Tavistock Group, Tiger Woods, Justin Timberlake, and Ernie Els, to create The Wellington, a luxury residential club community in the heart of Wellington that celebrates the best of South Florida and equestrian sport. Through their new partnership, Wellington Lifestyle Partners (WLP), the principals will reimagine over 600 owned acres and work with the Village of Wellington (VOW) and the local community to craft a residential experience that is focused on wellness, resort living and sport while honoring and enhancing Wellington’s equestrian roots.

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Town Council Unanimously Approves 2.8-Million-Square-Foot Mixed-Use Development In Davie, Florida

The Town Council of Davie, Florida, unanimously approved the largest multifamily project in its history on Wednesday, April 19. The groundbreaking development, The District in Davie, collaborates with esteemed developer El-Ad National Properties, a subsidiary of Elad Group, acclaimed architecture firm Cooper Carry, and renowned landscape architect EDSA. Located at 4801–4999 S. State Road 7, this 2.8 million-square-foot development will feature rental residential apartments and commercial spaces.

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