In October 2022, MMG Equity Partners and Mouhalis Capital sought approval for an expansion of Strada shopping center, a mixed-use complex in Coconut Creek, Florida. Now, nearly six months later, they’ve secured approval from city officials.
In addition to Fort Lauderdale’s evolving real estate market, The Austin, a mixed-use multifamily development, is poised to make its mark at 1201 Northwest 6th Street. Spectrum Management, renowned for its prowess in facilities, construction management, and real estate development based in Washington, D.C., is listed as the developer and seeks approvals from Fort Lauderdale’s Development Review Committee (DRC). The 0.79-acre development site, presently vacant and comprised of four contiguous parcels of land, is located within the confines of the Home Beautiful Park subdivision, bound by Northwest 6th Court on the north, Northwest 12th Avenue on the east, and Northwest 6th Street (Sistrunk Boulevard) on the south.
18050 W Investments hopes to get approval for a 20-story mixed-use development in Miami’s Ojus neighborhood. The unnamed development will comprise 120 studio apartments and one-bedroom apartments.
Avison Young’s Florida Capital Markets Group has brokered the sale of a pivotal development opportunity at 7880 Biscayne Boulevard, Miami, known as Biscayne 79. The property, spanning an impressive 3.5 acres, was formerly occupied by the Immigration and Naturalization Service. The transaction was made under the guidance of court-appointed receiver Michael Goldberg and has garnered a selling price of $23 million.
McCoys Landing is just one step closer to getting approval in Jacksonville, Florida. The seven-story complex will offer 275 units on a two-acre build site.
