Related, BH to downsize Plantation multifamily project amid stagnant rents
The Pérez family’s Related Group and Isaac Toledano’s BH Group are seeking to downsize a planned mixed-use development in Plantation. The developers will present a revised plan for significantly reduced Plantation City Center to the city council Wednesday, the South Florida Business Journal reported. Related and BH initially received approval in 2024 for the project slated for the 16.8-acre site at 8601 West Sunrise Boulevard. The plans included 512 residential units, nearly 25,000 square feet of commercial space and 833 parking spaces. The revised plans call for just 385 residential units, a reduction of 25 percent. The plans also scale […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
“Reckless”: Lawsuit accuses Madison Realty of negligence and financial mismanagement at downtown Miami condo-hotel tower
Hip hop mogul Rick Ross adds “developer” to resume in Miami Gardens
Florida REIT accused of fraud, spending investor money on jets, jewelry, gun ranges, adult clubs
Top permits: $44M condo reno, massive Baptist hospital expansion
Lender makes $40K credit bid for foreclosed Broward beach resort
Multifamily is back. Or is it? Oversupply lessens but vacancies, pipeline still high
South Florida’s top deals: Sketchers co-founder picks up Miami home for $11M
Pinnacle scores $41M financing for senior affordable housing in growing market
Baron nabs $227M refi for Hialeah rental complex as nearby development advances
Billionaire Larry Ellison expands Manalapan estate with $34M land buy
