Related Group taps Live Local for Hollywood beachfront project, sidestepping county land-use ruling
Related Group advanced a revised plan to build Portofino Hollywood, a beachfront residential development, after adding workforce housing to qualify the development for expedited approval under the state’ Live Local Act. The Hollywood City Commission voted 5-2 Wednesday to amend the city’s development agreement with Related, allowing the Miami-based company to drop earlier plans for an all-condo building and instead develop a residential tower with 124 market-rate condos and 86 workforce housing rentals. The development site is at 1301 South Ocean Drive, where Related has a 99-year ground lease for a city-owned site. The residential complex would sit next to […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Seller tied to investor Randall Smith sells Palm Beach mansion for $93M
Forest Development wins bid to build at Riviera Beach’s Marina Village
Brokers, developers use the World Cup to pitch foreign buyers. Here’s where they’re coming from
“Subpar construction”: Amrit Ocean Resort owners sue developer, construction team over alleged defects
South Florida by the numbers: Condo buyout bonanza
South Florida’s top deals: Palm Beach mansion under construction trades for $93M
Florida luxury market surges to start 2026, led by record condo gains
Build your own flywheel: Stacked marketing creates compounding momentum
Southern buyers making smaller down payments than other regions
