Metropica developer revives megaproject with new partners
Five years after completing the first condo tower at Metropica, a master-planned development in western Broward County, the developer announced he is reviving the project with new partners. Metropica Development CEO Joseph Kavana plans to begin construction on the next phase in October, he said at a ceremonial groundbreaking this week. The developer brought on Memphis, Tennessee-based Poag Development for the retail component, and Boca Raton-based Waypoint Residential for the residential phases. The more than $1.5 billion mixed-use project calls for more than 3,000 condos and apartments, 650,000 square feet of office space, 485,000 square feet of retail space and […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Hollywood clears path for beachfront towers amid resident pushback

Foreclosure looms for Brookfield’s Pembroke Lakes Mall after alleged $260M loan default

David Martin, partners score $507M loan for South Beach condo tower

Real estate donations overwhelmingly back Byron Donalds over David Jolly in race for Florida governor

Steve Ross, Jeffrey Soffer’s Miami airport hotel project grounded by FAA

Average long-term mortgage rate rises 7th week in a row

Florida Realtors disaster fund ready to help

New appraisal reporting format calls for early preparation

After $21M assessment uproar, Brickell association says contractor overbilled, left work undone

Denmark accuses Palm Beach resident of shielding assets in waterfront home

