The bustling city of Hollywood, Florida is experiencing a surge in real estate development, with developers eyeing the thriving multifamily and luxury condominium markets. Four exciting projects are pending approval by city officials, poised to add nearly 90 new rental units and redefine the city’s skyline. Let’s take a closer look at these transformative ventures.
Diplomat Landing: Luxury Condos and Condo-Hotel Tower
The Related Group and BH Group, in collaboration with Trinity Investments and Credit Suisse Management, are set to construct a grand development across from the iconic Diplomat Beach Resort. Spanning a sprawling 19-acre site along the Intracoastal Waterway, the project will include a 38-story condo tower boasting 350 units, as well as a 43-story condo-hotel featuring 500 keys. This remarkable endeavor promises to enhance Hollywood’s reputation as a premier luxury destination.
Residences at Beverly Park: Affordable Apartments
NuRock Properties, a reputable development firm based in Alpharetta, Georgia, intends to build an affordable apartment complex in Hollywood’s Beverly Park neighborhood. The proposed 10-story building will offer 115 rental units, with 17 one-bedroom apartments, 69 two-bedroom units, and 23 three-bedroom units. Complementing the residential space, the project will also feature 750 square feet of retail space. NuRock’s commitment to providing quality housing options aligns with Hollywood’s vision for inclusive and vibrant communities.
Lincoln Street Apartments: Urban Living Redefined
Ark Ventures, a Miami-based real estate company led by founder Isaac Khabie, presents the Lincoln Street Apartments, a modern living concept designed for urban dwellers. This five-story apartment building will occupy a 0.6-acre site and house 48 units, consisting of 36 one-bedroom apartments and 12 two-bedroom units. With its sleek design and prime location, the Lincoln Street Apartments promise to offer residents a stylish and convenient lifestyle.
Lincoln Village: Cozy Living Spaces
Red Octopus Architecture, based in Weston, Florida, plans to transform a 0.6-acre plot into a charming residential community known as Lincoln Village. The development comprises a four-story building with 33 apartments and an adjacent structure featuring four two-story townhouses. The cozy living spaces and thoughtfully designed amenities will create an inviting atmosphere for future residents.
Hollywood’s real estate market is buzzing with excitement as developers propose ambitious projects to reshape the city’s landscape. From luxury condominiums to affordable apartments, these developments cater to a diverse range of housing needs, ensuring that Hollywood remains an attractive and dynamic destination for residents and visitors alike. The forthcoming decisions by the Hollywood Planning and Development Board will undoubtedly shape the city’s future.
