The appointment comes as Florida’s housing shortage reaches critical levels, with Miami-Dade County alone projected to need over 160,000 additional affordable units over the next decade.
The mixed-use project near Gulfstream Park will feature 121 condominium units, a 30,000-square-foot amenities area and four retail spaces.
Grover Corlew anticipates immediately breaking ground with completion expected by May 2027.
She will focus on guiding capital improvement projects for condominium communities across the region.
The project is nearing completion, with the West Tower fully topped out and slated for delivery at the end of 2025 and the newly launched East Tower targeting completion in 2027.
The development includes a new 12,210-square-foot campus for Barry University’s College of Nursing and Health Services.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.
Aztec Group’s Howard Taft sourced and structured the bridge financing for Elevate Apartments in Dania Beach.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
The sales, announced in mid-January 2025, reflect the growing demand for well-maintained and strategically located apartment communities in both established and emerging markets across the state.
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