Karson & Co and Colliers Tapped To Sell Little River TOD Development Site
The site is located across the street from the planned Little River Brightline train station.
The site is located across the street from the planned Little River Brightline train station.
The project will include a 23-story residential tower with 402 multifamily units, a 1,250-space public parking garage and approximately 170,000 square feet of neighborhood-oriented retail anchored by Target.
Here are the most popular news headlines this past week on CRE-sources.
The master plan includes up to 1,200 market-rate residential apartments, green space for residents, an office building, and a revamped shopping center with 300,000 square feet of lifestyle-oriented retail and restaurant space.
Here are the most popular news headlines this past week on CRE-sources.
The developer had applied for rezoning of the 11.4 acre parcel.
The loan was secured as part of a multifamily property purchase by a joint venture between Angelo Gordon and Mast Capital.
The sale marks the second highest per unit sales price for its size, vintage and submarket.
The property comprises four conjoined lots being sold together, which are all zoned T6-8-O NRD-1, allowing up to 8 stories by right and 12 stories with bonuses of mixed-use infill development. Under this zoning, the property can be developed into up to 207 units (310 with bonuses) or licensed for up to 414 hotel keys.
Here are the most popular news headlines this past week on CRE-sources.
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