The 80,000-square-foot project will feature a limited collection of 16 luxury Car Studios, a members-only Clubhouse, an indoor Padel Club, and Imperial Moto’s signature café.
Colliers Vice President Virgilio Fernandez and Associate Alain Crego represented the seller, Robinson Julien, in the transaction. The buyer was self-represented in the purchase of the site.
The land has entitlements for a 49-story building with 381 residential units, 8,256 square feet of commercial space and 426 parking spaces.
The parcels sold for a total of $7 million which, coupled with the recently acquired 1.6-acre riverfront property on 7th Street, brings Newgard’s total land investment to $57.5 million.
Three active developers said Broward County is a hot spot and is competing well with Miami-Dade County for development dollars. CLICK ON THE HEADLINE FOR MORE
According to a source, the ixed-use tower would include market-rate apartments plus an as-yet undetermined use. CLICK ON THE HEADLINE FOR MORE
CIASF will be presenting a project overview, followed by a discussion from the players who will transform downtown in office, retail and residential sectors. CLICK ON THE HEADLINE FOR DETAILS