Miami Mortgage News

Hallandale emerges as vertical development hot spot

Hallandale Beach is rapidly morphing from a quiet coastal suburb to a vertical development hub.

The city’s fast-changing built environment will include two recently approved projects: a 28-story office building, called Optima II, and Hallandale Oasis, a mixed-use development with a 19-story hotel and twin 26-story condos.

Hallandale city commissioners granted approval May 18 to Optima II and Hallandale Oasis, and in June, they will consider whether to approve a 23-story residential development, together with a hotel and commercial space, at 900 South Federal Highway.

Earlier this year, the owners of the 127-acre Diplomat Golf & Tennis Club in Hallandale Beach won city approval to construct condo and condo-hotel buildings ranging in height from 20 stories to 30 stories.

Jack McCabe, a real estate analyst in Deerfield Beach, told the Sun-Sentinel, “We’re going to see Hallandale go through a metamorphosis in the next five, six years. Just 10 years ago, that area was fairly blighted. But we’ve seen Hallandale undergo a gentrification process.”

Posted by Nour Ailan on April 18th, 2017 6:57 PM

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Posted by Nour Ailan on January 22nd, 2017 4:27 PM

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