Two residential projects and an aviation facility will go before the Broward County Commission on Dec. 9 to seek approval.
An 8-acre site near the Shops at Pembroke Gardens could be developed as an apartment complex instead of its current designation of commercial. Duke Realty owns the property, but Boca Raton-based Altman Development Corp. applied to build 280 units there.
The site is at the southwest corner of Southwest Fifth Street and Southwest 145th Avenue in Pembroke Pines. Duke Realty also requested that the county build a traffic light at that intersection.
Townhomes in Tamarac
Aventura-based Woodlands THJV, a company managed by Craig S. Perry, wants to build 68 town homes in Tamarac in a project called Chelsea Place. Located on the north side of Commercial Boulevard and Northwest 59th Street, the 7.4-acre site is mostly vacant with only a tennis court.
Expansion at airport
Azorra Aviation, a fixed-based operator of aircrafts, wants to expand its lease at Fort Lauderdale-Hollywood International Airport and build another facility.
The company requested a 31-year lease that would pay the county a total of $30.58 million. Azorra currently leases 8 acres at the airport, where it has been since 1995, and it wants to lease another 25-acre site. The lease requires the company to spend at least $10 million in capital improvements no the new site. However, it can terminate the expansion within one year if its due diligence period turns up concerns with the project.
The new FBO facility would include a hangar and terminal. Once that facility is completed, it will vacant its original site at the airport.
Story from: Brian Bandell, Senior Reporter- South Florida Business Journal – Dec 8, 2014, 6:45am EST
Photo Courtesy: Dmitry-Kalinovsky