A joint venture between 13th Floor Investments and JSB Capital Group is preparing to break ground on Parks at Davie, a multifamily development in Broward County’s Town of Davie. Situated on the east side of Broward College’s Davie campus, on the northwest corner of Davie Road and Southwest 37th Street, the project will encompass 383 market-rate and workforce apartments across a series of five-story buildings. Santander Bank provided $67.5 million in construction financing. The project is slated to get underway later this month and be completed in 2027. 

Marble Capital provided preferred equity for the project. Aztec Group’s Peter Mekras led a team that assisted with capitalization.

Designed by Corwil Architects, Parks at Davie will offer apartments ranging from studios to three-bedroom units measuring between 568 and 1,415 square feet. The community will include a clubhouse with a resort-style pool, a state-of-the-art fitness center, a business center with co-working areas, and about 6,200 square feet of ground-floor retail space.