AARE Sunbelt, Stellar to Start Environmentally Respectful Multifam in Dania Beach
AARE Sunbelt, an affiliate of Adam America Real Estate, and Stellar Communities have acquired 7.2 acres on 54 Court in Dania Beach, FL for a six-story, 275-unit multifamily development.
The CFE Architects-designed development will have lush greenery and water features along with a nature preserve with trails, parks, resort style pool, fitness center, club room, coworking space and electrical charging stations. The development is designed to meet The National Green Building Standard.
“We see an incredible opportunity to continue providing exceptional housing while minding our environment on this beautiful property surrounded by a tree preserve,” said Larry Baum, managing partner of Stellar Communities.
The property is near Seminole Hard Rock Hotel & Casino, six miles from Fort Lauderdale International Airport and 23 miles from Downtown Miami. The $800-million Dania Pointe project, also nearby, will encompass 600,000 square feet of retail, restaurant and entertainment space together with office space, apartment buildings and hotels.
- ◦Sale/Acquisition