 |
|
|
Size (sq.
ft.)
|
Year Built
or Renovated
|
Property
Type
|
Estimated
Value
|
|
|
| |
Biscayne Landing
North Miami, FL |
190 Acres
|
Commenced in 2004
|
Residential
|
Over $2 Billion
|
|
| |
Oakridge
Hollywood, FL |
477 Units
|
1995-98
|
Residential
|
$95 Million
|
|
| |
West
Lake
Hollywood, FL |
770 Units
|
1993-96
|
Residential
|
$135 Million
|
|
| |
Trilogy
Miramar, FL |
489 Units
|
1992-93
|
Residential
|
$80 Million
|
|
| |
Park
Terrace
Hollywood, FL |
284 Rental Units
|
1990
|
Residential
|
$22 Million
|
|
| |
Park
Colony
Hollywood, FL |
316 Rental Units
|
1988
|
Residential
|
$25 Million
|
|
| |
Maple Ridge
Hollywood, FL |
375 Single Family Units
|
1999
|
Residential
|
$90 Million
|
|
| |
Pinehurst Club
Hollywood, FL |
196 Rental Units
|
2000
|
Residential
|
$17 Million
|
|
| |
Renaissance on the Beach
Hollywood, FL |
208 Units
|
2000
|
Residential
|
$100 Million
|
|
| |
Spring Valley
Pembroke Pines, FL |
1800 Single Family Units
|
2000
|
Residential
|
$180 Million
|
|
| |
Windsor
Hollywood, FL |
388 Rental Units
|
1999
|
Residential
|
$38 Million
|
|
BISCAYNE LANDING
North Miami, FL
Biscayne Landing is a $1 billion mixed-used residential community being developed
in joint venture with Boca Developers of Deerfield Beach, Florida. The project
broke ground in January 2003 and is one of the most significant urban redevelopment
projects in South Florida's history.
Situated on 190-acres in the heart of North Miami, Biscayne Landing will be
master planned around a town center and consist of approximately 5,000 condominium
apartments. Amenities will include multiple club houses, pools and tennis courts
along with a 35-acre park featuring jogging trails, picnic areas, a children's
playground and more. The 100,000 square foot town center will feature restaurants
and retail stores. A five-acre hotel and conference center will be for local and
City use and for joint programs with neighboring Florida International University.
A local charter school will also be developed adjacent to the Project.
Biscayne Landing stretches from 137th Street to 151st Street along Biscayne
Bay and is a public/private venture in cooperation with the City of North Miami.
Swerdlow Group was the successful bidder in the City of North Miami RFP for
development of the site and plans to commence construction in January 2003 following
the completion of a long-term lease with the City. The project will be on the largest
piece of undeveloped land east of I-95 in Miami- Dade and Broward counties and will
be one of the most significant urban redevelopment projects in South Florida's history.
OAKRIDGE
Hollywood, FL
 Oakridge
is a 153-acre, 477-unit high-density single-family residential
development located on the former Oakridge Golf Course. The
site is located approximately 1 mile west of I-95 and is bounded
on the north by Griffin Road, on the west and south by Florida
Power and Light high-power transmission lines, and on the
east by an existing residential neighborhood.
Swerdlow Group successfully completed a local Land Use
Plan Amendment with the Florida Department of Community Affairs,
Broward County and the City of Hollywood following its annexation
into Hollywood from unincorporated Broward County. The County
and City Comprehensive Land Use Plans had to be modified accordingly.
The Land Use Plan Amendment was successfully defended against
an appeal by local community groups.
Unique development characteristics include converting an
existing golf course drainage system to serve a residential
development. The site now directs its drainage outfall to
the Dania Cutoff Canal north of Griffin Road. Approvals to
route drainage outfall to the Dania Cutoff Canal were obtained
from the US Army Corps of Engineers, State of Florida Department
of Environmental Protection, the South Florida Water Management
District, the Broward County Department of Environmental Protection,
and the City of Hollywood. The Oakridge development also included
the preservation and incorporation of a 6-acre archeological
site within the site's 40 acres of open area and passive parks.
Swerdlow Group acquired the property from a Chicago based
REIT that had failed on more than one occasion to effect a
change in the Land Use Plan and Zoning. Swerdlow Group's reputation
in the community and its willingness to address local concerns
enabled it to succeed where others had failed.
Construction and sale of the homes were ventured with Westbrooke
Communities, a respected South Florida homebuilder. The project
was completed and the homes sold-out well ahead of the original
budget and schedule. Home purchasers had a selection of models
to choose from that ranged in base price from $140,000 to
$250,000. The redevelopment of the long neglected Oakridge
Golf Course initiated a host of other new construction in
the area that has since improved the character of the Griffin
Road corridor in the City of Hollywood.
WEST
LAKE VILLAGE
Hollywood, FL
 West
Lake Village is a 95-acre, 770-unit high-density single-family
residential development located within ¼ mile of the
Intercoastal Waterway. It is bounded on the north, east and
west by Broward County's West Lake Park which contains the
largest mangrove preserve in Southeast Florida.
Approvals by state, county and local agencies were required
to construct numerous environmentally sensitive components
of the development. These agencies include the U.S. Army Corps
of Engineers, Florida Department of Environmental Protection
(DEP), Florida Department of Transportation, South Florida
Water Management District, Broward County Department of Natural
Resource Protection, Broward County Parks and Recreation,
and the City of Hollywood.
Mangroves overlain by several feet of bay-bottom silt characterized
the pre-existing soils. Soil compaction and stabilization
was achieved by statically preloading the entire site with
imported fill placed to a height of 20 feet above mean sea
level.
Foremost among the environmentally sensitive components of
the development was the DEP Class III closure and conversion
of a 30-acre City of Hollywood Yard Clippings Landfill into
an active recreation area containing open ball fields, tennis
courts, a clubhouse and a pool.
Additional unique components include an 80-foot wide entrance
roadway through state and county wetlands, relocation and
remediation of tidal canals, several bridge structures spanning
mangrove preserves, creation of a 20-acre mangrove forest
and the protection of the City of Hollywood Regional Wastewater
Treatment Plant's 60-inch ocean outfall main crossing the
property. Also, the draining system is comprised of a series
of swales, culverts, lakes, dry wells and control structures
designed and constructed to operate adjacent to and within
the tidal wetlands environment.
In 1992 and 1993, the conventional wisdom was that the single
family, for-sale housing market had moved to the western part
of Broward County and there was no demand for such housing
in eastern Broward.
Despite comments to the contrary by many critics, the project
was designed to provide a secure, amenitised, urban, for-sale,
single family environment in an east Hollywood location adjacent
to West Lake Park and near the beach. The plan included three
basic housing types with base prices ranging from $125,000
to $250,000. The home construction was ventured with Westbrooke
Communities, who proceeded to build and sell homes at an average
rate of over 15 units per month. The result was a resoundingly
successful project that achieved all its financial goals and
contributed significantly to the revival of east Hollywood
and its downtown areas.
TRILOGY
Miramar, FL
 Trilogy
is a 163-acre, 468-unit single-family residential development
located at the southwest corner of the Pembroke Road and Flamingo
Road intersection. Trilogy was a fast-paced project having
opened for sales immediately prior to Hurricane Andrew in
1992. Development was completed in less than two years in
order to keep pace with sales.
The project included extensive site clearing and earthwork
operations consisting of over 6 million cubic yards of material.
At the time, the City of Miramar did not have water and sewer
facilities to serve this development. Interagency agreements
were negotiated to construct a water main interconnect to
the City of Pembroke Pines water distribution system and over
5-miles of off-site water main extensions to deliver potable
water to the site. Additionally, on-site facilities were constructed
to accommodate a future City of Miramar raw water wellfield
and adjacent water treatment plant.
Prior to the start of development the property was concluded
to contain wetlands. Although the majority of the 50-acres
of wetlands mitigation occurred on-site, a 20-acre off-site
mitigation project was included in the environmental approvals
required by the US Army Corps of Engineers, the South Florida
Water Management District, and the Broward County Department
of Natural Resource Protection.
PARK TERRACE
Hollywood, FL
Park Terrace is a 272-unit rental residential development located at South
Park Road and Luna Drive in Hollywood, Florida.
Floor plans consist of one, two and three bedroom apartments utilizing four
floor plans in four building types. Average apartment size is 870 square
feet. Pool area and recreational amenities are provided. The development
was completed in 1990 at a value of $22 million.
PARK COLONY
Hollywood, FL
 Park Colony is a 315-unit rental residential development located at South
Park Road between Luna Drive and Washington Street in Hollywood, Florida.
Floor plans consist of one, two and three bedroom apartments utilizing five
floor plans in four building types. Average apartment size is 830 square
feet. Pool area and recreational amenities are provided. The development
was completed in 1988 at a value of $25 million.
MAPLE RIDGE
Hollywood, FL
 Maple Ridge is a
residential community with 375 single-family units in Hollywood, FL,
with an estimated value of $90 million.
PINEHURST CLUB
Hollywood, FL
 Pinehurst Club
is a residential community with 196 rental units in
Hollywood, FL, with an estimated value of $17 million.
RENAISSANCE ON THE BEACH
Hollywood, FL
Renaissance on the Ocean is a residential
community with 208 units in Hollywood Beach, FL, with an estimated value of $100 million.
SPRING VALLEY
Pembroke Pines, FL
Spring Valley is a residential
community with 1,800 single-family units in Pembroke Pines,
FL, with an estimated value of $288 million.
WINDSOR
Hollywood, FL
Windsor is a residential community with 388 rental units in Hollywood, FL, with
an estimated value of $38 million.
|
