Introducing ‘The Pomp’: Harrah’s Pompano Beach Reveals Ambitious 223-Acre Development Project
Undergoing a significant transformation, Harrah’s Pompano Beach, formerly Isle Casino Pompano Park, is expanding after its rebranding by Caesars Entertainment. The property, located 35 miles north of Miami, recently underwent a rebranding and revitalization by Caesars, featuring 1,500 slot machines and a renowned 40-table WSOP poker room. Ceasing live racing due to national trends, Caesars plans to reshape the historic venue in collaboration with The Cordish Companies, turning the 223-acre property into ‘The Pomp,’ a premier casino, resort, and mixed-use destination. The Cordish Companies, renowned for its Live!-branded entertainment districts like Texas Live! and Xfinity Live! in Philadelphia, is extending its reach to Pompano Beach. Partnering with Caesars Entertainment, they’ve unveiled plans for ‘The Pomp,’ a groundbreaking mixed-use development at Harrah’s Pompano Beach. This ambitious project will feature two hotels, a variety of dining and entertainment options, retail and office spaces, and a total of 4,000 luxury residential units. According to Blake Cordish, principal of The Cordish Companies, “The Pomp represents one of the most dynamic opportunities for placemaking in the United States.” The development integrates casino gaming with top-tier entertainment, retail, dining, hotels, residences, offices, and lifestyle amenities, creating a unique destination. The name ‘The Pomp’ pays homage to the area’s history, once associated with a horse racetrack. Spanning over 1.3 million square feet of retail and entertainment space and 1.35 million square feet of Class A office space, The Pomp will be developed in multiple phases over several years. Cordish plans to introduce its Sports & Social restaurant and the popular PBR Cowboy Bar, alongside a state-of-the-art Topgolf venue featuring 102 outdoor climate-controlled hitting bays, set to open later this year. While specific budget details and completion timelines are yet to be disclosed, The Cordish Companies have a strong presence in Florida, having previously collaborated on the construction of the Hard Rock Hotel & Casino Hollywood and the Hard Rock Hotel & Casino Tampa with the Seminole Tribe. South Florida Luxury Real Estate | Ocean Area Living | Heather Lefebvre
Pompano Beach gives final approval to Cavache’s 319-unit multifamily project
Construction is expected to start early next year, with completion slated for 2026 Cavache Properties has received final approval for its second multifamily project in Pompano Beach, located in the Old Town Square area. Cavache Properties has received approval for their second multifamily project in Pompano Beach, known as Old Town Square II. The development will be situated at 210 Northeast Third Street, encompassing the former Christ United Methodist Church building as well as adjacent parcels to the north and south. Comprising of two buildings, the development will feature a 10-story structure with 229 units and a six-story building with 90 units. These two buildings will be interconnected by pedestrian bridges spanning Northeast Second Street, as stated in a news release from Cavache. The 10-story building will incorporate 3,400 square feet of commercial space designated for retail or a restaurant. Old Town Square II will offer apartments ranging from one to three bedrooms. Construction is scheduled to commence early next year, with an estimated completion date in mid-2026, according to the press release. The project received approval from the Pompano Beach Planning and Zoning Board last week. After acquiring a 5-acre assemblage consisting of six lots, including the designated Old Town Square II development site, Cavache Properties received approval nearly two months later. The purchase, worth $8.4 million, encompassed various properties such as 219 Northeast Third Street, two lots at 200 Northeast Fourth Street, and an empty parcel located on the northwest corner of Northeast Second Avenue and Northeast Second Street. According to Adam Adache, the managing partner at Cavache, the Christ United Methodist Church had stopped using the Pompano Beach building and had been conducting services in Fort Lauderdale prior to the sale. As part of their plans, Cavache intends to relocate a historic building from the church campus to Centennial Park. Regarding the remaining approximately 2.7 acres that won’t be developed as Old Town Square II, Adache mentioned that Cavache currently lacks specific project plans, as shared with TRD in May. Notably, Cavache is also working on the first phase of the Old Town Square project, located one block west of Christ United Methodist Church. This phase, spanning 1.7 acres between Northeast Second and Third streets on the east side of Northeast First Avenue, involves the development of a 281-unit residential complex with over 5,000 square feet of retail space. Completion for this project is expected this year. Cavache Properties, headquartered in Pompano Beach, is led by Adam and Daniel Adache, along with Managing Director Anthony Cavo. The firm has successfully completed various projects, including the boutique condominium project called 30 Thirty North Ocean, which features two five-story buildings comprising 24 units situated at 3030 North Ocean Boulevard in Fort Lauderdale. The architectural design for Old Town Square II is being handled by the Fort Lauderdale-based Adache Group Architects, led by Daniel Adache. It is worth noting that the development on former church-owned properties is a trend observed in South Florida. In Pompano Beach, the Archdiocese of Miami’s 8.3-acre site at 1200 Northwest Sixth Avenue is being transformed into an affordable housing complex known as St. Joseph Manor II Apartments. Developer Smith & Henzy Advisory Group, who leased the site from the Archdiocese, is responsible for the construction of the 50-unit complex. South Florida Luxury Real Estate | Ocean Area Living | Heather Lefebvre
Interest Rates Hover Near Historic All-Time Lows
Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market.