Homewood Residences, Hillsboro Beach
The Setting for your Life Story, Featuring Rosewood Residences in Hillsboro Beach with dockage! Located in the middle of a barrier island amongst some of the most exclusive homes in the U.S. The world famous Hillsboro Mile has little to no crime & the community is under 1 mile to the inlet. South Florida Luxury Real Estate | Ocean Area Living | Heather Lefebvre
Brand New Youth Sports Complex!
The 10-acre sports complex includes: 4,000 square feet facility with concessions, offices and restrooms 4 rectangular fields for soccer, lacrosse and flag football (2 artificial turf + 2 Bermuda grass designed for younger children) Parking support for Sample-McDougald House Don’t wait to sign your children up for Fall sports at this beautiful new facility located at 700 NE 10th Street. Call (954) 786-4119 or visit parks.pompanobeachfl.gov/pages/athletics for more information. LA Fitness and fitness trails with brand-new equipment are within walking distance from the Athletic Fields. The facility is conveniently located just minutes from 3-miles of beautiful shoreline with endless watersports, 700 acres of parks, as well as professional golf, tennis, and aquatics facilities. South Florida Luxury Real Estate | Ocean Area Living | Heather Lefebvre
Harrah’s Pompano Beach Unveils Plans for Expansive 223-Acre Project Named ‘The Pomp
Harrah’s Pompano Beach, previously known as Isle Casino Pompano Park prior to its rebranding by Caesars Entertainment, is preparing for a significant expansion. This development is located approximately 35 miles north of Miami and involves an overhaul of the racino property. In 2018, Caesars Entertainment acquired the Isle Casino and Harness horse racetrack through a merger with Eldorado Resorts. This led to the rebranding of the racino, which was later transformed into Harrah’s Pompano Beach in late 2022. Within the casino premises, visitors can find a total of 1,500 slots and a poker room featuring 40 tables dedicated to the World Series of Poker (WSOP). Due to the declining interest in horse racing across the United States, Caesars made the decision last year to discontinue live racing at this historically significant facility, which has been in operation for nearly six decades. Caesars’ primary focus has shifted towards gaming and hospitality rather than equestrian activities. The renowned Las Vegas gaming corporation aims to metamorphose Pompano Park, originally known for its horse racing and slots, into a premier casino and resort destination. This transformation is intended to be complemented by a sprawling mixed-use development. For the redevelopment of the former racetrack, stables, and training grounds, Caesars has entered into a partnership with The Cordish Companies, a distinguished gaming and hospitality firm headquartered in Baltimore. Spanning across a substantial 223-acre expanse in Pompano Beach, the property, much of which remains undeveloped, is slated to undergo a transformation into what is now known as “The Pomp.” This joint project announcement was made by Caesars and Cordish on a Thursday. The Cordish Companies, recognized for its Live!-branded entertainment districts, boasts several successful ventures, including Texas Live!, Xfinity Live! in Philadelphia, and Kansas City Live!. While Cordish has gained acclaim for its casino establishments in Maryland and Pennsylvania, their role in Pompano Beach will prioritize non-gaming attractions. In a collaborative statement, Caesars and Cordish unveiled the name of the mixed-use development at Harrah’s Pompano Beach: “The Pomp.” This expansive complex is expected to encompass an array of features, including two hotels, diverse entertainment and dining options, retail and office spaces, as well as a remarkable 4,000 luxury residential units. Blake Cordish, Principal of The Cordish Companies, highlighted that “The Pomp” offers an exceptional opportunity for creating a vibrant destination. This project stands as a unique fusion of casino gaming with top-tier entertainment, retail, dining, lodging, office facilities, and lifestyle amenities. The name of the development carries historical significance, paying homage to the site’s past as a horse racetrack. Once completed, “The Pomp” is set to become a prominent destination in Southeast Florida. The development process is projected to span multiple years and encompass various construction phases. Ultimately, Harrah’s Pompano Beach and “The Pomp” are anticipated to collectively offer an impressive 1.3 million square feet of retail and entertainment space, alongside 1.35 million square feet of Class A office space. As part of the development, Cordish will introduce its renowned Sports & Social restaurant to “The Pomp,” along with a PBR Cowboy Bar, a popular sports bar and live country music concept operated by Professional Bull Riders, Inc. Furthermore, “The Pomp” will include a Topgolf venue, featuring 102 outdoor climate-controlled hitting bays and the signature ball-tracking technology associated with Topgolf. While specific budget details and completion timelines were not provided by Cordish, the company’s track record in the Sunshine State remains notable. Their involvement in assisting the Seminole Tribe in constructing casino resorts, including the Hard Rock Hotel & Casino Hollywood and Hard Rock Hotel & Casino Tampa, underscores their expertise in the field. South Florida Luxury Real Estate | Ocean Area Living | Heather Lefebvre
OceanLand plans 40-story apartment tower near Fort Lauderdale Brightline stop
Canadian transplant Jean Francois Roy paid $13M for dev site in March Jean Francois Roy, a Canadian transplant, has planned a 40-story apartment tower near the downtown Fort Lauderdale Brightline passenger train station. OceanLand Investments, the development firm led by Roy, intends to construct a 392-unit building that includes a parking podium and a 10th-floor amenity deck. The location for this project is at 105 Northwest Third Avenue. Both a company news release and an OceanLand spokesperson confirm these details. The design of the tower is a collaboration between FSMY Architects + Planners and AM Studio, and it may also feature around 8,800 square feet of ground-floor retail space and potentially a restaurant. OceanLand acquired the development site, which encompasses the adjacent lots at 113 and 117 Northwest Third Avenue and at 110 Northwest Fourth Avenue, for $13.2 million in March. The land is situated west of the Brightline station. As per the spokesperson, construction is anticipated to commence in the latter half of 2025. Despite the increased cost of construction financing due to interest rate hikes by the Federal Reserve, South Florida developers are persistently announcing their project plans. Many of these developers are directing their focus towards multifamily projects and are taking the opportunity to build near Brightline’s stations. To the east of the Fort Lauderdale stop, the Damaghi family from Great Neck, New York, owns two parcels of land that were acquired in 2021 and 2022 for a total of $39.4 million, according to records. However, the family has not yet revealed any details about their development intentions. In the vicinity of Miami-Dade County’s Ojus station, Arnaud Karsenti’s 13th Floor Investments proposed a 300-plus-unit apartment building at 19680-19770 West Dixie Highway in December of the previous year. Additionally, Yakov Cohen and Shimon Bouskila submitted an application for a 15-story, 261-unit apartment project at 2655-2660 Northeast 189th Street, a few blocks south of the Ojus station. OceanLand, a Fort Lauderdale-based company founded by Roy in 1990, boasts a portfolio of previous projects comprising 26 condominiums, multifamily properties, and senior living facilities, totaling over 4,000 units. Notable ventures include the Ritz-Carlton Residences in Singer Island, Palm Beach, and Aqua-branded condominium buildings in Fort Lauderdale. Furthermore, OceanLand initiated the sale of units in their 94-unit Sixth & Rio condo building located at 501 Southeast Sixth Avenue in Fort Lauderdale last year. 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.