Property: The District in Davie
Developer: El-Ad National Properties
Architect: Cooper Carry
Location: Davie, Florida
Cost: $1 billion (estimated)
A shopping center near Miami will soon take on new life as a massive mixed-use residential, retail, and commercial project expected to break ground in the middle of this year.
At an estimated 1,256 units across five residential towers, The District in Davie is expected to be the largest multifamily project in Davie’s history, according to a press release from its developer, Boca Raton, Florida-based El-Ad National Properties. The development is located 24 miles north of Miami’s urban core and a few minutes from a major Davie tourist destination, the Seminole Hard Rock Hotel & Casino.
"This project is a game-changer for Davie, by providing much-needed modernized residential living opportunities close to nearby universities, medical facilities and employment hubs such as the airport and seaport," said Noam Ziv, CEO of El-Ad National Properties, in the press release.
At full buildout, the $1 billion, 2.8-million-square-foot project is expected to encompass five multifamily towers constructed over three phases, designed by Atlanta-based architect Cooper Carry. The towers will include 1.6 million square feet of Class A residential space, indoor and outdoor amenities, 36,000 square feet of restaurants and retail and 2,650 parking spaces.
Each building will range from 20 to 24 stories tall, and offer studio, one-, two- and three-bedroom apartments, some with dens. Units will include keyless entry, high-speed internet and smart thermostats.
Each building will also have its own pool, fitness center, penthouse-level lounge with indoor and outdoor entertainment centers, bark parks, grooming stations, childrens’ play areas and coworking spaces. Planned green features include EV charging stations in parking garages, bicycle parking and storage and LED lighting.
Pre-leasing for the first phase is set to begin in early 2025, with construction expected to finish the same year.