Frequent development partners Related Group and BH Group are planning to convert a former AT&T office building in Plantation into a large retail multifamily complex.
The joint venture is proposing the Plantation City Center project, consisting of nine buildings with 481 apartments, a total of 17,000 square feet of retail space, and 993 parking spaces divided between garages and street parking. Coconut Grove-based Related and Aventura-based BH recently submitted a site plan to the Plantation City.
One of the buildings will be 10 storeys high and accommodate 289 apartments, plans show. The remaining units will be spread across five three-storey buildings and two two-storey buildings. The venture is seeking a waiver to exceed the maximum of 343 units allowed by the property’s current zoning. About 10 percent of apartments will be set aside for affordable housing, the plan says.
Miami-based Arquitectonica is the architect of Plantation City Center.
In April, Related and BH paid $13 million for the 14-acre site, which currently houses a commercial building of about 130,000 square feet and was completed in 1986. Former owner, Miami-based Fifteen Group Capital, has received city approval to develop a mixed-use, four-building project with 375 apartments, 103,000 square feet of office and 5,000 square feet of retail space. Group Fifteen also received exemptions for more units than are currently allowed.
Related Companies, led by Chairman Jorge Pérez and his sons Jon Paul and Nick, has partnered with BH, led by Liat and Isaac Toledano, on a series of real estate projects in South Florida.
In Hollywood, the joint venture plans to build a 42-story Hilton-branded hotel and a 38-story condominium at two development sites adjacent to the oceanfront Diplomat Beach Resort.
Last month, Related and BH signed a 99-year land lease with the Riviera Beach Community Redevelopment Agency to develop a mixed-use project at the city-owned Marina Village. The partnership plans to build two 20-story buildings with 424 apartments and 8,000 square feet of retail space. The development team also includes Tezral Partners, a West Palm Beach-based real estate firm led by former Riviera Beach CRA executive director Tony Brown, who was fired in 2016.
In May, the North Miami City Council approved a site plan for a proposed 10-story, 53-unit complex by Icon Residences, Related, Teddy Sagi and BH Group. The one-acre redevelopment of Key Biscayne is the closed White House Inn, a two-story hotel completed in 1969.
