(For more retail coverage, click GlobeSt.com/RETAIL.)
PLANTATION, FL-Locally based private equity investor US CapitalHoldings Group is planning a $350-million mixed-use redevelopmentof the former Plantation Mall property. The project, 321 North,will rise in a 33-acre site near the northwest intersection ofBroward Boulevard and University Drive.
Existing development on the site include a largely vacant650,000-sf enclosed retail mall, a 114,000-sf office pavilion and aseparately owned Sheraton Suites Hotel, which is undergoing a majorrenovation. US Capital is owned by Gang Lu, one of China's top 50steel manufacturers.
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