A rendering of Miramar Park Place retail development to rise on 7 acres next to Altman Cos.' Altis multifamily project in Miramar. A rendering of Miramar Park Place retail development to rise on 7 acres next to Altman Cos.' Altis multifamily project in Miramar.

Two apartment communities are on tap in Miramar on part of a tract the developer just bought for $35 million, more movement in the multifamily market that shows it is one of South Florida's strongest property types.

The Altman Cos., a prolific condominium and apartment developer based in Boca Raton, will build 320-unit Altis West and 330-unit Altis East adjacent to each other on the northwest corner of Miramar Parkway and Red Road.

Next door, developers Master Development Inc., based in Dania Beach, and Konover South LLC, based in Deerfield Beach, will build retail complex Miramar Park Place.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.