Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAUDERHILL, FL-Amera Broward Central Inc. signed agreements with the city to develop “Carishoca –A Caribbean Village” here at the intersection of State Road Seven and West Sunrise Boulevard. Planned as a 400,000-sf mixed-use development on 14 acres, it is designed to showcase the various cultures and influences of the Caribbean. The estimated construction cost is $100 million.

Carishoca means Caribbean Showcase. The developing company is a subsidiary of Coral Springs-based Amera Corp. whose founder and CEO, George Rahael, is from Trinidad. Raphael says he has held discussion with the counsels general of several Caribbean Island nations in efforts to attract them to consolidate their properties, which are currently scattered throughout Florida, in the village. Carishoca will include an office building and trade exhibition hall.

Plans for the complex also call for a 250- to 300-room hotel along with Caribbean-style restaurants and entertainment facilities. The village is adjacent to the $50-million Broward County regional park now under construction. Its architecture and ambiance are designed to reflect the esthetics and vitality of Caribbean countries in an area now marked by a long-boarded up former Kmart.

Amera’s South Florida portfolio encompasses more than 700,000 sf of completed projects. It is the master developer for Coral Springs’ new downtown and, in all, has projects totaling almost five million sf committed for development. Among them is a $95-million mixed-use complex on Palmetto Park Road in Downtown Boca Raton.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.