A Colombian developer purchased a 0.62-acre site in Flagler Village, Fort Lauderdale, for $5.32 million, intended for multifamily development. The site, sold by RRAC Flagler 626 LLC, is approved for 110 units and reflects rising rental rates in the area. This marks Continua Group’s first South Florida acquisition. Click to read the article in The Business Journal
Developer could replace North Miami church with 240 apartments
A church and religious school in North Miami are being replaced with an 11-story apartment complex featuring 240 units, 22,127 square feet of commercial space, and 339 parking spaces. The project, designed by G3 AEC, will include amenities like a pool, gym, and lounge. Priced as workforce housing, the development is part of Continua and SP Developments’ Urbania brand, with similar projects in Hialeah and Fort Lauderdale.