Luxury development in Hallandale Beach in South Florida scoring $22 million loan – Commercial Observer

Luxury development in Hallandale Beach in South Florida scoring $22 million loan - Commercial Observer

Amenities will include both indoor and outdoor movie theaters, a golf simulator, and a pet park.

The loan will finance the second phase of construction, which will cover the build-out of the retail space, the agent added. She declined to provide any other details about the loan.  Construction began in May 2020 and is expected to end by 2025, Maria Fermin, a Hallandale Oasis developer agent, said.

Situated less than three miles from Aventura and about a mile from the ocean, the mixed-use project sits on the south end of Broward County at 1100 East Hallandale Beach Boulevard.  Designed by high-profile firm Arquitectonica, the 10.8-acre development will consist of 13,100 square feet of office space, 81,900 square feet of retail, and two 25-story residential towers totaling 500 units. The apartments’ asking prices are slated to range between $400,000 and $2.8 million. 

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