Plat filed for $325M Atlantic Plaza II

DELRAY BEACH - CDS International Holdings Inc. filed in December for plat approval for Atlantic Plaza II, which is expected to transform two blocks in the city of Delray Beach into a downtown mixed-use destination.

CDS anticipates summer approval for the new plat, which unifies several parcels the company assembled. The 8.5-acre site is at the corner of Atlantic Avenue and Federal Highway, next to the city’s Veteran’s Park along the Intracoastal Waterway.

HFF arranges sale of Lincoln Theatre

MIAMI - The Miami office of Holliday Fenoglio Fowler LP arranged the sale of the historic Lincoln Theatre, a 38,000sf mixed-use property on Miami Beach’s famed Lincoln Road Mall.

HFF Executive Managing Director Manuel de Zarraga, Managing Director Danny Finkle and associate directors Luis Castillo and Jaret Turkell led the investment sales team on behalf of the seller, New World Symphony. A partnership led by Miami-based Savitar Realty Advisors purchased the property.

$325M Atlantic Plaza II to begin development

DELRAY BEACH - With approvals in place, Atlantic Plaza II is poised to transform two city blocks here into a suburban downtown mixed-use destination, according to Bill Milmoe, president of CDS International Holdings Inc. Sitework for the initial phase of the $325 million project is set to begin this summer.

Suffolk Construction tops off Met 2 project

MIAMI - During an on-site “topping off” ceremony held May 22, Suffolk Construction announced it completed the shell structure of the Met 2 office and hotel building in downtown Miami.

Progress made at Old Spanish Village

CORAL GABLES - Old Spanish Village, the $350 million New Urbanism development in Coral Gables, is progressing steadily. The exterior structure of the first building, part of Phase I of The Villas, is complete. Underground utilities and underground infrastructure are 90% complete. Construction of Phase I began in April 2008, and the first of seven buildings in this phase will be complete in April.

The Spanish-inspired grand archway, which serves as the village’s entry and symbolizes the realization of the vision of Coral Gables’ founder George Merrick, was inaugurated in January.

Moss & Associates wraps CityPlace South Tower

FORT LAUDERDALE - Moss & Associates recently announced the completion of CityPlace South Tower, a $106 million mixed-use construction project in West Palm Beach.

Developed by The Related Group, CityPlace South Tower is a 20-story condominium tower with 380 luxury units and 40 private villas, as well as 9,333sf of street-level commercial and retail space.

Work begins on Gables Wilton Park

WILTON MANORS - Joseph Pasquale, president of Pasquale Kuritzky Architecture Inc., a full-service residential and commercial architectural firm based in Fort Lauderdale, has announced that permits have been issued and construction has begun on Gables Wilton Park, a mixed-use development. Gables Wilton Park is owned by LG Wilton Park LLC and is at the southeast corner of NE 21st Court and Wilton Drive in Wilton Manors.

Stiles adds tenants at Township Plaza

FORT LAUDERDALE - In Coconut Creek’s fast-growing business district, Stiles Corp. has completed major renovations and added several new tenants at the 74,274sf Township Plaza mixed-use center.

Located at the southeast corner of Sample and Lyons roads, across the street from the new 500-acre Downtown Coconut Creek main street district, Township Plaza was acquired by a joint venture of Stiles Capital Partners and Capri Capital Partners in 2007.

321 North earns master plan approval

PLANTATION - US Capital Holdings Group has received master plan approval for 321 North, an $800 million mixed-use project in the heart of Plantation.

US Capital Holdings Group will begin redeveloping the former Plantation Fashion Mall and building 550,000sf of gross retail, 613,000sf of office, and up to 590 residential units. The existing office building is scheduled to be complete in 2009, the retail component is slated to open in 2011, and the new office towers are expected to be complete by 2012.

Zoning approved for Miami Worldcenter

MIAMI - The Miami City Commission approved Special District Zoning for Miami Worldcenter - one of the largest urban renewal projects in the United States.

The Special District Zoning allows Miami Worldcenter to implement state-of-the-art urban planning principles in its development, including an emphasis on the pedestrian experience and improved design criteria. In addition, the commission also approved a development agreement ensuring the developer’s commitment to deliver open public space and help implement the city’s long-term vision over the next 20 years.