DAVIE, FLA. — El-Ad National Properties, a subsidiary of Elad Group based in Boca Raton, has released plans for a 2.8 million-square-foot mixed-use project in Davie, 24 miles north of Miami. The town of Davie has approved the development.
The project, called The District in Davie, is expected to cost approximately $1 billion, according to El-Ad. At full build-out, the property will comprise 1,256 apartment units across five high-rise buildings, as well as 36,000 square feet of ground-floor restaurant and retail space.
Each building will range from 20 to 24 stories and offer studio, one-, two- and three-bedroom floor plans. Community amenities at The District in Davie will include pools, fitness centers with spas, dog parks, coworking space, game lounges, children’s play areas and rooftop lounges. Individual units will offer keyless entry, Wi-Fi connectivity and smart thermostats.
Approximately 1.1 million square feet of access controlled onsite parking will also be available. Planned green elements for the community include electric vehicle charging stations, bicycle storage areas and LED lighting fixtures.
Located at 4801-4999 S. State Road 7 on the southwest corner of Griffin Road and State Road 7 in Broward County, the complex is near Fort Lauderdale and Miami’s urban core. The property is just north of Seminole Hard Rock Hotel & Casino.
“The District in Davie is a trailblazing, defining milestone for the town and is an example of our commitment to working with developers such as El-Ad National, who approach new projects in the appropriate zoning as opportunities and destination points for the community,” says Davie Mayor Judy Paul.
Construction on The District in Davie is slated to begin later this year. El-Ad National Properties expects to complete the first phase of the development in 2025, with pre-leasing expected to begin in early 2025. The architect is Cooper Carry of Atlanta, and the landscape architect is EDSA of Fort Lauderdale.