The project, being developed by Steven Posner's Oceanfront LLC company, was supposed to have broken ground in 1995 when Victor Posner won a 1971-filed lawsuit against the Broward County city. Victor Posner fought and won the right to build a 1,500-unit condo community.
But repeated ground-breaking delays over the past seven years shelved the project, causing property tax and other revenue-loss problems for Hallandale, city manager Charity Pape tells GlobeSt.com.
"It's a loss in the sense that we don't have anything there," Pape says. The condo complex would be the largest commercial/residential project of its kind in Hallandale.
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