Metropica is designed to create a walkable city center and skyline for suburban Broward County. Phase one, to cover 26 acres, will consist of 500,000 sf of class A office space in four six- and seven-story buildings, 363 multifamily homes in two eight-story towers and a restaurant village. The project also will include a central urban park and grand pedestrian piazza with fountains. The restaurant village is planned for five freestanding restaurants. Overall, it offers 60,500 sf of space, including retail pavilions and two more restaurants located inside two Metropica office buildings.
The first phase will set the stage for more office, related retail and residential development, according to Forrest Robinson, president of Codina Development Corp."In the Sawgrass area, the city has worked to create a high-quality urban setting with lasting value," Sunrise city manager Patrick Salerno says in a statement. "Metropica exemplifies these efforts."
Richard Heapes, a key player in the Mizner Park design, created the conceptual land plan. His company, Street-Works, also designed successful urban projects that include the Bethesda Row district in Bethesda, MD, and Front Street in Hartford, CT. Cooper Carry, the architectural firm for Mizner Park, is also designing the Metropica office complex. The design team also includes the international planning and landscape design firm EDSA, based in Fort Lauderdale, FL.
The project will be located at the northeast corner of Sunrise Boulevard and Panther Parkway (Northwest 136 Avenue), at the hub of the Interstate 595-Interstate 75-Sawgrass Expressway transportation network.
"Metropica is one of the last remaining parcels of its size in Broward County, providing an opportunity to create a cohesive project that will have major impact on the market over the next 15 years," Robinson says. "The exceptional roadway network puts Metropica 15 minutes from virtually anywhere in the Fort Lauderdale, Boca Raton and North Miami-Dade markets."
K-Group Holdings is involved in land banking and venture capital for real estate development. Codina, which has a portfolio of more than 12.5 million sf of interior space and more than 4,000 acres of land, is a full-service real estate company.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.