$160M Phase I of 65-Acre Project Set to Break Ground

SUNRISE, FL-The conceptual plan for the $160-million-plus first phase of the planned 65-acre, mixed-use development Metropica has received approval from the City of Sunrise and the project is set to break ground this spring. The project is being developed by JV Developers, a partnership of K-Group Holdings of Miami, and Codina Group, based in Coral Gables, FL.

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.”