Demolition should take two weeks, according to John Chappelear, a senior vice president with the Related Group of Florida. Next, excavation and utility work will begin followed by vertical construction.

Plans call for the Venture residences to be located in two mid-rise buildings joined by courtyards. The project will also include 18,000 sf of ground-floor retail space. The Venture will be the first phase of an approved conceptual site plan for a redeveloped town center. Among the amenities will be three pools, a fitness center, spa, business center, cyber lounges, club room, and valet and concierge services. Arquitectonica is the architect.

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
NOT FOR REPRINT

© 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.