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Radius Sells Out 285 Units

HOLLYWOOD, FL-The project, under development by Lane Investment and Development Corp. and FIRM Realty, is the first of several buildings planned to follow the Young Circle curve. The project is slated to break ground in January and be completed in May 2006.

By Melissa Bogdany | Updated on July 30, 2004

HOLLYWOOD, FL-Radius, a 285-unit condominium project being developed in here, sold out the weekend it opened its sales center. The groundbreaking for Radius is set for January, and the project has a planned completion date of May 2006. Radius, to be built at 200 N. Young Circle, is a joint venture between Lane Investment and Development Corp., a subsidiary of Atlanta-based Lane Co., and locally based FIRM Realty. The project is Lane Investment’s first condo project in South Florida.Radius will feature one-, two- and three-bedroom units and some loft units. The units, which have 690 to 1,480 air-conditioned sf, are pre-construction priced from $175,000 to $600,000. Premier Sales Group Inc. is the sales and marketing firm for Radius, which Mouriz, Salazar & Associates Inc. designed.Radius is the first building of several planned that will follow along the curve of Young Circle. The design is part of the Hollywood City Commission/Community Redevelopment Agency’s vision to help revitalize Downtown.

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