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Q1 Start Set for $84M Residences at Fountains

PLANTATION, FL-Work will begin on the 251-unit first phase, which is expected to be completed in late 2009.

By Natalie Keith | Updated on January 08, 2008

(Read more on the multifamily market.)

PLANTATION, FL-Miami-based American Land Ventures is planning to break ground in the first quarter on the $84-million, 251-unit first phase of the Residences at the Fountains apartment complex on University Drive. The project will be constructed in two phases.

A 12-story tower will be constructed in the first phase, a 227-unit, 11-story tower in the second. The first phase is expected to be completed in late 2009. The project will consist of studio, one-, two- and three-bedroom units that will range in size from approximately 710 to 1,533 sf. The average size of a unit is 1,096 sf. Community amenities include a business center, lap pool, cyber café and fitness center.

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