They call it The Pomp, a mega-project in Pompano Beach built around a renovated casino that has developers lining up to ante up for a piece of the action.
The latest bet on the master-planned mixed-use community rising around Harrah's Pompano Beach Casino has been placed by Atlantic Residential and Northwestern Mutual Life Insurance, which ponied up $29M for a vacant 12.8-acre site in the development.
Atlantic bought a 22.7% stake in the site, located at 777 Isle of Capri Circle, with Northwestern taking the balance, according to real estate database Vizzda.
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