28-04-2025
- Business
- Business Journals
Midtown Capital plans apartments at Plantation Pointe under Live Local Act
An e-commerce giant's South Florida headquarters might soon have new neighbors, as plans emerge to build apartments where cars currently park.
Story Highlights Developer proposes 300 apartments in Chewy's Plantation headquarters parking lot.
Project includes 20% workforce housing under Live Local Act.
Plantation Pointe transformation aims to create live-work-play environment.
A Miami-based developer could build an apartment complex in the parking lot of the Plantation headquarters of e-commerce firm Chewy.
Plantation B2 LLC, managed by Alajandro Velez of Miami-based Midtown Capital Advisors, filed a site plan application under the state's Live Local Act for the 7.9-acre site at 7510 W. Sunrise Blvd. The developer acquired the property for $6.09 million in 2024.
It currently serves as parking for Plantation Pointe, an office park that includes tenants Chewy and Magic Leap. It was originally developed for Motorolla. It also has retail and restaurants on its outparcels.
The apartment development site is located on the northeast corner of the Plantation Pointe site.
The developer has proposed 300 apartments in six stories, plus a 358-space parking garage. The apartments would range from studios to three bedrooms. The project would include a pool and a courtyard.
Chewy employees would still have 275 surface parking spaces.
The project would designate 20% of the apartments as workforce housing for people making up to 120% of area median income under the Live Local Act. The law allows developers to bypass a public hearing if at least 40% of the units are workforce housing, but since this project doesn't reach that threshold, a public hearing will be required. The property is currently zoned industrial.
The median household income in Broward County is $89,100, according to HUD.
Fort Lauderdale-based attorney Barbara A. Hall, who represents the developer in the application, couldn't be reached for comment. The project was designed by Coral Gables-based Corwil Architects. The developer is also working with planning firm Kimley Horn.
'Plantation Pointe has been successful in transforming an outdated single-user industrial property into a multi-tenant office campus with retail and commercial uses along University Drive and a portion of Sunrise Boulevard,' Hall stated in the application. 'This is a next step in that transformation. This site plan amendment will build upon the existing mixed-use concept by developing a new residential building at the northeast corner of the site to introduce a live-work-play environment.'
Throughout South Florida, many developers have built multifamily in the parking lots of office buildings. This enhances the value of the underutilized parking lot and allows people to live closer to where they work.
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Rank Prior Rank Company / Prior (*Not ranked in year prior) / URL
1
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Butters Construction & Development
2
2
Bridge Industrial
3
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