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BEFORE AND AFTER: How Gardens outdoor mall could be transformed

The owners of Downtown at the Gardens are counting on a total transformation of the struggling family-oriented shopping center next to The Gardens Mall to attract shoppers and stave off more vacancies. RELATED: Downtown at the Gardens shopping center could get total makeover They pitched their ideas for the overhaul to the Palm Beach Gardens City Council at its meeting Thursday night. The plans likely won’t be formally submitted to the city until this summer, at which time they’ll be vetted by the city staff.  The City Council will have to sign off on the final plan. In the meantime, here are some “before” and “after images shown during Madison Marquette executives presentation last week. BEFORE Photo from Madison Marquette AFTER Rendering from Madison Marquette BEFORE ...

Greystar pays $19.5M for downtown Fort Lauderdale office building, plans high-rise rental tower

Greystar just paid $19.5 million for an office building in downtown Fort Lauderdale, with plans to develop a high-rise multifamily tower, The Real Deal has learned. The 1.92-acre property, at 790 East Broward Boulevard, encompasses three separate parcels, including a nearly 26,000-square-foot building, parking lot and five-lane drive-through teller. The building’s main tenant is Chase Bank. Fort Lauderdale-based Stiles Corp. was the seller. Cushman & Wakefield Vice Chairman Robert Given and Zachary Sackley represented a partnership affiliated with Stiles in the sale. Greystar GP II, LLC, a partnership affiliated with Charleston, South Carolina-based Greystar, purchased the property in an office-market deal that closed on Wednesday, Given said. The sale has not yet cleared records. “Greystar had been interested in other nearby projects,” Given said. “We were ...

Arden community in PB County holds grand opening

The master-planned Arden residential development in west-central Palm Beach County held a grand opening Saturday to unveil model homes and landscaping. Virginia-based Ryan Homes expects to build about 200 homes in the first phase of the development, located just west of Lion Country Safari. Ryan has 24 reservations for homes with prices starting in the $300,000s. Arden is expected to grow to 2,000 homes over 10 years. Freehold Communities, the developer of Arden, designed the community with 19 miles of walking and running trails and a mile-long lake at its center. One of Arden’s most unusual features will be a community farm that will raise fresh vegetables for residents, who will support the farm through a monthly homeowners’ association fee of $246, which also will ...