Real State

Hallandale Gains Popularity with Florida Boom

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Ari Pearl, the founder of the real estate firm PPG Development, bought the 125-acre complex, with a marina, in 2018 and is building it in phases.

A recently finished Greg Norman-designed 18-hole golf course will be the centerpiece of a private golf club, Mr. Pearl said, and a 250-unit upscale rental building will start leasing apartments in early 2022, with amenities such as a gym, swimming pool, business center, golf simulator wine cellar and movie theater.

In partnership with Witkoff Group, another real estate company, PPG plans to begin construction next year on a luxury hotel with residences.

Oasis Hallandale, a $370 million venture, will debut in phases, according to its lead broker Norma Campos.The blocklong complex is off Hallandale Beach Boulevard and has a design that includes palm trees and cactuses, as well as fountains and a six-story waterfall.

Oasis Hallandale’s initial phase, 50,000 square feet of commercial space, will open later this year, Ms. Campos said, and include a kosher market, restaurants and a spa. Other venues, including offices and an art gallery, will follow next summer, and a 250-unit condominium will debut in 2024; prices for residences start at $440,000.

Single-family homes are part of the mix, too. Builders are buying run-down properties, tearing them down and constructing new ones. Mr. Ippolito, the home builder and Hallandale Beach resident, as an example, is constructing seven properties in the prestigious gated waterfront community of Golden Isles.

The residential and commercial development in Hallandale coincides with a $54 million town face-lift. Mayor Cooper said that the 15 city parks had new plantings, playgrounds and walking paths.

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