News Summary
The Plantation Marketplace is set to transform as new owners plan a redevelopment project. The vision includes 653 apartments, new retail spaces, and community amenities. This project aims to modernize the area while reducing traffic congestion and enhancing the living experience. The local community is eager to see how the Marketplace will evolve, with exciting plans for a grocery store and a linear park. City approval is pending, with further revisions needed before advancing to the next phase.
Exciting Changes on the Horizon for Plantation!
Big things are happening in the heart of Plantation! The well-known Plantation Marketplace, located at the bustling address of 7001 to 7181 W. Broward Boulevard, is set to undergo a major transformation that will breathe new life into this 22.8-acre shopping center. Originally constructed back in 1976, this retail space is about to reveal its potential in a whole new light.
New Owners, New Vision
In 2022, the much-loved center was acquired in two separate transactions for a total of $45.775 million. With new ownership comes a fresh perspective, as developers Charles Ladd and Steven Hudson have been busy planning a significant overhaul. Their vision includes requesting a land use plan amendment as they embark on this exciting redevelopment journey.
What’s the Big Plan?
So what’s on the drawing board? The proposed plans are extensive! The developers are looking to create 653 apartments while decreasing the retail space to just 60,000 square feet. This shift in focus from retail to multifamily housing reflects an emerging trend in South Florida, where many older shopping centers are being transformed to meet the demands of modern living.
An impressive aspect of this plan is the traffic impact study conducted by the creators themselves. It reports that the shift to living spaces will likely result in a decrease of 4,950 daily vehicle trips. This means less congestion on the roads and a more pedestrian-friendly environment – something all residents can appreciate!
A Thriving Community Hub
The excitement doesn’t stop there! Envisioned elements in the preliminary site plan present a vibrant new layout, featuring new retail spaces lining Broward Boulevard. Among these proposed amenities is a grocery store—a convenient addition for both new and existing residents! The developers are also planning a new linear park and a central courtyard area, creating a friendly atmosphere for gatherings, picnics, or just some quality time in nature.
While the developers haven’t unveiled specific building designs yet, the anticipation is already building in the community. Residents are curious about how the new look and feel will blend with the existing atmosphere of the Marketplace, which still houses familiar local favorites like Amped Fitness, Just Spoons Café, Food Fair Wholesale, and Plato’s Closet.
City Approval Needed
Before any hammer can hit the nail, the project must pass through the necessary city channels. On March 25, the city’s Review Committee got an early look at the application. However, the committee has asked for further revisions before the plan goes to the next step in the approval process.
The vision behind this transformation is clear: not only to revitalize the site but also to modernize the commercial frontage, while providing much-needed housing and community amenities.
Time for a Change
As Plantation embraces these changes, residents and visitors alike are encouraged to think about how this revitalization could enhance the community. With quality apartments that offer comfortable living spaces and a bustling retail hub, Plantation Marketplace aims to create a warm and welcoming home for many.
In a world where many shopping centers are being forgotten, Plantation is on the cutting edge, proving that with a little innovation and forward-thinking, the best is yet to come!
Stay tuned as this thrilling journey unfolds!
Deeper Dive: News & Info About This Topic
- The Real Deal: Plantation Project Approval
- Wikipedia: Plantation, Florida
- LA Today: New Businesses in Lakeland
- Google Search: Plantation Marketplace Florida
- Commercial Observer: Mormon Church Project
- Encyclopedia Britannica: Redevelopment
- Shopping Center Business: Retail Portfolio Acquisition
- Google News: Retail Trends South Florida
