In Florida, The Estate Cos. has broken ground on Soleste Pompano Beach, an eight-story, mixed-use community with 235 luxury apartments and 4,000 square feet of commercial space. The development will include studios, one- and two-bedroom units, and live-work units with a combination of residential and business space, ranging from 450 to 1,050 square feet.
“We are excited to get this project off the ground, albeit given all the short-term economic challenges most are facing in the construction industry, our ability to perform while many projects are being shelved is a true testament to our entire organization and ability to self-perform,” states Jeffrey Ardizon, principal, The Estate Cos.
“Pompano Beach and South Florida in general is a market that continues to demonstrate healthy absorption and strong long-term fundamentals, despite all the recent headwinds. Future residents will benefit from its proximity to the beach but also boundless entertainment and dining options at an attainable price point, located on one of South Florida’s busiest corridors, just north of East Atlantic Boulevard.”
Soleste Pompano Beach will offer a collection of health and wellness offerings and social components to residents who will have access to a resort-style pool and an amenity deck with a fitness center on the sixth floor. There will also be public open space with a picnic area, a parking garage with 367 spaces, and 11 additional parallel parking spaces at the ground level.
The newest community is part of The Estate Cos.’ strategic plan to increase its focus on development in Broward and Palm Beach counties. In addition to Pompano Beach, the firm has luxury projects in various development stages in Spring Gardens, Dania Beach, Riviera Beach, West Palm Beach, two in North Miami Beach, and three in Hollywood. The Estate Cos. recently completed a hotel conversion, Alture Westland, in Hialeah and completed and sold a large-scale, ground-up development, Soleste Grand Central, in Miami.
