El-Ad National Properties Unveils Plans for The District in Davie, a Vibrant Rental Residential Apartment, Dining and Retail Project in Davie
El-Ad National Properties Unveils Plans for The District in Davie, a Vibrant Rental Residential Apartment, Dining and Retail Project in Davie
El-Ad National Properties Unveils Plans for The District in Davie, a Vibrant Rental Residential Apartment, Dining and Retail Project in Davie
Award-winning developer El-Ad National Properties, an Elad Group company with a South Florida-based team, is bringing its expertise and exceptional reputation to Davie, Florida with its upscale 2.8 million-square-foot mixed use rental residential apartment and commercial project named The District in Davie. This is the largest multi-family project in Davie’s history.
Situated in a premier location convenient to Fort Lauderdale and Miami’s urban core, The District in Davie is minutes north of The Guitar Hotel at Seminole Hard Rock Hotel & Casino which is one of the biggest hospitality and entertainment centers in South Florida. Therefore, this contemporary new project, The District in Davie, is touted as serving as the new “front door to Davie,” appealing to young professionals and more.
Expected to be a one billion dollar project, construction is slated to begin by mid-2023, and pre-leasing is expected to commence in early 2025. Anticipated completion of the first phase is 2025. The architect is Cooper Carry of Atlanta, one of the top architecture firms in the U.S.; the landscape architect is internationally-renowned EDSA of Fort Lauderdale.
Located at 4801–4999 S. State Road 7, Davie, Florida 33314 on the southwest corner of Griffin Road and State Road 7 in Broward County, The District in Davie will encompass five multifamily towers, constructed over three phases. It will include 1.6 million square feet of Class A residential apartments within approximately 1,256 units, curated indoor and outdoor amenities, 36,000 square feet of restaurants and retail, and modern conveniences. Approximately 1.1 million square feet of access controlled onsite parking will be available within 2,650 parking spaces.
El-Ad National Properties, developer of ALINA Residences Boca Raton, is known for indoor/outdoor living developments and is particularly drawn to re-purposing areas for maximum, best use. The company’s development team saw the value of the Davie property, recognizing the economic drivers surrounding top-tier entertainment venues and the number of people attracted to this growing area.
“This project is a game-changer for the town of Davie, by providing much-needed modernized residential living opportunities close to nearby universities, medical facilities and employment hubs such as the airport and seaport,” said El-Ad National Properties CEO Noam Ziv. “Redeveloping the area by replacing a dated shopping center with a modern community provides a greatly enhanced tax base for the town.
“The District in Davie’s superior location with easy access to a variety of central business districts, is certain to appeal to young professionals and families with Davie’s valued open, trail and recreational space,” he continued.
Davie borders 10 other municipalities (1/3 of Broward County). “If you want to traverse anywhere in central Broward County, you will pass through Davie via I-595, the Florida Turnpike, and I-75,” notes Davie Mayor Judy Paul. “Davie’s proximity places the Town within minutes of the Fort Lauderdale/Hollywood International Airport and Port Everglades, and is the home of the South Florida Education Center including Nova Southeastern University, the University of Florida, Florida Atlantic University, Broward College and McFatter Tech Center.
“The District in Davie is a trailblazing, defining milestone for the town and is an example of our commitment to working with developers such as El-Ad National, who approach new projects in the appropriate zoning as opportunities and destination points for the community,” she continued.
“With expectations from commercial tenants and residents alike higher than ever for the places they choose to live and work, we are confident our plans for The District in Davie will stand out and enhance the local community,” said Noam Ziv, CEO of El-Ad National. “We believe this highly desirable location in Central Broward County is the perfect place for investing in a best-in-class project such as we have accomplished in downtown Boca Raton with the award-winning ALINA Residences community.”
The Davie project’s five buildings will range from 20–24 stories, each offering thoughtfully designed studio, one-, two-, and three-bedroom apartments, some with dens. Unit sizes range from approximately 589 to 1,460 square feet. Each unit offers keyless entry, high-speed Internet, and smart thermostats.
Each building will entice with pool and 24-hour fitness/spa treatment room amenities, a penthouse level Sky Lounge reservable for indoor and outdoor entertainment with kitchen and seating, and ground floor storefront spaces for resident conveniences. Planned lifestyle amenities include pet-friendly features such as bark parks and grooming stations, game lounges and children’s play suites, as well as multiple work-from-home accommodations including co-working spaces and meeting rooms.
Offering the quintessential South Florida lifestyle, inviting outdoor social spaces include rooftop pools, outdoor kitchens, fire pits, and green spaces for outdoor yoga, games, and movies. Planned green elements are electric vehicle charging stations in garages, complimentary bicycle parking/storage areas, and LED lighting technology for energy efficiency.
