A partnership between BH Group, PEBB Enterprises, and Related Group is poised to commence the mixed-use revitalization of The Quay shopping center in Fort Lauderdale’s Harbordale neighborhood. Recently acquiring the 73,000-square-foot complex for $48.5 million, located at 1515 SE 17th St., it currently boasts a variety of dining options and retail spaces as well as a marina and two-story office building. Plans for redevelopment on the seven-acre site include up to 361 residential units along with an additional 12,000 square feet designated for retail and restaurant use. Enhancements will also be made to align with this new development.
Financing was provided by Amerant Bank for the acquisition of this property.
This marks the third collaboration between BH Group, PEBB Enterprises,and Related Group who are also working together on another major mixed-use project at former Office Depot headquarters located at6600 North Military Trail in Boca Raton.
