This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street. The entire block is assembled, unencumbered, and ready for site plan approval. The property might be rezoned for 15-20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood. The proposed project would be 150 residential units with a ground floor public parking garage and retail. The current property consists of 3 mixed-use buildings and is 100% occupied. All tenants have a development clause in the leases and can vacate with a property notice. Great source of revenue for a developer while working on approvals.
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