Pompano Apartments Update 10/07/24

Apartment Community to Replace Closed Macy’s Store in Pompano Beach

 

 

Developers The Morgan Group and The Carlyle Group have acquired the site of a closed Macy’s department store and have plans for an apartment community. The developers acquired the site of the store for $10 million and, in a separate transaction, acquired the adjacent parking lot site for $8.8 million. The community will offer 356 apartments contained in eight four-story buildings, along with a clubhouse, pool, and will include 545 parking spaces.

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