South Florida’s revitalization wave has expanded beyond Miami and Fort Lauderdale. As property values surge in those markets, developers are replicating the successful urban living formula in nearby cities at more accessible price points. Hollywood exemplifies this opportunity, offering the beach, a broadwalk, boardwalk, a 10-acre park downtown plus proximity to major employers.
BTI Partners acquired a 64,574-square-foot shopping center on Young Circle across from ArtsPark, combined with plans for a luxury high-rise tower on the adjacent Bread Building. The two-project initiative represents the largest redevelopment effort west of the Intracoastal in the history of the City of Hollywood.
