Related, BH to downsize Plantation multifamily project amid stagnant rents

The Pérez family’s Related Group and Isaac Toledano’s BH Group are seeking to downsize a planned mixed-use development in Plantation. The developers will present a revised plan for significantly reduced Plantation City Center to the city council Wednesday, the South Florida Business Journal reported. Related and BH initially received approval in 2024 for the project slated for the 16.8-acre site at 8601 West Sunrise Boulevard. The plans included 512 residential units, nearly 25,000 square feet of commercial space and 833 parking spaces. The revised plans call for just 385 residential units, a reduction of 25 percent. The plans also scale […]

This article originally appeared on The Real Deal. Click here to read the full story.