BOCA RATON, FL - Park Partners Residential announced today the development of PARC3400, located at 3400 Davie Road, Davie, FL. The joint venture partnership of Giles Capital Group, Rosemurgy Properties, and FSG Holdings purchased the eight acres for this Class A multi-family apartment community. Construction is underway on the gated, five story, four building project with 259 units, and completion is expected in spring 2017.
“Park Partners Residential is excited to commence construction on what we believe will be one of the most desirable apartment communities in South Florida. Our location will provide residents with convenient access to employment, entertainment, and education centers. This feature, along with thoughtfully designed apartment homes, world class amenities, and exceptional customer service, will create an experience second to none for those that call PARC3400 home,” said Rick Giles, Managing Partner, Park Partners Residential and CEO, Giles Capital Group.
PARC3400 will have one, two, and three bedroom rental units with granite countertops, stainless steel appliances, upgraded lighting, walk-in closets, washer-dryer, ceiling fans, impact resistant windows and sliding doors, and private balconies/patios. Community amenities include a clubhouse, swimming pool and pavilion, 84 bicycle parking spaces, and car charging stations.
The PARC3400 project team includes: Land Use- Dunay, Miskel & Backman, LLP; Architect - RLC Architects, Boca Raton, FL; General Contractor - Current Builders, Pompano Beach, FL; Interior Designer - VPA Interiors; and Development, Management and Leasing - Park Partners Residential. Construction financing managed by HFF, Miami, FL.
ABOUT PARK PARTNERS RESIDENTIAL: Partners Residential (PPR) is a multi-faceted firm for the ownership, development, and property management of multi-family real estate. The company provides full service, third party property management to institutional and private owners of multifamily communities. Properties managed by the company include: Alta Congress, Boca Villas, Coastal Village, The Forum, and PARC3400 all located within Florida. www.parkpartners.com