By Bryan Boggiano
The development project on the former Publix location at the northeast corner of Sample Road and University Drive has successfully overcome a significant obstacle.
Publix sold the 4.2-acre site to Key International and 13th Floor Investments, the firms announced Thursday. Developers plan to construct an eight-story, mixed-use project, joining Cornerstone and the proposed City Village in the city’s downtown.
The 2023 assessed value of the land is $5,149,730, according to the Broward County Property Appraiser. It last sold for $1 million in 1976.
The latest plans call for 377 residential units, 11,525 square feet of ground-floor retail space, and a 629-space parking garage.
Of the residential units, 175 would have one-bedroom, 158 two-bedroom, and 44 three-bedroom units.
Plans also call for a pool, gym, and dog park.
A development proposal previously came from both firms through Greenspoon Marder in the summer of 2022. But, city staff noted there were various steps the companies would have to take prior to the mixed-use property’s development.
These included reviews and recommendations from the development review, and the community redevelopment agency would have to review site plans, while the city commission would need to approve various special exceptions.
In September, the Planning and Zoning Board forwarded a favorable recommendation to the city commission approving various special exceptions to the project. The commission ultimately approved.
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