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POMPANO BEACH: NEW 234-UNIT RENTAL DEVELOPMENT IS PLANNED FOR EAST ATLANTIC BOULEVARD

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BY MARIE PULEO | POMPANO BEACH REAL ESTATE AND DEVELOPMENT REPORTER

A new mixed-use development that includes 234 multifamily residential rental units and retail space is planned for a 1.57-acre site at 400 E. Atlantic Boulevard, east of South Cypress Road. The property owner, Atlantic Estates, LLC, is seeking approval from the City for a major site plan and building design, which are currently under review. 

The property, located in the Snug Harbor neighborhood, is on the south side of Atlantic Boulevard directly west of the Koi/Envy mixed-use development. Atlantic Estates, LLC, acquired the land in 2019.

The property is currently occupied by a two-story office building fronting Atlantic Boulevard, and a 27-unit townhome community located south of the office building, along the Pompano Canal. The existing office building and townhomes, which were built in 1974, would be demolished to make way for the new development.

The project, called 400 East Atlantic, would consist of eight stories with roughly 75 studios, 116 one-bedroom units and 43 two-bedroom units. Studios range from 450 to 660 square feet, one-bedroom units range from 565 to 1,320 square feet, and two-bedroom units range from 890 to 1,500 square feet.

According to the plans, the development would have approximately 3,000 square feet of retail space and a 1,000-square-foot leasing office on the ground floor along Atlantic Boulevard to create an “urban, pedestrian-friendly environment.” Floors 1-4 would have residential units wrapped around a 251-space parking garage.

The fifth floor would have residential units and an open-air deck that features a raised garden and a 2,285 square-foot amenity space. Floors 6-8 would have residential units looking down on the garden deck. A 1,400-square-foot rectangular pool and “resort-style” landscaping is proposed on the rooftop deck, overlooking the Pompano Canal, which runs along the south side of the development.

The project would include a 15-foot wide pedestrian promenade along the canal, and a 10-foot wide boat dock.

The modern design of the mixed-use building includes an artistic mural on the west façade and on a roof tower.

The project site has a base zoning of Transit Oriented (TO) and is located in the Atlantic Boulevard East Overlay District (EOD), the City’s newest mixed-use zoning district. The land use designation is East Transit Oriented Corridor (ETOC), which is intended to encourage mixed-use development along Atlantic Boulevard, and to support mass transit use and a pedestrian-friendly environment. 

The ETOC land use requires developers to make an affordable housing contribution, either by setting aside a minimum of 15% of the proposed units as affordable housing or by paying an in-lieu-of fee for each unit. According to documents submitted to the City, the developer of 400 East Atlantic plans to contribute the in-lieu-of fee, rather than provide affordable housing units in the project.

For more Pompano Beach real estate and development news and things to do in Pompano Beach read Pompano! magazine and search our website.

mariepuleo
Author: mariepuleo

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