Found 4 blog entries tagged as Hollywood Blog News.

Hollywood's Bid to Join South Florida's Top Tier Explained

Public-private partnerships, a planned commuter rail, and billions in private investment. Hollywood is positioning itself as a serious alternative to Miami, Fort Lauderdale, and West Palm Beach. Here's what's actually happening.

Key Takeaways

  • Hollywood claims more than $2 billion in new private investment, though independent reporting in October 2025 cited "more than $1 billion."
  • University Station, a $100 million affordable housing project with a pre-built commuter rail garage, is expected to be completed in Spring 2025.
  • The Broward Commuter Rail (BCR) is in federal planning but not yet funded or under construction.

South Florida's development story has long centered on Miami, Fort Lauderdale, West Palm Beach, and Boca Raton.…

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$360M Loan Launches Icon Beach Condos in Hollywood

Tyko Capital just wrote a $360 million check for a 350-unit waterfront tower in Hollywood Beach. Prices start at $825,000, well below comparable Broward projects. Here's why that matters and what the financing signals about the market.

Key Takeaways

  • Icon Beach Waterfront Residences is a 38-story, 350-unit condo tower at 3724 South Ocean Drive in Hollywood.
  • Tyko Capital provided the $360 million construction loan, adding to its portfolio of major South Florida deals.
  • Prices range from $825,000 to $2.8 million, with construction starting in May 2026 and delivery targeted for 2028.

Related Group and BH Group have secured a $360 million construction loan from Tyko Capital for Icon Beach Waterfront Residences at 3724 South Ocean Drive in…

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Hollywood Approves 22-Unit Apartment at 2101 North 16th Avenue

Approximately a dozen Hollywood Lakes residents spoke against a 22-unit apartment building at the April 15 commission meeting. The project was approved unanimously anyway. Here's the legal reason why.

Key Takeaways

  • Hollywood City Commission unanimously approved a 22-unit, four-story apartment building at 2101-2111 North 16th Avenue.
  • The height was permitted by right under a 2016 upzoning for transit-oriented development along Federal Highway.
  • The commission vote was limited to design and site plan review, not whether the project could be built.

Boca Raton-based lawyer and investor Gil Ovadia won unanimous Hollywood City Commission approval on April 15, 2026, for a four-story, 22-unit market-rate apartment building at 2101-2111 North…

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Alonzo Mourning Secures $47M for Affordable Senior Housing in Hollywood

The NBA Hall of Famer's nonprofit and Coconut Grove-based Housing Trust Group have closed financing on Villa Jordana, a 96-unit project for seniors 62 and older. Monthly rents will range from $713 to $1,555, well below Hollywood's average of $2,179.

Key Takeaways

  • Villa Jordana is a 96-unit affordable senior housing project at 826 South Dixie Highway in Hollywood, with completion expected next year.

  • The $47 million financing package includes $33.8 million in tax credit equity from Raymond James, construction and permanent loans from Capital One through Freddie Mac, and a $640,000 loan from the city of Hollywood.

  • Units are restricted to renters 62 and older earning between 33% and 60% of the area median income, with monthly…

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