
REAL ESTATE OPPORTUNITIES
GFLA Economic Sourcebook 202676
most promising investment hubs, with property values
rising 14.78% in FY 2025, - the second highest among
all 31 cities—and continuing strong at 8.91% in FY
2026. Since 2021, the city has seen over $471 million
in new development, including $260 million in 2024
alone. Backed by the City’s $100 million “Building
Our Second Century” bond program, Oakland Park
is investing heavily in infrastructure, public facilities,
and community enhancements—positioning itself as a
forward-looking city with strong momentum and high
growth potential.
Pembroke Pines
e City of Pembroke Pines is home to over 170,000
residents and is strategically located in southwestern
Broward County with direct access to I-75, U.S. 27
and Florida’s Turnpike, over ve million people are
within a one-hour drive. e city has nearly 66,000
residential units and over 14 million square feet of
retail, oce, industrial and institutional development.
Two new aordable senior housing projects will
be open by the end of 2025, another 800 rental
apartments will be delivered by spring 2027 and
Lennar and DR Horton recently completed new inll
townhome communities. e city has seen continued
growth in the healthcare sector with Baptist Health,
HCA Healthcare and Memorial Healthcare Systems
developing new free standing emergency rooms and
medical oce space. e expansion in the healthcare
sector follows the development of the 120,000 square
foot Memorial Cancer Institute, one of the largest
cancer centers in Florida which opened in 2024. e
city is also anticipating delivery of nearly 400,000
square feet of industrial space including distribution
warehouse that is being developed by Summit Realty
and a new recycling facility being developed by Waste
Management; both projects should be completed by
the end of 2025.
Plantation
As you travel around the City of Plantation, you can
appreciate the abundance of growth seen throughout,
translating to additional revenue to the City’s tax
rolls, varied and exciting places to live, outstanding
employment possibilities, and vast opportunities to
enjoy Plantation’s enviable quality of life. Within the
City’s eastern business district, Plantation Gateway,
there is unprecedented growth, with a 31% taxable
value increase in 2022, and double digit yearly average
growth through 2025, driven by catalytic investments
by the Gateway CRA. Projects under construction
include HCA’s $11MM Free Standing ER Facility and
Kimco’s $11MM redevelopment of the new Publix
anchored West Broward Shopping Center. With 2,703
residential units and 489K SF of oce/retail developed
since 2023, and 1,233 residential units/38k SF of oce/
retail in the pipeline (Crossroads, Plantation Walk), the
City’s central district, Plantation Midtown is becoming
a true town center, with unparalleled oce, residential,
restaurant, and retail options available.
Pompano Beach
Pompano Beach stands as Broward County’s largest
industrial warehouse, and distribution submarket,
boasting over 28 million square feet of space,
supported by a strong network of multi-modal
transit infrastructure. e city features two active
Community Redevelopment Areas (CRAs). e
East CRA, home to Pompano’s main public beach
and the popular Fishing Village, has become a
magnet for tourism and upscale development. With
strategic investment from the city, this area is seeing
tremendous returns, including the arrival of high-
prole luxury projects such as e Ritz-Carlton, e
Waldorf Astoria, and e W Hotel. e Northwest
CRA serves as the city’s emerging downtown core,
encompassing City Hall, Old Town, the Cultural Arts
Center, and a Broward County Library branch. Major
developments are reshaping the city’s economic and
lifestyle landscape. Roca Point Partners (Atlanta)
has been selected as Master Developer for the 75-
acre downtown redevelopment, projected to evolve
into a $2+ billion mixed-use district featuring
residential, retail, oce, and public space. Caesars
Entertainment, in partnership with e Cordish
Companies, is redeveloping a 130-acre area through
the expansion of Harrah’s Casino and the addition
of premier entertainment destinations such as LIVE!
and TopGolf. e entire district has been rebranded as
“e Pomp.” With momentum in both luxury coastal
living and dynamic urban redevelopment, Pompano
Beach is rapidly becoming one of South Florida’s
premier destinations for investment, tourism, business,
and residing.
Sunrise
e City of Sunrise has approximately 98,000
residents and welcomes 30 million visitors annually.
Our Sawgrass Business and Entertainment District
is anchored by three major powerhouses: Sawgrass
Mills, the largest outlet mall in the U.S.; our 20,000+
seat Amerant Bank Arena, home of the Florida
Panthers 2024/2025 Stanley Cup Champions and
concert venue for renowned artists; and our 612-acre
Sawgrass International Corporate Park, a premier
business destination. Over $2.4 billion of mixed-use
projects are underway, which includes Metropica and
Radius at Sawgrass, along with plans to add mixed-use
development at the Arena. More than $35 million has
been invested in infrastructure, enhanced park space,
public art, community facilities, and more in Sunrise’s
original neighborhoods. Upcoming developments
include a 100-bed, state-of-the-art Hospital, a
freestanding Emergency Department, and several
residential and mixed-use projects. With world-class
amenities, strategic investment, and a pro-business
mindset, Sunrise continues to rise as a thriving
destination for all.
Tamarac
Tamarac is a vibrant, business-friendly city just 25
miles from Fort Lauderdale, with access to major
highways, airports, and seaports. As its median age
drops from 59 to 49, the city is attracting a growing
community of young professionals and families.
Over the past decade, Tamarac has secured $4.7
billion in private development investment, with new
residential and mixed-use projects in progress. e
city is proactively acquiring land along the State Road
7 corridor to guide smart redevelopment aligned with
its new comprehensive plan. is includes a Planned
Development District zoning classication that oers
exibility and streamlines approvals. Tamarac also
supports business growth through powerful incentives:
up to $250,000 in Commercial Façade Grants, up to
$100,000 in Tenant Improvement Grants, and up to
$10,000 in Small Business Micro Grants. With strong
leadership, strategic planning, and targeted investment
tools, Tamarac is building a dynamic environment for
developers and entrepreneurs alike.
West Park
Following the ratication of sustainable, mixed-use,
transit oriented zoning districts along South State
Road 7, Hallandale Beach Boulevard and Pembroke
Road, the city anticipates signicant commercial
development over the next few years. Also, as a result
of focused aordable housing development initiatives,
the city anticipates the development of multiple single-
family, aordable homes in the area. Also, in addition
to an ongoing comprehensive citywide infrastructure
improvement initiative, additional economic
development strategies include the establishment of
public-private development partnerships to assist
in converting existing vacant properties into viable
oce, banking, restaurant, hotel and other mixed-use
development amenities.
Weston
Located at the crossroads of I-75, I-595, and the
Sawgrass Expressway, Weston has more than 7
million square feet of rst-class industrial, oce and
commercial space accessible to Florida’s east and
west coasts, FLL, Miami International Airport, Port
Everglades, and PortMiami. It is home to nationally
recognized hotels oering accommodations of various
levels. Weston is consistently ranked in the top tier
of safest cities in Florida. Weston also has AAA bond
ratings from Moody’s and Standard & Poor’s. Weston
has the lowest ad valorem tax rate in Broward, and a
re rescue department with an ISO Class One rating,
as well as assets like Cleveland Clinic’s world-class
health care. Housing ranges from estate homes to town
homes for families that seek out the city’s A-rated public
schools, meticulously maintained parks, extensive
landscaping and owing waterways throughout a
diverse, vibrant community whose lifestyle, appearance
and management style cities around the world wish to
emulate.
Wilton Manors
Wilton Manors is a vibrant city with a pedestrian-
friendly environment for aordable living, shopping,
dining, arts, culture and entertainment. Surrounded
by 13 miles of waterways and 29 acres of waterfront
property, this two-square-mile city is known as the
Island City. It has 15 national wildlife habitat-certied
parks, several art galleries, as well as more than 20
community group classes and 40 festivals and events
per year. Oering all the big-city amenities, yet
maintaining a small-town welcoming feel, Wilton
Manors oers a stable residential environment for
young families, couples, and retirees, and has become
an internationally known destination for the LGBTQ+
community that is welcoming to all.
Hollywood
Celebrating its centennial in 2025, the “Dia-
mond of the Gold Coast” boasts history from
its walkable downtown and Parisian-style
circles to its 2.5-mile Broadwalk along the
Atlantic Ocean.
Photo Courtesy of the City of Hollywood
NEIGHBORHOOD SPOTLIGHT