Business
Kadima Developers Launch $70 Million Seven Park Residences Project
Kadima Developers has officially commenced construction on the luxurious Seven Park Residences in Hallandale Beach, Florida. This significant project, which is set to cost approximately $70 million, will feature a total of 124 units. Positioned at 218-220 SE Seventh St., the development will face the scenic Peter Bluesten Park.
The Seven Park Residences will offer a variety of living spaces, including studio, one-, two-, and three-bedroom units ranging from 500 to 1,645 square feet. In addition to the residential components, the mixed-use building will incorporate 4,500 square feet of retail space on the ground floor, enhancing the commercial landscape of the area.
Features and Economic Impact
Planned amenities for the wellness-themed development include a swimming pool, cabanas, a fitness center, and a wellness spa equipped with a sauna. Joseph Melul, managing partner of Kadima Developers, highlighted the project’s significance, stating, “The commencement of construction is a testament to the strong market demand for high-quality, attainable living in South Florida.”
Melul further noted that the development will not only create hundreds of construction jobs but will also inject new commercial vitality into Hallandale Beach. This investment is expected to contribute significantly to the growth and prosperity of the neighborhood, catering to the increasing demand for premium living spaces in the region.
As urban areas continue to evolve, projects like the Seven Park Residences exemplify the commitment to enhancing community living while addressing the needs of modern residents. The anticipated completion of this development marks a promising step forward for Hallandale Beach, aiming to attract new families and businesses alike.
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