The mixed-use district is expected to open in late 2028.
Sunbeam Properties, along with Stiles, a Fort Lauderdale-based developer, have broken ground on Miramar Cove, a $1 billion, 125-acre mixed-use community in Miramar, Fla. The project will feature residential, retail and office components. The project is slated to open in the fourth quarter of 2028.
Plans call for the construction 2,874 residences, including 200 townhomes, 400,000 square feet of retail space with a 35,000-square-foot grocery store, 125,000 square feet of Class A office space and a 185-key hotel. The centerpiece of the development will be a 5.5-acre Blue Mar Basin water feature, which uses a proprietary system developed by Martin Aquatic.
Formerly known as Park Miramar, the project was approved in 2024 and will be built in two phases, Floridian Development reported in April. According to Yardi Matrix, approximately 100 units at Miramar Cove will be affordable…