PMG closes On $29m Las Olas Riverfront Site, Apartments & Retail Planned

PMG closes On $29m Las Olas Riverfront Site, Apartments & Retail Planned

PMG completed the purchase of a $29 million property at Las Ola Riverfront, where they plan to build an apartment and retail project targeting millenials.

The developer has previously said that rents would be about $3 per square foot.

The proposed waterfront project is comprised of 2.38 acres of waterfront land and will encompass over two phase millennial targeted rental development with 40,000 square feet of retail.

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