$200 Million Mixed-Use Hollywood Circle Project Opens

Written by on 06.19.18 in Investment Trends, Land, MultiFamily, Retail - No comments

Downtown Hollywood’s $200 million mixed-use Hollywood Circle project opened June 1.

Click on the photo for a SFBJ slideshow of the Hollywod Circle project

Located next to ArtsPark at Young Circle, Hollywood Circle features the 11-story Circ Hotel and the 25-story Circ Residences.

The Circ Hotel is an upscale boutique hotel with 111 guest rooms and suites; the Olivia Restaurant & Bar, an authentic Italian eatery by Piero Filpi; and The Muse Rooftop Bar & Lounge. It is the first new hotel to open in downtown Hollywood in nearly 40 years.

The Circ Residences features 386 one-, two- and three-bedroom apartments, plus an eighth-floor recreation deck that spans 1.5 acres and includes an oversized swimming pool, club room and fitness center with sauna and steam room.

Each apartment at the pet-friendly Circ Residences offers open-concept layouts with chef-inspired kitchens featuring quartz countertops, energy-efficient stainless steel appliances, and designer cabinets; ceramic tile flooring; designer lighting and fixtures; master bathrooms with subway tile and double-sink vanities; and a full-size washer and dryer.

The project includes a Publix grocery store and Publix liquor store, with an additional 13,000 square feet of retail space and a five-story, 941-space parking garage.

Conceived in the early 2000s and developed by Gold Coast Florida Regional Center (GCFRC), Hollywood Circle was built on a 3.2-acre site using partner and land equity, foreign investments raised through the U.S. Citizenship and Immigration Services (USCIS) EB-5 program and a construction loan from City National Bank.

Source: SFBJ

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