
The Village at Gulfstream Park has finally been approved by the city of Hallandale. The city approved the project by a 4 to 1 vote. The Village at Gulfstream Park is a partnership between Magna Entertainment and Forest City and phase I of the project is expected to begin in May 2007. The first phase will consist of 375,000 square feet of lifestyle retail space featuring 70 upscale shops and specialty stores, and 70,000 square feet of office space. Phase I is expected to be up and running in fall of 2008.
The Village at Gulfstream Park, to be built over 15 years, calls for:
1,500 condos
750,000 square feet of retail space
140,000 square feet of office space
500-room hotel and
2,500-seat cinema
The project will involve the construction of 225 affordable workforce-housing units both on the site itself and in neighborhoods within the city. When complete, it is expected to generate more than $22 million in taxes and create more than 2,800 permanent jobs. The Village at Gulfstream Park will revitalize an area of Hallandale that has been lagging behind for years. Forest City has already pledged to upgrade existing schools and roads to help make this a seamless integration.




















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