Joint venture partners Fort Lauderdale-based Stiles and San Francisco-based Shorenstein Properties LLC announced today that Publix Super Markets has signed a lease for a GreenWise Market at The Main Las Olas. The mixed-use project currently under construction is composed of a 25-story office tower, 341-unit residential tower and ground floor retail spanning a full city block between 201 East Las Olas and SE 3rd Avenue in downtown Fort Lauderdale. The project is set for completion in Fall 2020.
Stiles announced today that its property management and construction divisions won a combined 26 awards during a pair of local award ceremonies. Stiles Property Management and Stiles Construction are divisions of full-service real estate firm Stiles, a leading provider of third-party commercial and facility management services throughout Florida.
Stiles Tenant Project Management (STPM) announced today that it has completed the build-out for YUM Brands’ new 10,000-square-foot office suite at 200 East Las Olas in downtown Fort Lauderdale. STPM worked with design firm Associated Space Design of Tampa to complete the six-month project, which aimed to create a collaborative workspace that celebrated the YUM brands in a unique way.
Fort Lauderdale-based Stiles, along with partners Shorenstein Properties LLC, an owner and operator of high-quality office, residential and mixed-use properties across the U.S., and Broward College celebrated today the groundbreaking of “The Main Las Olas” project - a generational, mixed-use development featuring an office tower and residential tower, spanning a full city block bordering 201 E. Las Olas and SE 3rd Avenue in downtown Fort Lauderdale, FL.
Stiles announced today that Vice President of Stiles Architectural Group (SAG) Blaise McGinley has been promoted to President, following the recent retirement of Jeff Peal. Through Peal’s 38-year tenure as the head of SAG, the group has grown into an award-winning, well-respected design firm within the architecture and construction industries.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.
About BBX Capital Real Estate: BBX Capital Real Estate is active in the acquisition, ownership and management of real estate development projects and investments in joint ventures. BBX Capital Real Estate also holds legacy assets previously owned by BankAtlantic consisting of loans and charged off loans and judgments. For further information, please visit http://www.bbxcapital.com/bbx-capital-real-estate/overview/
About BBX Capital Corporation:
BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a diversified holding company whose activities include its approximate 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its Real Estate and Middle Market Divisions. For additional information, please visit www.BBXCapital.com.
About Bluegreen Vacations Corporation:
Bluegreen Vacations Corporation (NYSE: BXG), founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with approximately 211,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.
Media Relations Contacts:
Kip Hunter Marketing, 954-765-1329, Nicole Lewis / Elysia Volpe
Email: nicole@kiphuntermarketing.com, elysia@kiphuntermarketing.com
About BBX Capital Real Estate: BBX Capital Real Estate is active in the acquisition, ownership and management of real estate development projects and investments in joint ventures. BBX Capital Real Estate also holds legacy assets previously owned by BankAtlantic consisting of loans and charged off loans and judgments. For further information, please visit http://www.bbxcapital.com/bbx-capital-real-estate/overview/
About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a diversified holding company whose activities include its approximate 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its Real Estate and Middle Market Divisions. For additional information, please visit www.BBXCapital.com.
About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE: BXG), founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with approximately 211,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.
Media Relations Contacts: Kip Hunter Marketing, 954-765-1329, Nicole Lewis / Elysia Volpe
Email: nicole@kiphuntermarketing.com, elysia@kiphuntermarketing.com
About Stiles: Stiles is a full-service commercial real estate firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, Fort Myers, Tampa and Orlando, Florida, and has a development office in Charlotte, North Carolina. Stiles is responsible for more than 43 million square feet of office, industrial, retail and mixed-use residential projects throughout the southeastern United States. For more information, please visit http://stiles.com or call 954-627-9300.
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About Stiles
Established in 1951, Stiles is a full-service real estate development firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. The company is responsible for more than 43 million square feet of office, residential, industrial, retail and mixed-use projects throughout the southeastern United States. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, West Palm Beach, Naples/Fort Myers, and Orlando, Florida, as well as a development office in Charlotte, North Carolina. Learn more about Stiles at stiles.com.
About Cainhoy
The 9,000-acre Cainhoy property is being planned and developed as a new master-planned, mixed-use community located within the City of Charleston and Berkeley County. Cainhoy was annexed into the City of Charleston over 20 years ago as an integral part of the city’s growth plan and serves as a key connection between Mount Pleasant and Charleston. An estimated $250 million in infrastructure funding (schools, roads, bridges, sewer, water) by the city, county, state and federal governments is in place. Many of these improvements are underway or completed to support growth on the peninsula and surrounding areas.
Bordered by both the Wando and Cooper rivers, development plans call for the creation of a new “town” where innovative trails will connect people to rivers, creeks, parks, and marshlands, as well as neighborhoods, schools and a vibrant village. Conservation-minded planning principles will incorporate and enhance the land’s distinctive natural and cultural resources and over 50% of the property will remain undeveloped natural areas.
With approved zoning for residential neighborhoods, schools, retail and commercial, Cainhoy will become a significant submarket within Charleston…the city’s last “borough.” The property is fully entitled for as many as 18,000 homes, although approximately half that number is anticipated to be built. The community’s first public school, Philip Simmons Elementary and Middle School opened to Cainhoy area students August 2016 and the Philip Simmons High School opened August 2017.
The Guggenheim family and family interests continue their ownership of this land of which they have been stewards for decades. They have engaged the development team responsible for Daniel Island to lead the vision and development of their property as a vibrant new residential community and a place of recreation and retreat for greater Charleston.
About Publix
Publix is privately owned and operated by its 188,000 employees, with 2016 sales of $34 billion. Currently Publix has 1,155 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia. The company has been named one of Fortune’s “100 Best Companies to Work For in America” for 20 consecutive years. In addition, Publix’s dedication to superior quality and customer service is recognized among the top in the grocery business. For more information, visit the company’s website, corporate.publix.com.
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Stiles announced today that it has completed a $2 million renovation and rebranding of 200 East Las Olas, a 21-story, mixed-use office tower in downtown Fort Lauderdale. Stiles, which owns, manages and leases the property along with a global real estate investment manager, recently completed a 10-month makeover modernizing the building’s interior common areas and exterior façade. Along with its new look, the tower has been renamed 200 East Las Olas, taking inspiration from the renowned street it fronts.
Stiles announced today that CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), has enlisted Stiles Realty to lease its first U.S. headquarters to accommodate its regional business platform, CDB Aviation Americas LLC. The group, which specializes in the lease and finance of commercial aircraft, has leased an office at 515 East Las Olas Boulevard, also known as Las Olas Square.