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JV Closes on Land for $1B Coconut Creek Project

Summary by Connect CRE
A joint venture between Rosemurgy Properties, 13th Floor Homes, Schmier Property Group and Giles Capital Group closed on 170 acres in South Florida’s Coconut Creek for the development of Mainstreet, a mixed-use community. The projected build-out value is expected to exceed $1 billion. Mainstreet will encompass 12 development blocks. Plans for the multi-phase project include approximately 80,000 square feet of grocery-anchored retail space, 792 a…
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Connect CRE broke the news in on Tuesday, October 21, 2025.
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