Kushner Companies advanced a plan to develop a 470-unit multifamily building and a synagogue near the Seminole Hard Rock Hotel and Casino in Hollywood.
The Hollywood City Commission last week approved a rezoning and a site plan for the development, which also would entail conversion of a historic house to a library.
New York City-based Kushner, founded by Charles Kushner, and led by CEO Laurent Morali, and President Nicole Kushner Meyer, has a contract to acquire the development site on the southeast corner of the intersection of Stirling Road and State Road 7.
Two companies own the 5.7-acre site encompassing two parcels across from each other on North 58th Avenue. The owner of 4231 North 58th Avenue is 58 Oak, LLC, led by Ari Pearl of PPG Development, and Reuven Rogatinsky.
The rest of the site, at 4220 North 58th Avenue, is owned by 4220 N 58th Avenue Partners, LLC, led by Fort Lauderdale attorney Samuel Rogatinsky.
Kushner plans to build an eight-story multifamily building and a seven-story parking garage with 786 spaces on the west side of the street, and a 4,000-square-foot synagogue and 9,300-square-foot clubhouse on the east side.
The multifamily building would have 80 studios, 132 one-bedroom units, 122 one-bedroom units with a den, 52 two-bedroom units, 76 two-bedroom units with a den and eight three-bedroom units.
Kushner also plans to renovate the historic Bryan House, a vacant structure on the west side of 58th Avenue and convert it to a private residential library on a courtyard enclosed by the multifamily building. John Milton Bryan Jr. and his wife, Guilda Rose Bryan, built the house in the early 1900s on a remnant of an orange grove they owned. Hollywood designated the house as a local historic site in 1999.
The Hollywood City Commission rezoned the development site from “north mixed use” (N-MU) to “planned development” (PD) and approved a partial demolition of Bryan House to remove a portion of the structure that was not part of the original construction.
Kushner has been very active in South Florida. In May, the company scored a $115 million construction loan and broke ground on a three-story, 68-unit luxury apartment building in Surfside. Kushner also has developments in Miami Gardens, in Miami’s Wynwood and Edgewater neighborhoods, and in Fort Lauderdale. In December, the company paid $190 million for the 28-story, 276-unit Hamilton apartment tower in Edgewater.
